Supplier TRW posts smaller profit; 'cautious' on Europe

Newswire

DETROIT, July 31 (Reuters) - TRW Automotive Holdings Corp made a smaller profit in the second quarter due to higher taxes and raw material costs as well as expenses tied to the company's growth plans. The automotive parts supplier posted a net income of $220 million, or $1.71 per share, compared with $293 million, or $2.21 per share a year earlier. Excluding one-time items, TRW reported a profit of $1.72 per share. Revenue rose slightly to $4.24 billion from ...

Premium Content (PAID Subscription Required)

"Supplier TRW posts smaller profit; 'cautious' on Europe" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

Nov 21, 2016
Video
WardsAuto

2017 Wards 10 Best Engines: Less Is More With Four

Fun-to-drive is a key 10 Best Engines measure when it comes to small-displacement, high-performance four-bangers....More

Newswire

Diesels Power Profit Gains by VW's Lending Unit  

Volkswagen Financial Services cites increased demand for diesel cars in upgrading its projected 2016 profit from €1.92 billion to a record €2.1 billion....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×