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Lear’s 2019 net income drops 34% y/y to USD753.6 million

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Financial results

Company forecasts 2020 net sales in the range of USD19.4 billion to USD20.2 billion

Lear’s net income declined 34% year over year (y/y) to USD753.6 million in the fiscal year ended 31 December 2019, the US-based automotive supplier said in a press release on 28 January

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