UPDATE 1-Martinrea posts narrower Q4 loss

Newswire

* Q4 net loss C$5.4 mln vs C$286.5 mln * Q4 adj EPS C$0.10 VS est C$0.14 * Q4 rev up 10 pct to C$396 mln * Says expects gross margins to improve in Q1 March 23 (Reuters) - Canadian auto parts maker Martinrea International Inc posted a narrower fourth quarter loss on lower charges, and said it expected gross margins to improve in the first quarter. The company posted a net loss of C$5.4 million, compared with a net loss of C$286.5 million a year ago. It took charges of C$17.8 ...

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