Seating and wiring specialist Lear said fourth quarter sales rose 7% to $4.5bn with operating profit up 35% to $280m.

Operating margin rose to 6.2% from 4.9%.

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Full year sales were up 9% to $17.7bn and operating income up 25% to $1.05bn. Margin improved to 5.9% from 5.2% in 2013.

Sales in 2015 are expected to be in the range of $18.5 to $19.0bn, and core operating earnings are expected to be in the range of $1.175 to $1.225bn.

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