McLaren Group (McLaren)
General
McLaren Group is a manufacturer of luxury automobiles, and a Formula One racing team, tracing its history back 50 years. Its two primary business segments are McLaren Automotive (MAL- 70% of sales) and McLaren Technology Group (MTG- 30%). MAL is currently in expansion mode, doubling production in 2016 to 3,300 vehicles and aims to reach 5,000 units by ’22. After launching the new 720s & implementation of a new SAP system in 1Q17, peak capital investment is in the rearview, and costs per vehicle should decline and reach trough levels in ’22. MTG houses the F1 racing team which has underperformed due to using Honda’s engines, along with a Technology segment which provides data analytics to customers like Siemens, Eurostar and Bombardier.
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Reports are not available
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