Nicolas Correa, S.A.
9.72
EUR
0.00
(0.00%)
ISIN
ES0166300212
Return %
Stock
S&P 500
1Y
-3.28
14.20
3Y
66.15
81.12
5Y
62.00
68.34
Capital Structure
EUR
•
in mil. unless spec.Working Capital
EUR
•
in mil. unless spec.Growth Rates
EUR
•
in mil. unless spec.Semi-annual Revenue
EUR
•
in mil. unless spec.Semi-annual Earnings Per Share
EUR
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in mil. unless spec.Semi-annual Dividends Per Share
EUR
•
in mil. unless spec.Company Description
- CEO
- Maria Carmen Pinto Fuentes
- Full Time Employees
- 467
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Calle Alcalde Martín Cobos 16A Burgos CL Spain 09007
- IPO Date
- Jul 12, 1999
- Website
- nicolascorrea.com
- Similar Companies
- Business
- Nicolás Correa, S.A. is a Spain-based multinational company specializing in the design, manufacture, and sale of CNC milling machines. The company's product portfolio includes a wide range of milling solutions such as bed type machines, travelling column machines, gantry type machines, floor type machines with T-shaped configurations, bridge type machines, and moving table milling machines. It also offers multitasking machines combining milling and turning functionalities, express delivery machines, and milling heads. Nicolás Correa provides engineering applications and after-sales services supporting sectors including aeronautics, automotive, railway, wind energy, capital goods, energy, general machining, and oil and gas. The company designs and manufactures all its products in Spain, and its solutions are deployed in demanding industrial environments globally, including markets in Europe, Asia, and the Americas. Founded in 1947, Nicolás Correa is headquartered in Burgos, Spain. Recent strategic developments include the inauguration of a new commercial subsidiary in Pune, India, expanding its international commercial footprint. Nicolás Correa completed the acquisition of an 88% stake in Nc Service Milling Machines in 2022, significantly enhancing its after-sales and refurbishment capabilities. The company continues to innovate in machining technology with its recent launch of machines featuring automatic robotic tool changers, automatic pallet changers, and advanced pallet changing systems across its product ranges. In 2024, the Correa Group achieved record financial performance with revenues of 121 million euros and pre-tax profits of 17 million euros, reflecting an 11% growth in turnover and a 34% increase in results. The company is actively investing in expanding and modernizing its production facilities to support growth and continued innovation. Nicolás Correa operates through a network of industrial subsidiaries focused on machine welded structures and related metal parts manufacturing, reinforcing vertical integration and synergy within the company. The company has a strong export orientation, with about 90% of its production sold to 17 different countries, underscoring its global market presence. Nicolás Correa has been listed on the Madrid Stock Exchange since 1989 and maintains a solid position as a leading supplier of advanced milling solutions worldwide. This comprehensive product offering, strategic acquisitions, and sustained investment in research and production capacity position Nicolás Correa as a key player in the industrial milling machine sector internationally. The company's ongoing innovations in automation and multitasking machining technology cater to the evolving needs of multiple high-demand industries.