BorgWarner expects sales to increase by 10-12% in 2012

The BorgWarner Group recently announced its 2012 sales and profit expectations.

Tim Manganello, chairman and chief executive of BorgWarner, said that the company’s new business orders will boost sales growth by 10% to 12% in 2012. Without considering the impact of foreign exchange factors, the company’s sales will increase by 14% in 2012. To 16%.

BorgWarner expects net profit for 2012 to be diluted from $5.35 to $5.65 per share, an increase of 23% to 27%. The operating profit margin is 11.5% or more, and the capital expenditure is between $450 million and $500 million.

In the first three quarters of 2011, BorgWarner's net sales totaled 5.431 billion U.S. dollars. BorgWarner expects sales for the full year of 2011 to increase by 26% to 27% over 2010, and diluted earnings per share at 4.35 U.S. dollars to 4.45 U.S. dollars. between.