US EditionMartinrea International reports $38M in Q2 profit, down from last year
- Martinrea International Inc. reported a profit of $38 million in the second quarter, decreasing from $40.97 million last year.
- The company noted diluted net earnings per share of 52 cents and adjusted net earnings per share of 66 cents for the period.
- Total sales for the quarter were $1.27 billion, down from $1.3 billion a year earlier.
- CEO Pat D'Eramo stated that the company's exposure to tariffs is manageable, highlighting that USMCA-compliant auto parts being exempt from tariffs is a positive, although some items still face tariffs.
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17 Articles
17 Articles
Winnipeg Free Press+16 Reposted by 16 other sources
Martinrea International reports $38M in Q2 profit, down from last year
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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Total News Sources17
Leaning Left10Leaning Right0Center2Last UpdatedBias Distribution83% Left
Bias Distribution
- 83% of the sources lean Left
83% Left
L 83%
C 17%
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