Haldex’s Q1 net income down 39% y/y to USD5.9 million
Sales drop 12% y/y
Sweden-based Haldex has reported a 39% year-on-year (y/y) decline in net income to SEK48 million (USD5.9 million, 31 March 2016) for the first quarter ended 31 March 2016, according to a company press release.
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