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US: BorgWarner predicts 20-25% increase in 2008 earnings

BorgWarner has announced that it expects earnings of US$2.85 to US$3 per diluted share in 2008, translating into a growth rate of 20-25%. According to the company’s guidance, it expects a record year for sales and earnings.The company says its operating margins are likely to rise from 2007 values, and ...

BorgWarner has announced that it expects earnings of US$2.85 to US$3 per diluted share in 2008, translating into a growth rate of 20-25%. According to the company’s guidance, it expects a record year for sales and earnings.

The company says its operating margins are likely to rise from 2007 values, and …

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