Regulatory Filings • Apr 23, 2019
Regulatory Filings
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Security: ADPL / ISIN: HRADPLRA0006 Quotation: Zagreb Stock Exchange, Prime Market
Solin, April 23, 2019
Company AD Plastik d.d. has sealed new deals worth EUR 10.2 million for the European market, including also the first deals sealed for the Hungarian market since the acquisition of the company Tisza Automotive.
Deal on production of radar brackets for the vehicle Renault Traffic has been sealed with the total project value of EUR 1.5 million, whose start of serial production is planned in 2020 with a projected duration of seven years. Deals on production of light housing have also been sealed with the customer Hella for the vehicles Nissan Navara and Volvo V40 with a total value of EUR 5.1 million, with an estimated project duration of three years and start of serial production in 2019.
New deals totaling EUR 3.6 million for the vehicles Suzuki Vitara and S Cross, Audi A3 and Audi A3 CC and BMW 3 were agreed for the Hungarian market. Deal on production of cooling fan trims has been sealed with Suzuki for the vehicles Vitara and S Cross with an overall value of EUR 0.5 million and the projected duration of three years, and the start of serial production is planned in 2019. Deals with a total value of EUR 2.2 million on production of side trims and bumper components for Audi vehicles have been sealed with the customer Alro. The expected duration of projects is five and seven years. Deal on production of headliner trims has been sealed with the customer SMP for the vehicle BMW 3, and the estimated duration of this project worth EUR 0.9 million is five years. Start of serial production for both projects is planned in 2020.
Katia Zelić Investor Relations Manager
mob. +385 91 221 1446 [email protected]
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