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Friday, April 24, 2015
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Maumee-based Dana profits double to $63M in 1Q
Dana Holding Corp. saw profits double in first quarter, even as currency challenges and a weak South American market ate away at sales revenue. The Maumee-based auto parts supplier on Thursday reported a first-quarter profit of $63 million, or 38 cents per share. Dana had a profit of $31 million, or 19 cents per share, in last year’s first quarter. The company’s earnings beat analysts’ expectations.
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