USA: Delco-Remy posts first half operating loss
Automotive electrical and drivetrain/powertrain products maker Delco Remy International reported net sales of $US272.1 million and operating income of $26.6 million for the second quarter of 2003. Compared to the second quarter of 2002, this represents a sales increase of $2.2 million, or 0.8% and operating income improvement of $5.1 million, or 23.7%.
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