Federal-Mogul Posts Q4 2013 Results

Feb. 20, 2014

February 20, 2014—Federal-Mogul Corporation announced Thursday fourth quarter 2013 sales of $1.7 billion, 10 percent higher than the fourth quarter of 2012.

For full year 2013, the company reported sales growth of five percent to $6.8 billion, up $342 million from full year 2012.

The company’s powertrain segment continue to gain market share in all regions and saw a 10 percent increase in revenue in the fourth quarter of 2013 compared to the previous year.

The vehicle components segment in Q4 2013 had revenue of $727 million, an increase of five percent from Q4 2012.

"Federal-Mogul`s results for the fourth quarter and for full year 2013 are a reflection of improved operating performance, strengthening global markets and market share gains, particularly in the Powertrain segment," said Rainer Jueckstock, Federal-Mogul co-CEO and CEO, powertrain segment. "We are continuing to make steady progress in growing sales, driving operating efficiencies and delivering high quality products to our customers."

Sponsored Recommendations

Valvoline Partner Solutions

We arm you with products that build trust, tools that unlock productivity, and training that drives business performance, so you feel confident in where your...

Grow the business you know

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

Solutions that drive results

Connect with Valvoline experts to increase operational efficiency and customer loyalty – from Valvoline-funded promotions to hands-on training, we’re here to...

Free Resources for Shops Like Yours

View insights, research and solutions curated specifically for shops like yours.