Meritor’s Q1 net income down 42.3% y/y to USD15 million
Expects full year revenues in the range of USD3 billion to USD3.1 billion
US-based Meritor reported a 42.3% year-on-year (y/y) decline in net income to USD15 million in the first quarter ended 31 December 2016, the company said in a press release.
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