News

Record quarterly profit for Lear

27/04/2015

Automotive seating manufacturer and Eagle Ottawa-owner Lear Corporation has reported record profits for the first quarter.  Its sales of $4.5 billion were 4% from a year ago, while its $294 million profit was its best quarterly earnings, 21% higher than the equivalent period last year. CEO Matt Simoncini said: "Our balanced strategy of...

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