John Flintham

The investors has made a significant investment in the group, said John Flintham, Vice Chairman of Amtek Auto. The company did not disclose name of the investor.

To maintain EBITDA margin of 20% for standalone India biz: Amtek

The company is looking to maintain EBITDA margin of 20 percent for Standalone India business and EBITDA of 8-9 percent for overseas business, says John Flintham, Vice Chairman and MD of Amtek Auto.

Expect some pick up in economy, sales by mid-2016: Amtek Auto

John Flintham, Vice Chairman and Managing Director of Amtek Auto, says the company is addressing the debt issue through debt reduction programme and has set an internal target of raising Rs 6,500 crore for debt repayment by Sep 2016.

Aim for cut of Rs 6500 cr debt; to sell 25% intl biz: Amtek

Amtek Auto's Vice Chairman and Global CEO John Flintham said the company has reached an agreement with JP Morgan Asset Management, which holds Rs 200 crore of its non-convertible debentures (NCDs) which were to be redeemed last month.

Will close Asahi Tec acquisition this qtr: Amtek Auto

According to VC John Flintham, non-auto sectors like Railways and tractors are expected to be subdued. The organic growth in FY15 will be less compared to last year, he added.

May cut some stake in subsidiaries if required: Amtek Auto

The company is targeting annual revenue of Rs 22,000-23,000 crore in the months ahead.

Amtek Auto sees significant rise in direct exports for 2015

The direct exports for the company have gone up from Rs 500 crore to Rs 1000 crore in the2014 and would jump considerably in 2015 too, says John Flintham, Senior MD & CEO of Amtek Auto.

Eye Rs 24000 cr revenue aided by acquisitions: Amtek Auto

The company‘s debt levels, however, will rise from Rs 3000 crore to Rs 16000 crore post these purchases, adds John Flintham, senior managing director and chief executive officer, Amtek Auto.

Acquisitions to drive growth; see uptick in exports: Amtek

Acquisition of Neumayer Tekfor and JMTAuto already contributed to growth in quarter gone by, and the acquisition of German Kuepper Group would add substantially to growth in next fiscal year, said John Flintham, Sr MD & CEO, Amtek Auto.

Investments, capex to boost productivity, profits: Amtek

The company expects good growth in terms of topline and a continued improvement in productivity and profits said Flintham of Amtek India.

Amtek Auto picks 51.3% stake in JMT Auto

Amtek has paid about Rs 110 crore for 51.27 percent in JMT Auto. There will be an open offer for 26 percent, following the government guidelines.