Nexteer’s FY 2018 net profit up 7.9% y/y to USD380 million

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Financial results

Backlog grows 5.4% y/y to USD25.2 billion

Nexteer Automotive has reported a 7.9% year-over-year (y/y) increase in net income to USD380 million for the fiscal year ended 31 December 2018, the US-based company said in a press release on 12 March

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