Stoneridge’s 2016 net income jumps more than threefold y/y to USD77.4 million

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Financial results

Expects sales between USD705 and USD730 million in 2017

Stoneridge’s net income increased more than threefold year-over-year (y/y) to USD77.4 million in the fiscal year ended 31 December 2016, the US-based supplier said in a press release.

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