US EditionAmerican Axle revenue, profit climb in first quarter
3 Articles
3 Articles
Coca-Cola Embonor reported an increase in sales and profits in the first three months of this year, compared to the same period in 2023, as detailed to the Financial Market Commission (CMF). The company's revenues rose 12.5% to US$ 358 million. EBITDA grew by 9.3% in the first quarter and amounted to $56,921 million in the period. In terms of profits, these increased by 1.4% to $31,309 million. “During the first quarter, we achieved positive res…
American Axle revenue, profit climb in first quarter
American Axle & Manufacturing Holdings Inc. increased revenue and profit in the first quarter thanks to steadier production from its customers. The automotive supplier saw year-over-year revenue growth of 7 percent to $1.6 billion during the period, with adjusted earnings of $205.6 million, up 18 percent. Net income swung to a $20.5 million gain from a $5.1 million deficit in the same period last year.
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