PKC Group Oyj - Company Announcement

PKC Group wins new business contracts in the amount of about EUR 30 million

PKC Group Plc         Company Announcement 25 March 2015         12.00 pm


PKC Group wins new business contracts in the amount of about EUR 30 million



PKC Group has won new business contracts in the amount of about EUR 30 million
from two major global vehicle manufacturers. The new contracts are estimated to
launch by 2018 and to generate annual revenue of about EUR 30 million. 



The major part of the revenue relates to the engagement of PKC North America to
manufacture high current fuse modules and associated EDS routing and retention
shields for a new light vehicle platform. The focus of the PKC North America
components has been on special power distribution center (PDC) development for
commercial and light commercial vehicles. However, extension of this product
line to light vehicles provides PKC with economies of scale and strengthens its
partnership with a key customer. 



In addition, PKC Group has been selected as a global wiring harness supplier to
a leading global agriculture vehicle manufacturer. PKC Group will supply
complete harnesses to a new agricultural equipment platform. This new business
award strengthens PKC Group's market position within global agricultural
equipment segment. 





PKC Group Plc



Board of Directors



Matti Hyytiäinen

President & CEO





For more information, please contact:

Matti Hyytiäinen, President & CEO, PKC Group Plc, tel. +358 (0)400 710 968





Distribution

Nasdaq Helsinki

Main media

www.pkcgroup.com





PKC Group is a global partner, designing, manufacturing and integrating
electrical distribution systems, electronics and related architecture
components for the commercial vehicle industry and other selected segments. The
Group has production facilities in Brazil, China, Estonia, Finland, Germany,
Lithuania, Mexico, Poland, Russia, Serbia and the USA. The Group's revenue in
2014 totalled EUR 829.2 million. PKC Group Plc is listed on Nasdaq Helsinki.