ArvinMeritor Inc. (ARM, Financial) filed Annual Report for the period ended 2011-10-02.
Arvinmeritor Inc. has a market cap of $1.03 billion; its shares were traded at around $0 . The dividend yield of Arvinmeritor Inc. stocks is 2.5%.
Meritor has numerous customers worldwide and has developed long-standing business relationships with many of these customers. Our ten largest customers accounted for approximately 70% of our total sales from continuing operations in fiscal year 2011. Sales to AB Volvo, Daimler AG and Navistar International Corporation represented approximately 24 percent, 11 percent and 11 percent, respectively, of our sales in fiscal year 2011. No other customer accounted for 10% or more of our total sales in fiscal year 2011.
Aggregate sales of our non-consolidated joint ventures were $1,977 million, $1,474 million and $868 million in fiscal years 2011, 2010 and 2009, respectively.
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Arvinmeritor Inc. has a market cap of $1.03 billion; its shares were traded at around $0 . The dividend yield of Arvinmeritor Inc. stocks is 2.5%.
Highlight of Business Operations:
We plan to continue to grow and expand globally, with a keen focus on South America and Asia-Pacific (primarily China and India) because we believe these regions offer the greatest profit potential. Sales in these regions represented approximately 30 percent, 29 percent and 20 percent of total sales from continuing operations in fiscal years 2011, 2010 and 2009, respectively.Meritor has numerous customers worldwide and has developed long-standing business relationships with many of these customers. Our ten largest customers accounted for approximately 70% of our total sales from continuing operations in fiscal year 2011. Sales to AB Volvo, Daimler AG and Navistar International Corporation represented approximately 24 percent, 11 percent and 11 percent, respectively, of our sales in fiscal year 2011. No other customer accounted for 10% or more of our total sales in fiscal year 2011.
Aggregate sales of our non-consolidated joint ventures were $1,977 million, $1,474 million and $868 million in fiscal years 2011, 2010 and 2009, respectively.
Read the The complete Report
