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.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Adjusted EBITDA was $44.2m, down US$4.6m due to lower volume in Europe.