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1/18/2013 8:30:00 AM Write a Letter to the Editor Write a letter to the Editor

Dana, American Axle Preview 2012 Revenue

Two trucking industry component suppliers disclosed their preliminary 2012 results this week.

Dana Holding Corp. said its 2012 revenue would be about $7.2 billion, a 5% reduction, and that earnings before interest, taxes, depreciation and amortization would be about $780 million, a 2% improvement over 2011. The figure excludes effects such as gains and charges.

Dana, Maumee, Ohio, is scheduled to release its earnings on Feb. 21.

American Axle & Manufacturing said it expects to report 2012 revenue of $2.9 billion and that EBITDA would be $350 million, before one-time gains and charges.

Those amounts represent a 12% revenue increase and a 9% drop in profitability. American Axle, Detroit, is scheduled to release its earnings on Feb. 8.

Both companies disclosed the information during an investor conference.

By Transport Topics

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