Tenneco (TEN) Sees 2016 Revenue Growth of 5%
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Tenneco Provides Revenue Growth Estimates
January 13, 2016 8:30 AM ESTDETROIT--(BUSINESS WIRE)-- Tenneco Inc. (NYSE: TEN) today announced that in 2016 the company expects to outgrow global industry production* by 2 percentage points resulting in total revenue growth of 5 percent at current industry growth forecasts and excluding the impact of currency. Tenneco Chairman and CEO Gregg Sherrill provided these revenue growth estimates at the Deutsche Bank Global Auto Industry Conference in Detroit.
Tenneco expects 2016 revenue growth will be driven by:
Incremental Clean Air revenue from 2015 light vehicle launches and new launches in 2016; Incremental revenue from Monroe®... More