Q2 2019 company results

Nvidia reports Q2 2019 revenue at US$2.58bn

Nvidia has reported revenue for the second quarter ended 28 July 2019, of US$2.58bn compared with US$3.12bn a year earlier…

China XD Plastics boosts Q2 operating and net profit

China XD Plastics, supplier of polymer composite materials primarily for automotive applications, said second quarter 2019 revenue was US$463.1m, an increase…

First half industry slowdown hits Nexteer results

Steering specialist Nexteer Automotive said it faced challenges during the first half of 2019, including slowing OEM light vehicle production…

Schaeffler Q2 revenue down 1% to EUR3.6bn

Schaeffler has posted second-quarter revenue marginally down 1% to EUR3.6bn (US$4bn), with EBIT falling to EUR253m from EUR382m. "The market environment…

Magna reports tougher second quarter

Magna International said results came in slightly ahead of its expectations in the second quarter of 2019, driven by body…

CAAS sees Q2 slump as consumer spending and economy slow

China Automotive Systems (CAAS), a power steering components and systems supplier in China, said second quarter net sales fell 15.9%…

Tenneco Q2 net income down 45% to US$26m

Tenneco has reported second-quarter net income down 45% to US$26m, with revenue of US$4.5bn, which includes US$1.9bn from acquisitions. Second-quarter…

Continental Q2 net income down 41% to EUR485m

Continental has posted second-quarter net income attributable to the shareholders of the parent down 41% to EUR484.8m (US$544m). Consolidated sales…

Volkswagen boosts Porsche SE profit

After tax profit at Porsche SE was EUR2.38bn in the first six months of 2019 compared to EUR1.90bn a year ago.…

Novelis Q1 FY2020 sales down 6% to US$2.9bn

Novelis has reported first-quarter net income attributable to its common shareholder of US$127m for the first quarter of fiscal year…