Cooper-Standard reports Q1 2022 net sales at USD613 million, down 8.4% y/y

Financial results

Operating loss increased to USD40.4 million for the quarter

Cooper-Standard has reported first-quarter net sales at USD613 million with a year-on-year (y/y) decrease of 8.4% compared to USD669 million in the first quarter of 2021 for the three months ended on 31 March 2022, according to a filing by the company on 5 May 2022.

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