Menu

Cooper Standard reports 2.1% y/y increase in sales to USD669 million in Q1 2021

News
Financial results

Net loss narrowed by 69.4% y/y to USD33.9 million

Cooper Standard’s net sales increased 2.1% year on year (y/y) to USD669.0 million in the first quarter (ended 31 March 2021), the US-based automotive supplier said in a press release on 6 May. The company reported a lower net loss of USD33.9 million, compared with a net loss of USD110.6 million in the first quarter of 2020.

Thank you for visiting IHS Markit AutoTechInsight.

*A subscription to News & Analysis includes four IHS Markit-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Services. Please click here to subscribe.

For a free daily listing of headlines with limited access please sign up here.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload