Stoneridge’s 2017 net income drops 41.7% y/y to USD45.2 million despite higher sales
Company expects net sales between USD840 million to USD860 million for full year 2018
Stoneridge’s net income dropped 41.7% year-over-year (y/y) to USD45.2 million in the fiscal year ended 31 December 2017, the US-based automotive electricals and electronics supplier said in a press release yesterday (28 February).
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