AAM's Q3 net income up drops 25.9% y/y to USD63.8 million

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Financial results

Net sales during the quarter, however, witnessed a growth of 5.3% y/y to USD1.8 billion

American Axle & Manufacturing (AAM) has reported a fall of 25.9% year-on-year (y/y) in its net income to USD63.8 million for the third quarter ended 30 September 2018, according to a company press release on 2 November.

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