US: Visteon Q3 results back in the black
Author: Graeme Roberts | 4 November 2011
Tier one supplier Visteon was back in the black in the third quarter of 2011, reporting net income of US$41m, or 79 cents a share, on sales of up about 20% to $2.04bn. That contrasted with the net loss of $140m on sales of $1.70bn booked in the third quarter of 2010. Adjusted Q3 EBITDAwas $166m versus $149m in 2010.
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