Whether the focus is on the combustion engine or e-mobility, ElringKlinger develops technologically sophisticated components for all drive systems. For conventional combustion engines optimized by downsizing as well as for hybrid and electric vehicles using battery-powered electric motors and for fuel cells. With the Hug Group, ElringKlinger has now added a third dimension to its business model – that of exhaust gas purification.
ElringKlinger saw its revenue grow by 14.6% in the first quarter of 2015, taking the figure to EUR 371.4 (324.0) million.
Dividend increases 10% to EUR 0.55 (0.50) per share.
ElringKlinger has acuired US automotive supplier M&W Manufacturing Co., Michigan expanding its market position as supplier of spacer plates