Lear’s Q4 2016 net income drops 2.7% y/y to USD229.9 million

Financial results

Company expects higher sales and core operating earnings this year

Lear has reported 2.7% year-over-year (y/y) decline in net income to USD229.9 million in the fourth quarter ended 31 December 2016, the US-based supplier said in a press release on 26 January.

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