US: Tower reports stronger Q1 financials

Tower International has reported Q1 2011 revenue of US$599.64m, an increase of US$120.51m, or 25.2% from the US$479.13m reported in the opening three months of 2010. Excluding changes in steel pricing and exchange rates, revenue was up US$100m, or 21%. Revenue from international sales in Q1 2011 was US$336.10m, versus Subscribe to Automotive World to … Continued

• By Webmaster
• May 6, 2011