Friday, 23 March 2018

ZF profit gets earnings boost from transmission sales to fund investments

ZF said randd costs for electric- and autonomous-car technologies would remain high after it posted a 4.5 percent rise in adjusted earnings before interest and tax (EBIT) for 2017, boosted by transmission sales.

source http://europe.autonews.com/article/20180323/ANE/180329823/zf-profit-gets-earnings-boost-from-transmission-sales-to-fund

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