Lear reports Q2 2022 financial results.
Auto Business News-August 3, 2022--Lear reports Q2 2022 financial results
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Auto Business News - 03 August 2022
Lear Corporation, a US-based seating and e-systems supplier, has reported its financial results for the second quarter of 2022.
The company reported sales at USD5.1bn for the second quarter of 2022, up 7 percent compared to the year-ago period.
The firm posted net income of USD69m and adjusted net income of USD107m for the second quarter of 2022, compared to USD175m and USD148m respectively for the same period in 2021.
The company reported a decrease in core operating earnings to USD187m in the second quarter of 2022 compared to...
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