Lear Corporation reports Q1 2022 financial results.
M2 EQUITYBITES-May 4, 2022--Lear Corporation reports Q1 2022 financial results
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Auto Business News - 04 May 2022
Lear Corporation (NYSE: LEA), a US-based global automotive technology company in Seating and E-Systems, has reported its financial results for the first quarter of 2022.
The company reported sales at USD5.2bn in the first quarter of 2022, down 3 percent compared to USD5.4bn in the first quarter of 2021.
The firm posted net income of USD49m and adjusted net income of USD108m in the first quarter of 2022 against USD204m and USD226m respectively in the year-ago period.
The company...
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