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Delphi’s 4Q Income Jumps 47%
Net income for Delphi Automotive plc’s continuing operations climbed to $281 million in the final quarter last year from $192 million in the same period of 2015.
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Net income for Delphi Automotive plc’s continuing operations climbed to $281 million in the final quarter last year from $192 million in the same period of 2015. Adjusted revenue rose 10% to $4.3 billion.
Full-year adjusted revenue for the U.K.-based supplier of vehicle electronics climbed 8% to $16.7 billion. Adjusted net income grew 15% to $1.7 billion.
Delphi says it expects increases this year of no more than 1% in revenue and 3% in operating income.
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