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US: Lear sees seating earnings slip in Q1

Lear has reported an increase in revenue in the first quarter of 2012 in both its Seating and Electrical Power Management Systems segments, but earnings and profitability declined in the former, primarily reflecting increased product and facility launch costs and higher product development costs. The company's financial outlook for 2012 remains Subscribe to Automotive World … Continued

Lear has reported an increase in revenue in the first quarter of 2012 in both its Seating and Electrical Power Management Systems segments, but earnings and profitability declined in the former, primarily reflecting increased product and facility launch costs and higher product development costs.

The company's financial outlook for 2012 remains

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https://www.automotiveworld.com/articles/93575-us-lear-sees-seating-earnings-slip-in-q1/

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