Lear Reports Record 2nd Quarter 2017 Sales And Earnings, Increases Full Year Financial Outlook
Sales in the second quarter increased 8 percent to $5.1 billion. Excluding the impact of foreign exchange, sales were up 10 percent, with growth in all regions.
Lear Reports Record First Quarter 2017 Results
Sales in the first quarter increased 7 percent to $5 billion.
Lear Corp. Selected By Wyoming Department Of Transportation For Connected Vehicle Pilot Program
Wyoming is one of the U.S. Department of Transportation’s pilot sites for connected vehicles, with a focus on trucking and highway driving in adverse weather conditions.
Lear Increases Share Repurchase Authorization To $1B
In addition, the board increased the quarterly cash dividend by 67 percent on the company’s common stock – from 30 cents per share to 50 cents per share.
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.