Aptiv’s 2019 net income drops 7.2% y/y to USD990 million
Company expects full-year 2020 net sales to be in the range of USD14.5 billion to USD14.9 billion
Aptiv has reported 7.2% year-over-year (y/y) decline in net income to USD990 million in the financial year ended 31 December 2019, the company said in a press release on 30 January. Net sales declined marginally by 1% y/y to USD14.4 billion. The company also recorded 13.4% y/y decline in operating income to USD1.3 billion.