US: Dana profit rises after JV sales to Getrag
Author: Graeme Roberts | 27 October 2011
Dana Holding booked Q3 2011 net income of US$110m, which included a $60m gain from the sale of interests in two joint ventures to Getrag, and adjusted EBITDA of $200m. These compared to $46m and $148m, respectively, for Q3 2010. Year-to-date net income was $148m, compared to $24m in 2010.
just-auto articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
More articles related to this one
US: Dana to close Michigan plant by end of 2013
Dana Holdings plans to close its 150-worker plant in Rochester Hills, Michigan, and shift production to two other factories.
US: Visteon names new vice president and treasurer
Visteon has announced the appointment of Robert Krakowiak as vice president and treasurer, effective immediately. He replaces Michael Lewis, who left the company "to pursue other opportunities".
US: Dana net income soars in 2011
Dana Holding has booked full year 2011 net income of US$219m, compared to $11m in 2010 on sales up 24% to $7.6bn. Earnings per share more than doubled to $1.66 from $0.79.
Market research related to this article
Dana Holding Corporation - Strategy, SWOT, and Corporate Finance Report
Datamonitors' Dana Holding Corporation’s SWOT, Strategy and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service offerings, detai...
Dana Holding Corporation - SWOT Analysis
Datamonitor's Dana Holding Corporation - SWOT Analysis company profile is the essential source for top-level company data and information. Dana Holding Corporation - SWOT Analysis examines the company’s key business structure and operations, history ...
Dana Holding Corporation (DAN) - Financial and Strategic Analysis Review
Dana Holding Corporation (Dana) is engaged in designing, manufacturing and distribution of driveshaft, axle, structural, sealing and thermal products for international vehicle manufacturers. The company also provides service parts and related service...
