TI Fluid Systems plc Reports Revenue Results for the Nine Months of 2018; Provides Earnings Guidance for the Year 2018
For the full year of 2018, the company expects revenue growth to be in excess of global vehicle production growth. But given these regional mix impacts, the 2018 calendar year outperformance on revenue is expected to be less than that achieved in 2017 at constant currency. Adjusted EBIT margin outlook for 2018 remains broadly in line with its 2017 results and have and its adjusted free cash flow expectations remain unchanged.