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Lear Corporation reports 2014 growth

30/01/2015
Automotive seating manufacturer Lear Corporation has announced sales revenues of $17.7 billion for 2014, a 9% increase year on year. Lear’s earnings on this figure were just over $1 billion, an increase of 25% compared to the figure for 2013.

The company announced the acquisition of automotive leather group Eagle Ottawa in August 2014. At the time of announcing the company’s 2014 results, chief executive, Matt Simoncini, said the acquisition of Eagle Ottawa positioned Lear to take advantage of industry growth and major industry trends.

It said it has already begun to integrate Eagle Ottawa into its operations.


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Lear opens leather cutting plant in Hungary 22/04/2016
Magna expands in China 16/03/2016
‘Differentiated’ Lear reports record 2015 sales 01/02/2016
Eagle Ottawa provides advantage for confident Lear 23/10/2015
Eagle Ottawa purchase a great addition, says Lear 27/07/2015
Lear to open Macedonian leather seat plant to serve European auto groups 20/05/2015
Record quarterly profit for Lear 27/04/2015

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