Cooper Standard has recorded second-quarter net income up 0.7% to US$40.5m, with sales of US$909m.
“We continue to drive value through culture, innovation and results,” said Cooper Standard chairman and CEO, Jeffrey Edwards.
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“We are attracting and developing diverse talent, supported by our culture, launching innovations, delivering results by growing in key markets, as well as improving operational efficiency globally.”
For the first six months of 2017, the company reported net income of US$82.2m and adjusted EBITDA of US$224.8m on sales of US$1.81bn.
By comparison, the company reported net income of US$71.5m and adjusted EBITDA of US$212.1m on sales of US$1.74bn last year.
Cooper Standard, headquartered in Novi, Michigan, is a global supplier of systems and components for the automotive industry.
Products include rubber and plastic sealing, fuel and brake lines, fluid transfer hoses and anti-vibration systems.
Cooper Standard employs more than 30,000 people globally and operates in 20 countries around the world.
