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Automotive Industry
Industry: Email Alert RSS FeedBehr CEO promises return to boom years; Supplier expects sales of [euro]3.5 billion before end of decade.(Markus Flik)(Interview)
Automotive News Europe, May, 2006 by Chew, Edmund
Byline: Edmund Chew
Behr is one of Europe's leading suppliers in the hard-fought air conditioning and engine cooling market. The Stuttgart-based company had flat sales of [euro]3.05 billion in 2005, as increased volumes in North America and Asia were offset by a decrease in its business in Europe. Its profit fell 3.2 percent to [euro]92 million compared with 2005. But the company predicts to start growing again in 2008. Behr CEO Markus Flik, 45, talked about the company's prospects when he spoke with Automotive News Europe's Edmund Chew.
Sales have been flat for a few years now. ...
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