New AIM admission: CT Automotive share price rises 9% on first day

CT Automotive is a supplier of interior components to the automotive sector and it already has a strong relationship with Nissan. It is building its relationships with other car manufacturers and their suppliers.  

Business is dependent on global car production, which was hit by lockdowns in 2020 and has been hampered by electronic component shortages in the past year. The latter has hit the second half of 2021, after a strong first half’s trading. Trading will be disrupted well into 2022.

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