ZF FY 2020 sales declines by 10.7% y/y to USD40 billion

Financial results

German supplier expects FY 2021 sales in the range of EUR37 billion to EUR39 billion

ZF has reported 10.7% year-over-year (y/y) decline in sales to EUR32.6 billion (USD40 billion) in the financial year ended 31 December 2020, the Germany-based automotive supplier said in a press release on 19 March.

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