•
Dec 31, 2019
Dana Q4 2019 Earnings Report
Dana reported a slight increase in sales, but a decrease in net income compared to the same period last year.
Key Takeaways
Dana Incorporated reported fourth-quarter sales of $1.99 billion, a slight increase from $1.97 billion in 2018. Net income was $85 million, down from $100 million in the same period last year. Adjusted EBITDA was $226 million, compared to $223 million in the prior year.
Sales for the fourth quarter of 2019 totaled $1.99 billion.
Net income of $85 million for the fourth quarter of 2019.
Adjusted EBITDA for the fourth quarter of 2019 was $226 million.
Operating cash flow in the fourth quarter of 2019 was $349 million.
Dana
Dana
Forward Guidance
Despite expected softer demand in our heavy-vehicle markets, we continue to successfully manage through this cycle and execute our strategic plan.