Financial News Archives - Page 32 of 32 - aftermarketNews
Timken Reports Fourth-Quarter, Full-Year 2016 Results, Provides 2017 Outlook

In the fourth quarter, Timken posted net income of $24.1 million or 31 cents per diluted share, versus a net loss of $(35.7) million or $(44 cents) per basic share for the same period a year ago.

Motorcar Parts Of America Reports Record Fiscal 2017 Third Quarter Results

Net sales for the fiscal 2017 third quarter were $112.6 million compared with $94 million for the same period a year earlier.

Uni-Select Reports Double-Digit Growth For Fourth Quarter, Full-Year 2016

Consolidated sales for the fourth quarter were $291 million, a 12.3 percent increase, mainly driven by the sales generated from recent business acquisitions, for the most part in the US, representing an increase of 15.3 percent.

Tenneco Reports 4th Quarter And Full-Year 2016 Results

For the full year, total revenue was $8.599 billion. In constant currency, revenue increased 7 percent to $8.819 billion.

MANN+HUMMEL Presents Preliminary Figures For 2016

The company has reported sales revenue of 3.5 billion euros (approx. $3.7 billion USD) in the financial year of 2016, meeting its forecast from July 2016. The Affinia Group, which the company acquired in May 2016, contributed approximately 500 million euros (approx. $538 million USD) to the sales revenue of the MANN+HUMMEL group.

ITW Reports Fourth-Quarter And Full-Year 2016 Results

Total revenue was $3.4 billion, an increase of 4 percent; and the company’s organic growth was 2 percent.

Lear Reports Record 2016 Results

For the full year 2016, Lear reported record sales of $18.6 billion, up 2 percent from a year ago; up 5 percent excluding the impact of foreign exchange and commodity prices.

Auto Care Careers Internship Scholarships Available

The scholarships, up to a maximum of $2,500 per intern, can be used to help offset the costs of travel to and from students’ permanent address to the internship location, as well as lodging, utilities and food consumed during the internship period.