GILLINGHAM, England – Delphi Automotive has reported second quarter 2014 U.S. GAAP earnings of $1.26 per diluted share. Excluding special items, second quarter earnings increased 15 percent to $1.42 per diluted share.
 
“Continued outstanding operating performance drove our second quarter financial results to a new quarterly record for the company," said Rodney O’Neal, CEO and president. "We remain focused on achieving our key objectives for the year and enhancing shareholder value."
 
The company reported second quarter 2014 revenue of $4.5 billion, an increase of 5 percent from the prior year period, reflecting strong growth in Asia and North America. Adjusted for the impacts of currency exchange, commodity movements, acquisitions and divestitures, revenue increased by 3 percent in the second quarter. This reflects growth of 13 percent in Asia, 7 percent in North America and flat performance in Europe, partially offset by a decline of 24 percent in South America.
 
Year-to-Date 2014 Results
For the six months ended June 30, 2014, the company reported revenue of $8.7 billion, an increase of 6 percent from the prior year period, reflecting continued growth in Asia and North America. Adjusted for the impacts of currency exchange, commodity movements, acquisitions and divestitures, revenue increased by 5 percent during the period. This reflects growth of 13 percent in Asia, 8 percent in North America and 1 percent in Europe, partially offset by a decline of 16 percent in South America.