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ArvinMeritor Earnings Up $114 Million Year-Over-Year

Published Tuesday, July 29, 2008

ArvinMeritor, Inc. today reported financial results for its third quarter ended June 30, 2008, with net income of $44 million, or $0.60 per diluted share, compared to a net loss of $70 million, or $0.99 per diluted share, in the third quarter of fiscal year 2007. Sales were $2 billion - approximately $340 million higher than the same period last year. Income from continuing operations, before special items, was $56 million, or $0.77 per diluted share, compared to $18 million, or $0.25 per diluted share, one year ago. Cash flow from operations, net of capital expenditures, ...

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