Free Historical Stock Data on Lear Corp
Stock Symbol: LEA
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Business Description
Lear Corporation is an automotive interior systems supplier. It has capabilities in all five principal segments of the automotive interior market: seat systems, flooring and acoustic systems, door panels, instrument panels and cockpit systems, and overhead systems. The Company is also a global supplier of automotive electronic and electrical distribution systems. As a result of these capabilities, Lear can offer its customers fully integrated automotive interiors, including electronic and electrical distribution systems. As a total interior integrator, the Company works closely with the customer on the design and is responsible for the engineering, component/module sourcing, manufacturing and delivery of automotive interiors. The Company's customers include automotive manufacturers such as General Motors, Ford, DaimlerChrysler, BMW, Fiat, PSA, Volkswagen, Renault/Nissan, Toyota and Subaru.
Financial Information
For the nine months ended 10/2/04, revenues increased 10% to $12.67 billion. Net income increased 21% to $299.2 million. Revenues reflect favorable currency exchange rates. Earnings also reflect decreased interest expenses.
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