4 August 2026 - 40.5p
We recommended shares in CT Automotive back in April at 25.5p and it is clearly pleasing to see that they have doubled since then! The shares closed at 53p last night although they have fallen sharply today following a trading update. This has shown that in the six months to 30 June revenue grew 15% to $62.1m driven by strong customer demand and the launch of new programmes at the group's Mexican facility. However, first half pre-tax profits are expected to be well below last year's figure due . . .
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