Lear reports FY 2021 net sales at USD19.3 billion, up 13% y/y

Financial results

Sales decreased 7% to USD4.9 billion in the fourth quarter of 2020 reflecting global semiconductor shortage

Seating and E-Systems company Lear Corporation reports fiscal year (FY) net sales of USD19.3 billion with a 13% increase and full year ended 31 December 2021, according to a filing by the company on 8 February.

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