TRW navigating a course for success with record sales figures in 2010
TRW Automotive, the global leader in active and passive safety systems, has reported record sales figures for 2010.
- 2010 - full year sales $14.4 billion
- Increase of $2.8 billion or 24% on to 2009
- 8.5% attributed to the Aftermarket business
“TRW’s solid fourth quarter performance built on the positive momentum established earlier in the year and enabled the Company to post its best full year results since becoming an independent Company,” said John C. Plant, Chairman, President and Chief Executive Officer.
Mr Plant continued: “Increasing global demand for TRW’s innovative technologies combined with our low cost structure, solid liquidity and flexible balance sheet will further strengthen our position as a leading supplier to the world’s car manufacturers.
"TRW is committed to advancing its strategic priorities of quality, cost, innovative technologies, and leveraging our global reach to ensure the Company’s, and our customers, success is sustained in 2011 and beyond."
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