Garrett Motion reports 8% YOY increase in FY 2023 net sales to $3.89 billion

Briefing
Financial results

Net income for the year dropped 33% to $261 million, while net income margin fell to 6.7% from 10.8% in the previous corresponding period

Garrett Motion posted net sales of $3.89 billion for fiscal 2023, up 8% over last year, it said in a press release dated Feb. 15.

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