ElringKlinger

ElringKlinger

Automotive components and technology supplier

Overview

ElringKlinger is a global automotive components and technology supplier. Research, engineering, manufacturing, and quality operations support vehicle manufacturers and other industrial customers. It develops battery and fuel-cell components, sealing and shielding systems, lightweight structures, and engineered plastic products. The profile is ElringKlinger and its operating businesses. Roles span product development, materials, production, maintenance, quality, supply chain, sales, and corporate functions. Its workforce connects frontline delivery with the specialist, operational, technical, and business teams that support the organization.

About ElringKlinger

Simplify's Rating
Why ElringKlinger is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Automotive & Transportation

Industrial & Manufacturing

Company Size

N/A

Company Stage

N/A

Total Funding

N/A

Headquarters

N/A

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 revenue rose 17% to €479 million, driven by e-mobility ramps.
  • First-half 2026 adjusted EBIT margin reached 6.4%, supporting full-year guidance.
  • South Carolina expansion adds 294 jobs and $68.5 million investment, validating customer demand.

What critics are saying

  • E-mobility stayed loss-making in Q2 2026, posting negative adjusted EBIT of €8.1 million.
  • Global light vehicle production is forecast to contract 2.1% in 2026, pressuring core demand.
  • Isabelle Damen exits by December 31, 2026, disrupting finance leadership during transformation execution.

What makes ElringKlinger unique

  • ElringKlinger pairs sealing expertise with e-mobility cell contact systems and lightweight components.
  • SHAPE30 and STREAMLINE target roughly €50 million savings, sharpening its manufacturing advantage.
  • Its Pickens County battery hub anchors U.S. production for premium-car e-mobility programs.

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Company News

AftermarketNews
Jul 29th, 2026
ElringKlinger CFO Isabelle Damen to leave at year end.

ElringKlinger CFO Isabelle Damen to leave at year end. The company immediately began the process to appoint a successor to the Management Board position. Jeff White is the Managing Editor of Counterman. He joined Babcox after a 20-year career in TV News as a Producer. You can contact him at [email protected] Published: July 29, 2026 ElringKlinger announced that Chief Financial Officer (CFO) Isabelle Damen requested that the company's Supervisory Board of end Management Board contract early for personal reasons. Her contract began on Aug. 1, 2025. The Supervisory Board acknowledged her request with great respect. It approved the request during its scheduled meeting on July 23, 2026. The contract will end by mutual agreement on Dec. 31, 2026. Company begins successor search. ElringKlinger immediately began the process to appoint a successor to the Management Board position. The Supervisory Board thanked Damen for her considerable dedication to the implementation of the company's transformation strategy. It wished her every success and happiness at both a professional and a personal level.

AD HOC NEWS
Jun 29th, 2026
Norma Group outlines growth strategy, shares on Xetra in a fragmented auto sector.

Norma Group outlines growth strategy, shares on Xetra in a fragmented auto sector. 29.06.2026 - 10:34:37 | ad-hoc-news.de Norma Group presents a clear strategy focused on auto and industrial connectors while its shares trade on Xetra in a diversified European manufacturing peer group. By Stefan Krueger, Long-Term & Business Model desk. Reviewed prior to publication on 2026-06-29, 10:34. Norma Group (DE000A1H8BV3) remains a specialised supplier of engineered joining technology for automotive and industrial applications. The stock trades on Xetra in Frankfurt within a fragmented European auto components sector that includes peers such as Continental and Schaeffler. Norma Group's strategic positioning. Norma Group focuses on clamps, connectors and fluid systems that are mission-critical for leak-free and vibration-resistant applications in vehicles and industrial equipment. According to the company's investor materials, its product portfolio targets emissions control, cooling systems, and industrial process reliability. The group pursues a multi-pillar growth strategy built around innovation, international expansion and selective acquisitions, particularly in North America and Asia. Its long-term goal is to increase the share of standardized, scalable products, which typically offer higher margins than custom-engineered components. Sector context and peers. Norma Group operates in the wider European auto and industrial supplier landscape, where companies such as Continental, Schaeffler and ElringKlinger also compete for OEM contracts. Analysts and market commentary on the sector highlight increasing pressure from electrification, lightweight materials and stricter emissions regulation. Within the auto supplier universe, many houses focus on how component makers like Norma Group balance traditional combustion-related products with newer offerings suited to electric vehicles and hybrid systems. This includes adapting clamps and fluid systems for battery cooling circuits and high-voltage cable management. More background and data on Norma Group. Further company news, key figures and regulatory disclosures on Norma Group can be found via the ad-hoc-news topic page and the official Investor Relations site. What the company sells. Norma Group generates most of its revenue from engineered fastening and joining solutions such as hose clamps, quick connectors and fluid handling systems for automotive and industrial use. These components combine metal and polymer engineering to ensure durability under temperature changes, pressure cycles and mechanical vibration. Where the stock trades today. The Norma Group shares (DE000A1H8BV3) trade on Xetra in Frankfurt, with live-verified prices and market data available via Deutsche Börse and other quote platforms on 2026-06-29, 10:34 in euros. Norma Group at a glance. * Company: Norma Group SE * ISIN: DE000A1H8BV3 * WKN: A1H8BV * Ticker: NOE * Trading venue: Xetra * Price (as of 2026-06-29, 10:34): live in euros via Deutsche Börse * Market cap: live in euros (as of 2026-06-29) * Sector / industry: Industrial engineering, auto components * Index membership: SDAX * Next earnings date: not officially scheduled This text is for informational purposes only and does not constitute investment advice, tax advice or a recommendation to buy or sell any securities. All data and assessments are based on sources deemed reliable but cannot be guaranteed. Investors should conduct their own research or consult a professional advisor before making investment decisions. Sponsored Ad Norma stock: new analysis - 1 july. Fresh Norma information released. What's the impact for investors? Our latest independent report examines recent figures and market trends. en | DE000A1H8BV3 | NORMA | boerse | 69651349 | bgmi

