Strattec Security’s Q1 net income down 64% y/y to USD1.2 million

Financial results

Sales up 2.4% y/y

Strattec Security has reported a 64.1% year-on-year (y/y) decline in net income to USD1.2 million for the first quarter ended 29 September 2019, the US based vehicle access systems supplier said in a press release on 24 October.

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