Meritor, Inc. focuses on maintaining market leadership positions. Those positions drive consistent top-line growth, which, along with process excellence, allows the company to achieve aggressive financial goals. These goals drive superior performance and build shareowner value.
Achieves Adjusted EBITDA Margin of 9.9 Percent
Generates Net Income from Continuing Operations Attributable to Meritor of $33 Million
TROY, Mich., May 4, 2016 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its second fiscal quarter ended March 31, 2016.
Sales were $821 million, down $43 million, or approximately 5 percent, from the same period last year.
Net income attributable to Meritor from continuing operations on a ...
William R. Newlin Appointed Non-Executive Chairman of the Board
TROY, Mich., April 21, 2016 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced that Ivor J. "Ike" Evans has informed the company that he intends to step down from his position as Executive Chairman of the Board, effective immediately. Evans will continue to serve as a director of the company.
"My decision to step down reflects the successful planned transition to new leadership. It has been a privilege to serve Meritor...
TROY, Mich., April 12, 2016 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) will host a conference call and webcast to discuss the company's second-quarter results for fiscal year 2016 on Wednesday, May 4 at 10 a.m. ET.
To participate, call (503) 343-6062 at least 10 minutes prior to the start of the call. Please reference passcode 90728042 when registering. Investors can also listen to the conference call in real time or access a recording of the call for seven days after the event by visiting th...