Lear reports record Q3 earnings

Increases 2015 financial outlook

Lear Corporation, a tier one supplier of automotive seating and electrical distribution systems, today reported financial results for the third quarter in which continued to deliver record financial results. For the third quarter of 2015, Lear reported sales of $4.3 billion, core operating earnings of $320 million, net income of $181 million and adjusted earnings per share of $2.56. This compares with sales of $4.2 billion, core operating earnings of $251 million, net income of $140 million and adjusted earnings per share of $1.93 for the third quarter of 2014.