Allison Transmission’s net income down 87.8% y/y to USD50.5m in Q2 2013

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Financial results

Forecasts full-year 2013 adjusted EBITDA in range of USD630m to USD660m

Allison Transmission has reported an 87.8% year-on-year (y/y) decline in net income to USD50.5m in the second quarter (Q2) ended 30 June 2013 compared with USD412.8m during the same period a year ago, the company said in a press release.

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