Tower Automotive reports net sales of US$712.55m for the third quarter of 2005
Net loss increased to US$76.56m compared to US$20.22m in the third quarter of 2004
Tower Automotive released its financial information for its third quarter ended 30 September 2005. The company had net sales of US$712.66m in the third quarter of 2005 compared to US$722.33m in the third quarter of 2004. Net loss was US$76.56m compared to US$20.22m in the third quarter of 2004 and operating loss in the third quarter of 2005 was US$49.83m compared to operating loss of US$3.14m in the corresponding period of previous year.
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