Lear’s FY 2018 net income down 12.4% y/y to USD1.1 billion

Financial results

Company forecasts sales between USD20.9 billion and USD21.7 billion for fiscal year 2019

Lear has reported a 12.4% year-over-year (y/y) decline in net income to USD1.14 billion for the fiscal year ended 31 December 2018, the US-based supplier said in a press release on 25 January.

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