Dana reports Q1 2022 sales at USD2.48 billion, up 10% y/y

Financial results

External factors such as supply chain disruptions and inflation continue to put pressure on the margins and the free cash flow

Global supplier of powertrain components and electric drives Dana Incorporated has reported Q1 FY2022 sales at USD2.48 billion, compared with USD2.26 billion in Q1 FY2021, recording a y/y growth of 10%, the company said on 27 April 2022.

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