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Lear Corp: heavy quarterly losses
(CercleFinance.com) - Lear Corp.
has reported an adjusted net loss of 249 million dollars for Q2 2020, or -4.14 dollars per share, compared to EPS of 3.78 dollars a year ago, for revenues that halved (-51%) to 2.44 billion dollars. The automotive supplier points out that the Covid-19 pandemic has led to unprecedented prolonged closures in global vehicle production, which it says has fallen by 46% year-on-year. Copyright (c) 2020 CercleFinance.com. All rights reserved. |
19/04/2024 17:30
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