Meritor has reaffirmed recent fiscal year 2012 guidance, forecasting continuing operations revenue at about US$4.8bn.

Adjusted EBITDA margin has been pegged in the range of 8.2% to 8.6%, adjusted income at $105m to $135m and earnings per share at $1.08 to $1.39.

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“We are executing on our 2012 priorities and key initiatives and that execution is expected to generate approximately one percentage point improvement in our second fiscal quarter EBITDA margin versus our first fiscal quarter,” said Chip McClure, chairman, CEO and president.

“Our market volume outlook remains positive and, while there could be some changes between the regions, we do not expect these changes to significantly impact our overall fiscal year 2012 revenue guidance.”

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