Items filtered by date: November 2017
Carbures, opens a new technological-industrial stage and enters in the Industry 4.0 in two ways: intelligent linear and collaborative robots, and the sensorization of composite structures. As a result of these new technological advances, Carbures Mobility, the automotive subsidiary of the Company, has signed a first contract of 2.4 million dollars, with a Tier 1 world reference in the sector, which for reasons of confidentiality with the customer we cannot reveal its name, for the sale of four intelligent linear for manufacturing and assembly in long series of braking systems for cars. Carbures thus consolidates its relationship with this Tier 1 after three years of commercial relations in Mexico and a decade in other countries, such as Germany, another key automotive pole in the global market.
CARBURES will dress on its best with C.D. Numancia. Carbures that operates with a plant of automotion in El Burgo de Osma , signs an agreement of sponsorship with the Sports Club Numancia de Soria for three seasons. The CEO of Carbures, Borja Martínez-Laredo, and the vice-president of the C. D. Numancia, Eduardo Rubio, have signed today, in the New Stadium Los Pajaritos, an agreement of sponsorship for which the equipment will take the name of the Company in his official equipment.
"The Numancia is a great soccer team that represents the values of effort, talent, quality and commitment to its land and their people. In Carbures, we feel very identified with these values and we join the commitment with this land in Soria and, specifically, with the city of El Burgo de Osma, in which we operate an important automotive plant for us ", affirms the CEO of Carbures, Borja Martínez-Laredo.”For all of us that form Carbures, it is an honor to be able to support the soccer team and, in addition, we want to be grateful to the authorities of this region for their out-standing work, which makes our work easier and allows us to continue growing day after day. This sponsorship agreement that we sign today is a sincere show of gratitude to Numancia and its people ".
As published by Expansion last Monday, November 13, the President of Airbus Operations in Spain, Manuel Huertas, participated in a conference organized by the Tedae association, in which he highlighted the good prospects that are presented for the Spanish aeronautical industry and the challenges that will arise in the future.
Global traffic increases at a rate close to 5% per year, which doubles every 15 years. In the coming years, close to 40,000 new aircrafts will be needed, of which 43% will correspond to the renewal of aircrafts and the remaining 57% to the growth of the companies. The fleets are renewed, moreover, faster and faster. According to Expansion, Huertas said that "in a globalized economy, any product is capable of being manufactured anywhere in the world" and claim to the auxiliary companies -including ITP, Aciturri, Alestis, Carbures or Aernnova- advances in the reduction of costs, improvement of quality and the incorporation of new products.
This week, CARBURES was present at the Composites Meetings convention in Nantes, France, on November 8th and 9th. This call, we can say that it is one of the most important internationally to be able to arrange appointments between companies, and generate B2B meetings.
Since the meeting is generic of composites, not sectorial, CARBURES has been present with its 3 areas: Aerospace & Defense, Mobility and Civil Works, showing products, capabilities, and a global vision of the company. In Carbures' continuous work of opening new markets and new customers, this type of appointment is especially relevant to be able to concentrate in a few hours numerous direct presentations to potential client companies.
The Board of Directors of the Company has approved to initiate the necessary procedures to leave the Alternative Stock Market and to be listed on the Continuous Market in 2018. This decision will be submitted to the General Shareholders Meeting of the Company for final approval.
In addition, Carbures has presented the audited financial results of the first half of the year with three clear indicators of its healthy balance sheet and that follows the roadmap marked in its process of consolidation and organic growth: the Company has closed the first half of the year with a turnover of 40.3 million euros, 33 percent more than that registered in the same period last year (30.2 million). In line with its business consolidation process, Carbures has managed to increase its recurring EBITDA by 63.6 percent, from -1.5 million in the first half of 2016 to one of -0.5 million euros in the same period of 2017. A similar improvement has been achieved in relation to net debt, which has been lowered by almost 43 percent, from the 106 million debt it had at the end of 2016 to 60.8 million at the end of the first half of 2017. The President of Carbures, Rafael Contreras, indicates: "Our results show that, on an industrial level, Carbures is on the right track. The data presented today improves very clearly those obtained a year ago and we expect to continue growing throughout this year and the next ones ".