Financial News Archives - Page 3 of 32 - aftermarketNews
LKQ Announces Q4 and Full Year 2022 Results

Q4 2022 revenue was $3 billion, with parts and services organic revenue increasing 4.5% (5.9% on a per day basis).

AAM Reports Strong Cash Flow Performance in 2022

AAM’s sales for full year 2022 were $5.8 billion as compared to $5.16 billion for full year 2021.

Visteon Reports FY 2022 Results and 2023 Outlook

The company said it won $6 billion of new business in 2022, leveraging its strong, diversified product portfolio that addresses key industry trends.

O’Reilly Automotive Reports Q4, Full-Year 2022 Results 

Sales for the fourth quarter increased $353 million, or 11%, to $3.64 billion from $3.29 billion for the same period one year ago.

BorgWarner Reports Full Year 2022 Results 

The company says it expects 2023 electric vehicle sales of $1.5 billion to $1.8 billion.

Motorcar Parts of America Reports Fiscal Q3 Results

The company said approximately $52 million annualized net sales have resumed in the fourth quarter as delayed business and customer order patterns normalize.

Valvoline Reports First-Quarter Results

Sale of the Global Products business remains on track with closing expected in early calendar year 2023 with $1.6 billion of the net cash proceeds expected to be returned via share repurchases in the 18 months following close.

Holley Announces Leadership Transition and Financial Results

Tom Tomlinson retires as president and CEO.

Aptiv Reports Q4 2022 Financial Results

The company reported U.S. GAAP net income of $531 million, diluted earnings per share of $1.96.

Gentex Reports Q4, Year End 2022 Financial Results

Calendar year sales for 2022 represented the highest annual sales in company history, Gentex reported.

LIQUI MOLY Generates €800M in Sales in 2022

The company says in 2022 it was able to compensate for global challenges through its strategy and quick action. 

Superior Industries Announces Refinancing

Company’s strong financial performance and long-term earnings power attracts new capital.