Nexteer’s H1 net income rises 11.1% y/y to USD200 million

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Financial results

Backlog grows to USD24.9 billion, up 4.2% over the end of 2017

Nexteer Automotive has reported 11.1% year-over-year (y/y) increase in net income to USD200 million in for the first half ended 30 June 2018, the US-based company said in a press release on 14 August.

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