Tower International, which specialises in engineered structural metal components and assemblies for the automotive industry, booked a net loss of US$4.8m for the third quarter 2012 – equal to a year ago.
Special items adversely impacted results by $1.2m. Revenue was down 4% to $564m due to currency exchange.
Adjusted EBITDA was $44.2m, down US$4.6m due to lower volume in Europe.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Auto Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now
