Company Profile
Cofle S.p.A. is specialized in designing, manufacturing and marketing cables and control systems for use in the automotive industry. The turnover is divided across the following activities:
- sale of control cables and systems (67.7%): control systems, gearbox control levers, brake levers and pedals, axles, steering columns and systems, gearboxes, motion drive systems, traction cables, handbrake cables, clutch cables, accelerator cables, transmission cables, valve cables, injection molded parts, plastic parts, etc. ;
- sale of automotive components (32.3%): brake cables, clutch cables , gear shift cables, accelerator cables, transmission cables, brake hoses, electrical cables for electronics, brake servos etc.
At the end of 2023, the group had 6 production sites in Italy, Turkey (3), India and Brazil.
Net sales are distributed geographically as follows: Italy (17.7%), Europe (79.3%) and other (3%).
- sale of control cables and systems (67.7%): control systems, gearbox control levers, brake levers and pedals, axles, steering columns and systems, gearboxes, motion drive systems, traction cables, handbrake cables, clutch cables, accelerator cables, transmission cables, valve cables, injection molded parts, plastic parts, etc. ;
- sale of automotive components (32.3%): brake cables, clutch cables , gear shift cables, accelerator cables, transmission cables, brake hoses, electrical cables for electronics, brake servos etc.
At the end of 2023, the group had 6 production sites in Italy, Turkey (3), India and Brazil.
Net sales are distributed geographically as follows: Italy (17.7%), Europe (79.3%) and other (3%).
Source: Cofisem - Last Update: 2024-09-25
Key Executives
| Chief Executive Officer | |
| Chief Communication Officer | |
| Head of Investor Relations |
Source: Cofisem - Last Update: 2024-09-25
Key Figures
| Millenium | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Net sales | 60,580,881 | 55,385,413 | 52,214,284 | 36,955,081 | 37,796,427 |
| Consumed purchases | 24,463,848 | 21,795,011 | 16,844,193 | 12,685,188 | 12,198,763 |
| Labour costs | 14,105,282 | 11,537,735 | 11,326,670 | 9,832,026 | 10,929,774 |
| Operating profit | 6,705,466 | 8,435,356 | 10,380,820 | 4,722,390 | 3,958,850 |
| Income tax | 593,049 | 1,893,501 | 2,280,274 | 1,077,837 | 921,654 |
| Net income | 784,875 | 2,648,071 | 9,274,385 | 3,894,687 | 2,900,282 |
| Net income (Group share) | 359,676 | 2,288,040 | 8,242,303 | 3,427,214 | 2,560,106 |
| Fiscal year end | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Length of fiscal year (month) | 12 | 12 | 12 | 12 | 12 |
| Currency & Unit | EUR - unit | EUR - unit | EUR - unit | EUR - unit | EUR - unit |
| Account Standards | Local GAAP | Local GAAP | Local GAAP | Local GAAP | Local GAAP |
Source: Cofisem - Last Update: 2024-09-25
Shareholder information
| Free float | |
| Independance et Expansion Europe Small | |
| Indépendance et Expension Sicav | |
| Lupus alpha Fonds | |
| Smart Agri Srl | |
| Valfin Srl |
Source: Cofisem - Last Update: 2024-09-25
Address
Cofle S.p.A.
Via del Ghezzo 54
IT-20056 Trezzo sull’Adda, Milano
Italy
Phone number: +39 02 920 0201
Fax: +39 02 909 37145
https://www.cofle.com/it/investor-relations/
Source: Cofisem - Last Update: 2024-09-25
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