Autins Group plc's (LON:AUTG) Gareth Kaminski-Cook discusses with Proactive London's Andrew Scott their unique Neptune technology which he says is a melt-blown material and has a construction which is unique and patented and gives up to 40% better acoustic, thermal and filtration performance compared to other products on the market. He says their customers include almost all of the big automotive companies with their largest client being JLR in the UK. The company was awarded nine new automotive contracts in the six months to March 2020, with an annualised value of £2.7mln. ''We have a £41mln inquiry pipeline, £34mln of that is Neptune and when the projects are awarded we have a well over 50% conversion rate''.
Autins CEO says they're seeing strategy of diversification and European growth start to come through
Quick facts: Autins Group plc
Price: 16.5 GBX
Market Cap: £6.53 m
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