Kiekert's profits fell DM6.8 million ($3.8 million) in the first half to DM61.1 million. The company blamed higher costs due to new product launches and higher depreciation.
Sales were up DM9 million to DM474 million. Sales of door modules grew 13.9 percent to DM109 million.
Kiekert Chairman Werner Sterzenbach announced three new development contracts for door modules. The modules include locking system, window regulator, airbag sensor, loud speaker and the adjuster for side mirror, mounted on a carrier plate. They do not include interior or exterior door panels.
The customers are Proton, Fiat and an unnamed German company. All the vehicles have volumes of 200,000-400,000 units a year.
Kiekert has not had a contract with Fiat before. It will work on the project with its long-term Italian partner, Roltra Morse. Roltra Morse was bought by Magna in early 1998.