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Strong Q2 furthers Lear’s expansion ambitions beyond automotive

Lear just wrapped up another strong quarter, driven in part by increased global automotive production. Sales in the second quarter rose 11% year-on-year to US$4.6bn, with core operating earnings up 23% to set a new record at US$275m. Most importantly, Lear believes it is well positioned to tap rising industry trends. It’s time to log … Continued

Lear just wrapped up another strong quarter, driven in part by increased global automotive production. Sales in the second quarter rose 11% year-on-year to US$4.6bn, with core operating earnings up 23% to set a new record at US$275m. Most importantly, Lear believes it is well positioned to tap rising industry trends.

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