Martinrea International Inc. Reports Record Revenue and Earnings in Q2 2023

Martinrea International Inc. delivered record revenue and adjusted earnings in the second quarter of 2023, as auto sector production stabilized, and the company locked in commercial settlements with automakers that eased inflationary pressures.

“We expect results to continue to improve as supply chain disruptions subside and production normalizes,” he told analysts on a conference call Aug. 9 “In the last few years, the activity and the settlements have been more pronounced given the unprecedented increase in input costs and lower production volumes.”

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Quebecor Inc. Reports Boost in Earnings Following Freedom Mobile AcquisitionQuebecor Inc. has announced a significant increase in earnings after acquiring Freedom Mobile, adding over 1.8 million customers. The company reported a 10% rise in net income and a 25% jump in revenues in the second quarter. Quebecor's entry into the national wireless market through the purchase of Freedom Mobile has positioned it as Canada's fourth national wireless provider.
Sumber: BNNBloomberg - 🏆 83. / 50 Baca lebih lajut »