Vitesco Technologies Group AG /ADR Overview
Industry: Auto Parts
Sector: Consumer Cyclical
Vitesco Technologies Group Aktiengesellschaft develops and produces components and system solutions for drivetrains in hybrid vehicles, electric vehicles, and combustion engines in Germany and internationally. The company operates through Electrification Technology, Electronic Controls, Sensing & Actuation, and Contract Manufacturing segments. It offers 48-volt electrification solutions, electric drive systems, and power electronics for hybrid electric and battery electric vehicles. It also provides electronic controls, sensors, actuators, turbochargers, hydraulic components, and pumps, as well as exhaust-gas solutions. The company was formerly known as Vitesco Technologies EINS Aktiengesellschaft and changed its name to Vitesco Technologies Group Aktiengesellschaft in January 2020. The company was incorporated in 2019 and is headquartered in Regensburg, Germany.
Vitesco Technologies Group AG /ADR is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.
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