Stoneridge Q2 net income up 66% y/y to USD11.6 million on higher sales
Strong growth in Control Devices drives company’s performance in second quarter
Stoneridge reported a 65.8% year-over-year (y/y) increase in net income to USD11.6 million in the second quarter ended 30 June 2016 driven by a 13.1% y/y growth in net sales to USD186.9 million, the company said in a press release.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
