CIE Automotive reaches second position in the prestigious ranking reports; The company climbs one position in the latest edition of the study, which assesses the 2021 Annual Report of companies listed on the Spanish stock market
December 20, 2022 at 10:03 am EST
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CIE Automotive has obtained the silver medal in the 2022 Report Report, a study that assesses the quality of the information that the companies that are part of the General Index of the Madrid Stock Exchange (IGBM) make available to their shareholders and stakeholders in its Annual Report. Thus, the company continues to climb positions in the ranking, reaching second position this year, only one tenth behind Banco Santander.
The general classification of the Reporta Report is obtained from the scores obtained by the universe of companies analyzed in a total of 36 indicators, grouped into four principles: transparency, commitment, relevance and accessibility.
The company has obtained a record score of 85.7 points this year (0.4 more than the previous year) out of a maximum of 100, maintaining leadership and the maximum possible score in the 'Accessibility' principle. Likewise, for the second consecutive year, CIE Automotive obtains first overall position among companies in the 'Basic Materials, Industry and Construction' sector.
It is worth noting the very positive evolution of the CIE Automotive Annual Report, which has gone from 51st position and a score of 47.6 in 2014 to 2nd with 85.7 points in 2022.
Congratulations to the entire CIE Automotive team for this new recognition!
CIE Automotive SA is a Spain-based company engaged, through its subsidiaries, in the production of biofuels, as well as in the supply of components and subassemblies for the automotive industry. The Company is also involved in the Information Technology (IT) sector, with the provision of technological solutions for the healthcare, education, sustainability, transport and communications sectors. The Company is a parent of Grupo CIE Automotive, a group which comprises a number of controlled entities with operations established in Spain, Portugal, France, Lithuania, Morocco, Czech Republic, Romania, Brazil, Argentina, China, Russia, Guatemala and Mexico, among others. The Company has such subsidiaries as Global Dominion Access SA, CIE Inversiones e Inmuebles Sociedad Limitada and CIE Berriz Sociedad Limitada, among others. In February 2014, the Company acquired a 50% stake in RS Automotive NV owned by VEP Fund I Holding Cooperatief WA.
CIE Automotive reaches second position in the prestigious ranking reports; The company climbs one position in the latest edition of the study, which assesses the 2021 Annual Report of companies listed on the Spanish stock market