Tenneco Q1 profit increases nearly sevenfold to USD47m
Adds MAN and Daimler to list of commercial vehicle customers
Higher original equipment (OE) production volumes and aftermarket sales, and stronger margins on new light and commercial vehicle launches have strengthen Tenneco’s profit margins in the first quarter (Q1) of fiscal year (FY) 2011. The company has reported net income of USD47m, which is almost seven times the net income (USD7m) it reported in the same quarter of FY 2010.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
