Le Belier is a specialized provider of cast aluminium safety-related parts for the automotive industry with a worldwide market share of 35% for aluminium braking systems.
The Group provides a complete service offering from the production of prototypes to machined parts through its three Foundry, Machining and Tool-making divisions.
Aluminium: Positive underlying trends for the automobile industry The relative weight of aluminium in cars has risen steadily over the years. Today it accounts for nearly 9% of average vehicle weight compared with just 3% 30 years ago. This underlying trend is particularly sustained. Fully recyclable, light, and meeting requirements in terms of environmental and anticorrosion standards, aluminium has become a natural choice for the automotive industry. Today, aluminium is the second most used metal following steel.
Market capitalization (2-Oct-2017)
Closing share price (2-Oct-2017)