USA: BorgWarner increases Q2 sales 18%
BorgWarner has reported earnings of $US1.70 per share on an 18% sales increase to $712.4 million in the 2002 second quarter. During the quarter, the company continued to improve margins and deliver significant cash flow that enabled it to reduce debt by $29.4 million. All of the company's operating groups contributed to the record second quarter.
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