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Re: Bizreader post# 1525

Friday, 02/26/2010 1:34:09 PM

Friday, February 26, 2010 1:34:09 PM

Post# of 1941
No no, the big news is today:

http://finance.yahoo.com/news/Visteon-Announces-prnews-439946089.html?x=0&.v=1


Visteon Announces Fourth-Quarter and Full-Year 2009 Results; Reports Net Income

For the fourth quarter of 2009, Visteon reported net income of $276 million, or $2.12 per share, on sales of $2.03 billion.

VAN BUREN TOWNSHIP, Mich., Feb. 26, 2010 /PRNewswire-FirstCall/ --

Full-Year 2009 Financial Summary

* Product sales of $6.42 billion – down $2.7 billion from prior year
* Net income of $128 million – up $809 million from prior year
* Adjusted EBITDA of $454 million – up $96 million from prior year
* Cash generated by operating activities of $141 million – up $257 million from prior year
* Year-end cash balance of nearly $1.1 billion
* Product quality and employee safety at best-ever levels


Fourth Quarter 2009 Financial Summary

* Product sales of $1.97 billion – up $420 million year-over-year
* Net income of $276 million; adjusted EBITDA of $230 million
* Cash generated by operating activities of $292 million

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