Reuters: Global Markets: Martinrea's profit rises on higher auto production

Reuters: Global Markets Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Martinrea's profit rises on higher auto production Mar 20th 2012, 21:57 Tue Mar 20, 2012 5:57pm EDT (Reuters) - Canada's Martinrea International Inc (MRE.TO) posted a rise in quarterly profit, as its customers ramped up production of light vehicles in North America. For the fourth-quarter, the auto parts maker earned C$18.5 million, or 22 Canadian cents a share, compared with C$15.5 million, or 19 Canadian cents a share, a year ago. Revenue rose by about 46 percent to C$714.8 million. The company forecast first-quarter net earnings of 28 Canadian cents to 32 Canadian cents a share on revenue of C$690 million to C$710 million.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions