Vitesco Technologies' consolidated net profit turned from loss to profit in the first quarter

In the first quarter of this year, Vitesco Technologies' sales reached 1.99 billion euros, down 13.9% year-on-year; adjusted EBITDA was 33 million euros, up from 30.8 million euros in the same period last year, and consolidated net profit turned from loss to profit, reaching 22.7 million euros. It is worth mentioning that Vitesco Technologies received new orders of 708 million euros in the first quarter, of which orders for electrification-related products amounted to 282 million euros.