Commercial Vehicle Group (CVGI) Tops Q4 EPS by 5c

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Commercial Vehicle Group Announces Fourth Quarter And Fiscal Year 2014 Results

March 10, 2015 4:15 PM EDT

NEW ALBANY, Ohio, March 10, 2015 /PRNewswire/ -- Commercial Vehicle Group, Inc. (the "Company") (Nasdaq: CVGI) today reported financial results for the fourth quarter and fiscal year ended December 31, 2014.

Consolidated Results

Fourth Quarter 2014 Results-     Fourth quarter 2014 revenues were $211.9 million compared to $183.0 million in the prior-year period, an increase of 15.8 percent, primarily resulting from increased medium- and heavy-duty truck ("MD / HD Truck") production volumes in North America and increased sales into the North American construction and agriculture markets. 

-     Operating income in the fourth quarter was $9.5 million compared to operating income of... More