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2.60000 EUR
0.07
2.62%
Last update Apr 1, 8:00 AM CEST
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Day range
2.60000
2.60000
Previous close
2.67000
Open
2.60000
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Novem Group S.A.
2.60
0.07
2.62%

Overview

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Description

Novem Group S.A. is a Luxembourg-based company specializing in the development, production, and supply of trim elements and decorative functional components for vehicle interiors in the automotive industry. Founded in 1947 and headquartered in Contern, Luxembourg, it serves premium automakers globally with innovative surface finishing, engineering expertise, and high-quality products such as instrument panels, door trims, center consoles, dashboards, and beltlines. The company operates through three key geographical segments—Europe, Americas, and Asia—employing approximately 4,500 to 4,900 people and generating sales primarily from auto parts and accessories. Novem Group S.A. emphasizes advanced manufacturing of materials like wood, aluminum, carbon, leather, and synthetics, positioning it as a leading system supplier in the consumer cyclical sector's auto parts industry. Its governance structure includes a supervisory board chaired by Stephan Josef Maria Kessel and an executive team led by CEO Markus Wittmann, underscoring a commitment to robust corporate practices. Major shareholders include Bregal Capital LLP with a significant stake.

About

CEO
Mr. Markus Wittmann
Employees
5488
Address
19, Rue Edmond Reuter
11 Bermudiana Road
Contern, 5326, MI
Luxembourg
Phone
352 2 0213 055
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Auto Parts
Country
Germany
MIC code
XMUN
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