Visteon Announces Preliminary Q2 2005 Financial Information



                     VISTEON CORPORATION AND SUBSIDIARIES

              SECOND QUARTER 2005 FINANCIAL INFORMATION SUMMARY
                         (preliminary and unaudited)
                   (in millions, except per share amounts)



    Sales
      Ford and affiliates                             $3,223
      Other customers                                  1,780
        Total sales                                   $5,003

    Costs of sales                                    $5,891

    Selling, administrative and other expenses          $274

    Operating loss                                   $(1,162)

    Loss before income taxes and minority
     interests                                       $(1,185)

    Net loss                                         $(1,193)

    Net loss per share
    Basic and diluted                                 $(9.49)

    Average shares outstanding
    Basic and diluted                                  125.7

    Special charges (included in costs of sales)     $(1,132)

    Special charges above, after-tax                 $(1,132)

    Special charges per share, based on
     average diluted shares outstanding above         $(9.01)



    Other Selected Information

    Depreciation and amortization
      Depreciation                                      $154
      Amortization                                        26
        Total depreciation and amortization             $180

    Net interest expense                                 $31

    Income tax benefit                                   $(2)

    Capital expenditures (including $2 million
     related to capital leases)                         $152

    Cash and borrowing
      Cash                                              $823
      Borrowing                                        1,921


CONTACT: Media Inquiries: Jim Fisher, +1-734-710-5557,
Email Contact , or Investor Inquiries: Derek Fiebig,
+1-734-710-5800, Email Contact , both of Visteon Corporation

Web site: http://www.visteon.com/



« Previous Page 1 | 2             



Review Article Be the first to review this article
Rand3D

Jobs
Mapping & GIS Sales Rep for California Surveying & Drafting Supply at Sacramento, CA
Architectural Designer for Champion Home Builders at Troy, MI
Analyst Programmer for Palm Beach County at West Palm Beach, FL
Upcoming Events
ATE SOLIDWORKS Innovation Day 2017 at LIFELONG LEARNING INSTITUTE LEVEL 2 @ 11 EUNOS ROAD 8 SINGAPORE Singapore - Oct 5, 2017
Additive Manufacturing Conference 2017 at Knoxville Convention Center 701 Henley Street Knoxville TN - Oct 10 - 12, 2017
ASSESS 2017 CONGRESS at Bolger Center Potomac MD - Nov 1 - 3, 2017
FABTECH 2017 at McCormick Place Chicago IL - Nov 6 - 9, 2017
MasterCAM



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise