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

SolidCAM: MC SolidCARE Upgrades

Featured Video
Jobs
Currently No Featured Jobs
Upcoming Events
Design for Metal Additive Manufacturing Short Course at Revere Hotel Boston Common 200 Stuart St Boston MA - Nov 27 - 28, 2017
IMTS2018 International Manufacturing Tech Show at McCormick Place Chicago IL - Sep 10 - 15, 2018
Kenesto: 30 day trial
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