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.
Generates Net Income Attributable to Meritor of $551 Million for Full Year
Achieves 10.2 Percent Adjusted EBITDA Margin for Full Year
TROY, Mich., Nov. 16, 2016 /PRNewswire/ -- Meritor, Inc. (NYSE:MTOR) today reported financial results for its fourth quarter and full fiscal year ended Sept. 30, 2016.
Sales were $728 million.
Net income attributable to Meritor and net income from continuing operations attributable to Meritor were each $452 million.