US: BorgWarner raises 2011 guidance

BorgWarner has reported significant year-on-year improvements in its Q2 financial performance, including operating income and net earnings growth of 94.6% and 95.6%, respectively. On the back of these gains, the company has raised its 2011 earnings guidance range, excluding non-recurring items, to US$4.25 to US$4.45 per diluted share from US$3.85 Subscribe to Automotive World to … Continued

• By Webmaster
• July 28, 2011