May 18, 2024

BorgWarner's net sales increased 1% in 2012 Net profit fell 9%

In January 2013, BorgWarner Group announced that its net sales in 2012 reached US$7.18 billion, an increase of 1% year-on-year; net sales in the fourth quarter of 2012 decreased by 3% year-on-year to US$1.72 billion.

The 2012 net profit of BorgWarner totaled 500 million U.S. dollars, which was 8.9% lower than the 550 million U.S. dollars in 2011. In the fourth quarter of last year, the net profit reached 121 million U.S. dollars, which was 0.8% lower than the 122 million U.S. dollars in the same period in 2011.

Among all business units, BorgWarner's engine business unit net sales reached US$1.17 billion in the fourth quarter, down 6.3% year-on-year; adjusted EBIT in the fourth quarter fell 10% year-on-year to US$182 million. In the fourth quarter, net sales of powertrain business were US$559 million, a year-on-year increase of 4.7%; adjusted EBIT was up 5% to US$49 million.

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