Loading…
Thursday, April 24, 2014
Current Weather
Loading Current Weather....
Published: Thursday, 2/20/2014

Sales up slightly for Dana Holding Corp. in 4th quarter

BLADE STAFF

Sales rose slightly for Dana Holding Corp. in the fourth quarter to $1.62 billion on stronger demand from light and commercial vehicle customers. 

Dana's net income fell to $42 million from $88 million in 2012; however, the 2012 results included a one-time tax benefit of $54 million. Dana's fourth quarter earnings translated to 23 cents per share, down from 41 cents per share in the fourth quarter of 2012.

Shares of the company's stock opened the day up 3 percent and in early trading were up as much as 6 percent. 

For the year, Dana said net sales were $6.8 billion, down from $7.2 billion in 2012.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories




Poll