Cooper Standard Reports Fourth Quarter, Full Year 2014 Financial Results
NOVI, Mich. – Cooper-Standard Holdings, parent company of Cooper Standard Automotive, has announced financial results for the fourth quarter and full year ended Dec. 31, 2014. The company also provided guidance for full year 2015. “Our sales increased by five percent for the year, with improved operating profit. We also continued to execute our profitable
Remy International Announces Fourth Quarter, Full Year 2014 Results
PENDLETON, Ind. – Remy International announced its financial results for the fourth quarter and full year ended Dec. 31, 2014. The company reported net sales of $281.4 million for the fourth quarter of 2014, a decrease of 5 percent compared to $297.2 million for the fourth quarter of 2013. Remy reported adjusted EBITDA of $33.8
Dana Announces Fourth-Quarter, Full-Year 2014 Financial Results
MAUMEE, Ohio – Dana Holding Corp. has announced its fourth-quarter and full-year results for 2014. Sales for the fourth-quarter of 2014 totaled $1.58 billion, compared with $1.62 billion for the same period a year ago, with unfavorable currency lowering sales by $106 million. Adjusting for the effects of currency, sales increased $64 million or 4
Dorman Products Reports Fourth Quarter, Full Year Sales And Earnings
COLMAR, Pa. – Dorman Products announced sales for the fourth quarter ended Dec. 27, 2014, of $174 million, an increase of 2 percent from $169.8 million in the fourth quarter of 2013. The sales growth rate in the fourth quarter would have been 9 percent when adjusted for previously announced pre-enterprise resource planning (ERP) system
Genuine Parts Co. Reports Fourth Quarter And Full Year Results For 2014
ATLANTA, Ga. – Genuine Parts Co. (GPC) has announced its fourth quarter results and record sales and earnings for the year ended Dec. 31, 2014. Sales in the fourth quarter increased 9 percent to $3.8 billion, compared to sales of $3.5 billion for the same period in 2013. Net income in the fourth quarter was
TRW Reports Fourth Quarter, Full-Year 2014 Financial Results
LIVONIA, Mich. – TRW Automotive Holdings Corp. has reported fourth quarter 2014 financial results with sales of $4.3 billion, a decrease of 3 percent compared to the prior year period. The company reported GAAP fourth quarter net losses of $360 million or $3.22 per share, which compares to net earnings of $363 million or $3
Uni-Select Reports ‘Solid’ Quarter And Year
BOUCHERVILLE, Quebec – Uni-Select Inc. has announced solid EBITDA, EBITDA margin and net earnings growth for the fourth quarter and the fiscal year ended Dec. 31, 2014. Overall sales grew by 0.4 percent or 1.3 percent organically for the quarter. EBITDA grew by 37.6 percent, while net earnings increased by 11.4 percent in the fourth
Advance Auto Parts Reports Fourth Quarter Fiscal 2014 Results
ROANOKE, Va. – Advance Auto Parts has announced its financial results for the fourth quarter ended Jan. 3, 2015. Fourth quarter comparable cash earnings per diluted share (Comparable Cash EPS) were $1.37, an increase of 46 percent versus the fourth quarter last year. These fourth-quarter comparable results exclude 8 cents of amortization of acquired intangible
Latest Northwood University Economic Outlook Examines 2015 ‘Index of Economic Freedom’ Results
MIDLAND, Mich. – U.S. gross domestic product (GDP) for the final quarter of 2014 came out at a “disappointing” growth rate of 2.6 percent, one that missed the predicted target of 3.2 percent. This gave pause to economists such as Timothy Nash, author of the “Monthly Economic Outlook: Northwood University Economic Outlook February 2015” released
Uni-Select Enters Into Agreement to Sell US Automotive Parts Distribution Activities for US$340 Million
Uni-Select Inc., a major automotive aftermarket parts and paint products distributor with activities across North America, today announced that it has entered into an agreement for the sale of substantially all of the assets of Uni-Select USA, Inc. and Beck/Arnley Worldparts, Inc. to an affiliate of Icahn Enterprises L.P. at a purchase price of approximately $340 million, subject to adjustments based on the net tangible book value of assets sold at closing.
MPA Reports Fiscal 2015 Third Quarter, Nine-Month Results
LOS ANGELES – Motorcar Parts of America (MPA) has reported results for its fiscal 2015 third quarter ended Dec. 31, 2014, reflecting continued sales growth and profitability. Net sales for the fiscal 2015 third quarter increased 28.1 percent to $84 million from $65.6 million for the same period a year earlier. On an adjusted basis,
DENSO Announces Third Quarter Financial Results
KARIYA, Japan – DENSO Corp. has announced its third quarter global financial results for the nine months ending Dec. 31, 2014. Consolidated net sales totaled $26.2 billion, a 4.8 percent increase from the previous year. Consolidated operating income totaled $2.1 billion, an 11.9 percent decrease from the previous year. Consolidated net income totaled $1.6 billion,
