USA: BorgWarner expects 2003 earnings per share in range $US6.20 to $6.35
BorgWarner expects 2003 earnings per share in a range of $US6.20 to $6.35. Company management was expected to provide this guidance on Thursday to motor industry analysts who are meeting in Detroit in conjunction with the North American International Auto Show. "We expect to deliver continued growth in 2003 from new business and increased penetration of the faster growing parts of the auto market, even if worldwide auto production is softer than in the past several years," said chairman and CEO John Fiedler. "Strong demand is expected in Europe for our more fuel-efficient engine and transmission systems, and in North America for computer-controlled four-wheel and all-wheel drive systems that enhance vehicle stability."
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable