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2004 Q3 TRW Auto Earnings Presentation
TRW Automotive reported third quarter 2004 financial results with sales of $2.7 billion, an 8% increase over the prior year. Net earnings were $13 million compared to a net loss of $34 million in the prior year. For the first nine months of 2004, sales were $8.8 billion and net earnings were $91 million. TRW revised its full-year 2004 guidance to reflect third quarter results and an expected $115 million fourth quarter charge related to purchasing a subordinated note, with projected sales of $11.8 billion and diluted EPS between $0.08-$0.13.
