Superior Industries’ Third Quarter Results
Superior Industries International, Inc has announced operating results for the third quarter and first nine months of 2005 in-line with management’s prior guidance and analysts’ expectations. For the three months ended 30 September 2005, revenue decreased 5.9 per cent to $187,618,000 from $199,328,000 for the third quarter of 2004. Wheel revenue declined 7.2 per cent to $178,288,000 from $192,164,000, as unit wheel shipments declined 7.8 per cent. Components revenue increased 30.2 per cent to $9,330,000 from $7,164,000.