Iochpe Maxion S/A ADR
About
Iochpe-Maxion SA engages in the automotive business. The firm involves in the production and distribution of auto parts and railway equipment. It operates through the following segments: Maxion Wheels, Maxion Structural Components and AmstedMaxion. The Maxion Wheels segment engages in the production and sale of steel for light and commercial vehicles and agricultural machinery and aluminum wheels for light vehicles.
The Maxion Structural Components segment engages in the production of side rails, cross members and full frames for commercial vehicles and structural components for light vehicles. The AmstedMaxion segment engages in the production of freight cars, railway wheels and casting as well as industrial castings. The company was founded in 1918 and is headquartered in Sao Paulo, Brazil.
Growth
Iochpe-Maxion is a well-established company and a global leader in wheel production and structural components in the Americas. With a strong presence in the market and a focus on sustainability and financial performance, the company has reached a mature stage in its growth. Its consistent revenue growth, profit margins, and strategic partnerships showcase a stable and established presence in the industry.
Achievements
Iochpe-Maxion has achieved significant milestones in its history, such as reaching a revenue of R$3.8 billion in the 2nd quarter of 2024, representing a 1.1% growth from the previous year. The company also reported a gross profit of R$476.6 million with a margin of 12.4% and a 14.1% growth in recurrent EBITDA. Additionally, the launch of the ROADMAP ZERO strategy to become an industry benchmark and partnerships with companies like Forsee Power demonstrate Iochpe-Maxion's commitment to innovation and sustainability.
Case Studies
Iochpe-Maxion has been involved in several notable projects, including the development of innovative solutions for zero-emission vehicles in partnership with Forsee Power. The company's strategic approach to sustainability and technological advancements has positioned it as a key player in the industry, driving innovation and setting new standards for environmental responsibility. These projects showcase Iochpe-Maxion's dedication to driving positive change and leading the way in sustainable manufacturing practices.
Key Events
Key events for Iochpe-Maxion include the partnership announcement with Forsee Power to offer zero-emission solutions for commercial vehicles, the company's adherence to the United Nations Global Compact, and the launch of the ROADMAP ZERO strategy. These initiatives highlight Iochpe-Maxion's commitment to sustainability and innovation, setting a precedent for the industry. Additionally, the company's financial performance in the 2nd quarter of 2024, with revenue growth and profit margins, further solidify its position as a leader in the industry.
Socials
Website
Founded
-
Operating Status
Active
Industry
Automotive
headquarters
Address
Rua Luigi Galvani 146-13º andar São Paulo Sao Paulo 04575 Brazil...
Country
Brazil
Employees
-
Key People
Nildemar Secches (Director)
Gustavo Berg Ioschpe (Director)
Renato J. Salum (Chief Financial Officer)
Revenue
14.96 B
Operating Income
Stock Price
$0.455
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Iochpe Maxion S/A ADR
-
Website
-
Founded
-
-
Industry
Automotive
-
Address
Rua Luigi Galvani 146-13º andar São Paulo Sao Paulo 04575 Brazil...
-
Country
Brazil
-
Number of employees
-+
-
Revenue
14.96 B
About Iochpe Maxion S/A ADR
Iochpe-Maxion SA engages in the automotive business. The firm involves in the production and distribution of auto parts and railway equipment. It operates through the following segments: Maxion Wheels, Maxion Structural Components and AmstedMaxion. The Maxion Wheels segment engages in the production and sale of steel for light and commercial vehicles and agricultural machinery and aluminum wheels for light vehicles.
The Maxion Structural Components segment engages in the production of side rails, cross members and full frames for commercial vehicles and structural components for light vehicles. The AmstedMaxion segment engages in the production of freight cars, railway wheels and casting as well as industrial castings. The company was founded in 1918 and is headquartered in Sao Paulo, Brazil.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
