ArvinMeritor Reports 1Q Sales Down 18%
Feb 4, 2009 2:45 PM
ArvinMeritor, Inc. today reported financial results for its first fiscal quarter ended Dec. 28, 2008, with sales from continuing operations of $1.4 billion, a decrease of approximately 18 percent from the same period last year.
The loss from continuing operations, before special items, was reported at $56 million, or $0.77 per diluted share, compared to income of $6 million, or $0.08 per diluted share, a year ago.
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