Higher sales and lower earnings in final quarter of 2013 for Lear

摘要

Southfield, Michigan - Lear Corp's automotive seating sales rose by 14% to $3.1 bn (?2.3bn) in the final quarter of 2013 compared to the previous year. Adjusted segment earnings dropped 6.8% - almost $45m -over the same period due to the "impact of key program changeo-vers and unfavourable performance in South America," said a company press release. Full year results also showed a sales increase in seating with net sales of $12bn in the segment - 9% higher than 2012. Lower adjusted earnings - 4.5% lower or $7m -were also reported in the year's final quarter.