ZF’s H1 net income up 36% y/y to USD581 million

News
Financial results

Company forecasts full year sales to cross EUR36 billion

ZF’s net income increased 35.7% year-over-year (y/y) to EUR509 million (USD580.7 million as on 30 June 2017) in the first half ended 30 June 2017, as sales improved 2.7% y/y to EUR18.3 billion, according to a press release by the Germany-based automotive supplier on 3 August.

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