Cooper Standard’s FY 2020 sales drop 23.6% y/y to USD2.38 billion

Financial results

For 2020, net new business awards totaled USD190 million in anticipated future annualized sales

Cooper Standard’s net sales declined 23.6% year on year (y/y) to USD2.38 billion in the fiscal year ended 31 December 2020, the US-based automotive supplier said in a press release on 17 February

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