Borg-Warner Automotive Reclassifies 1998 Quarters by Operating Group
19 May 1999
Borg-Warner Automotive Reclassifies 1998 Quarters by Operating Group
CHICAGO, May 18 -- Borg-Warner Automotive, Inc.
today re-released 1998 quarterly sales to reflect the format in which the
company is reporting its 1999 operating group sales.
The sales of the turbocharger business of A.G. Kuhnle, Kopp and Kausch are
included with Morse TEC, and certain amounts have been reclassified from
Automatic Transmission Systems to divested operations. The revised numbers
are attached.
Chicago-based Borg-Warner Automotive, Inc. is a product leader in highly
engineered components and systems for vehicle powertrain applications
worldwide. The company operates 54 manufacturing and technical facilities in
13 countries. Customers include Ford, DaimlerChrysler, General Motors,
Toyota, Caterpillar, Navistar and VW.
Borg-Warner Automotive
Quarterly Sales by Operating Group
Year Ended December 31, 1998
Quarter Ended Year Ended
March 31 June 30 Sept. 30 Dec. 31 Dec. 31
Powertrain Systems 133.9 127.6 118.2 139.1 518.8
Automatic Transmission Systems 103.5 98.0 93.9 107.2 402.6
Morse TEC 128.5 125.9 128.1 153.7 536.2
Air/Fluid Systems 91.1 89.0 82.1 89.2 351.4
Divested operations 21.2 21.8 19.9 10.6 73.5
Intersegment eliminations (13.5) (11.0) (10.6) (10.6) (45.7)
464.7 451.3 431.6 489.2 1,836.8
The above sales by business group have been reclassified for each of
the interim quarters for 1998 to reflect the reclassification of certain
amounts from Automatic Transmission Systems to Divested operations and the
inclusion of the sales of A.G. Kuhnle, Kopp & Kausch with Morse TEC.