WYFF 4
Oct 29th, 2025
Company expansion in South Carolina brings nearly 300 new jobs to Pickens County

Company expansion in South Carolina brings nearly 300 new jobs to Pickens County. ElringKlinger, an automotive supplier, announced it is expanding its operations in Pickens County, which will create 294 new jobs. Headquartered in Germany, ElringKlinger is a manufacturer for the automotive industry, specializing in e-mobility, lightweight solutions, sealing technology and tooling. The company operates over 40 locations worldwide and, in June 2024, established its main U.S. battery hub for developing and manufacturing e-mobility products, such as battery and lightweight components, in Pickens County. "The expansion of the plant in Easley, S.C., is another milestone for ElringKlinger in the implementation of our SHAPE30 transformation strategy," ElringKlinger Group CEO Thomas Jessulat said. "Thanks to the distinguished characteristics of the state of South Carolina, Pickens County offers excellent opportunities for establishing and further developing future technologies for the automotive industry in the U.S. Based on large-scale production orders already secured, we will ramp-up and expand the production of innovative battery and lightweight components." Located at 317 Grand National Lane in Easley, ElringKlinger says it plans to expand its production of cell contact systems for a major global premium car manufacturer, while also increasing output of lightweight components for electric vehicles and other new projects. Operations are expected to be online in the first quarter of 2027. Individuals interested in joining the ElringKlinger team should visit the company's careers page. The Coordinating Council for Economic Development approved job development credits related to the project. The council also awarded a $750,000 Set-Aside grant to Pickens County to assist with the costs of site preparation and building construction. "This additional investment from ElringKlinger represents a win for Pickens County. Since 2024, the company's combined commitment of $135 million reflects a strong vote of confidence in our community and our workforce," Pickens County Council Chairman Alex Saitta said."The creation of high-quality, technical jobs will provide opportunities for our own residents to build their careers right here at home. ElringKlinger's decision to expand in Pickens County further solidifies our position as a leader in advanced manufacturing and battery technology across the United States." FIVE FAST FACTS * ElringKlinger is expanding its operations in Pickens County. * The company's $68.5 million investment will create 294 new jobs. * ElringKlinger is an automotive supplier. * The company is located at 317 Grand National Lane in Easley, S.C. * Individuals interested in joining the ElringKlinger team should visit the company's careers page.

Intelligence360 News
Jul 19th, 2024
Elringklinger Group Plans Expansion In Easley, South Carolina Creating 115 New Jobs

ElringKlinger Group Plans Expansion in Easley, South Carolina Creating 115 New Jobs. ElringKlinger Group Plans Expansion in Easley, South Carolina Creating 115 New JobsEasley, South Carolina — According to state and local development sources, ElringKlinger Group plans to invest $40,300,000.00 to build out 226,000 square feet of new space in Easley. The company is creating 115 new jobs at this facility. The company plans to occupy the new space at 3800 Calhoun Memorial Highway in Easley, on or about June 1, 2025. According to the company website As an independent and globally positioned supplier, the ElringKlinger Group is a powerful and reliable partner to the automotive industry. Be it car or commercial vehicle, be it optimized combustion engine, hybrid technology, or electric motor we offer innovative solutions for all types of drive system in passenger cars and commercial vehicles

Plastics News
Jul 3rd, 2024
ElringKlinger spending $40.3M to create its US EV battery center

Automotive supplier ElringKlinger AG is investing $40.3 million to establish operations in Easley, S.C., to create a U.S. battery development and manufacturing center.

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