Transport Topics Online
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
1/11/2012 4:00:00 PM Write a Letter to the Editor Write a letter to the Editor

Dana Estimates Stronger 2011 Earnings, Sales

Dana Holding Corp. estimated its adjusted 2011 earnings will be higher than the previous year, and that its 2012 sales will be at least 5% over 2011.

Adjusted earnings before interest, taxes, depreciation and amortization will be $765 million,  Dana said Tuesday, up from a comparable EBITDA of $553 million in 2010.

Sales for 2011 will be about 25% over 2010, reaching $7.6 billion, the truck axle and auto components maker said.

Adjusted earnings per share for 2011 will be about $1.60, the company said, revising an October forecast of $1.65 of $1.70 per share, the Associated Press reported.

For 2012, Dana projects adjusted EBITDA of $845 million to $865 million, with adjusted earnings per share of $1.95 to $2.05.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2012, Transport Topics Publishing Group. All rights reserved.


  RELATED ARTICLES

 
LATEST NEWS



 
LATEST JOBS
Follow Us

Newsletters

TTExpress
This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.

Services

Advertising




© American Trucking Associations, Inc., All Rights Reserved TTNews.com Privacy Statement