Tower International’s Q3 net income 51.7% y/y to USD22.5 million

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Financial results

Company forecasts revenue of USD2.17 billion for fiscal year 2018

Tower International has reported 51.7% year-over-year (y/y) increase in net income to USD22.58 million for the third quarter ended 30 September 2018, the US-based supplier of automotive structural metal components and assemblies said in a press release on 29 October.

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