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NEW YORK, April 30, 2021 /PRNewswire/ (S&P Global Ratings) S&P Global Ratings said today that
Dana Inc. s Green Financing Framework is fully aligned with the four components of the Green Bond Principles (GBP) and Green Loan Principles (GLP). The Framework Alignment Opinion report is available Dana s sustainable financing framework is considered fully aligned because it commits to using net proceeds of financing issued under the framework to finance eligible green projects that fit into the categories defined in the GBP and GLP, specifically clean transportation, renewable energy, sustainable water and wastewater management, and green buildings, said Lori Shapiro, the primary contact at S&P Global Ratings.
Company Description
Dana Inc is a supplier of driveline (axles, driveshafts, and transmissions), sealing, and thermal-management technologies for vehicles with both conventional and alternative-energy powertrains. The company produces for original-equipment manufacturers and the aftermarket for Light Vehicle Driveline Technologies (Light Vehicle), Commercial Vehicle Driveline Technologies (Commercial Vehicle), Off-Highway Drive and Motion Technologies (Off-Highway) and Power Technologies. Dana operates in generates the majority of its revenue from its light vehicle segment, selling primarily to Ford, Hyundai, Tata, Nissan, GM, and Toyota. The company s largest end market is North America.
MAUMEE, Ohio (AP) Dana Inc. (DAN) on Wednesday reported first-quarter profit of $71 million. On a per-share basis, the Maumee, Ohio-based company said it had net income of 48 cents. Earnings, adjusted for one-time gains and costs, came to 66 cents per share. The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.
BRIEF-Dana Exec Says Co Remains Cautious On Outlook Due To Semiconductor Shortage, Which Is Impacting Many Major OEMs Around The World - Conf Call Reuters 4/28/2021
Popular Searches DANA EXEC SAYS HEAVY VEHICLE MARKET CONTINUES TO BE STRONG, PARTICULARLY IN NORTH AMERICA DANA EXEC SAYS SEA CONTAINER SHORTAGE HAS IMPACTED GLOBAL SUPPLY CHAINS RESULTING IN SHIPPING DELAYS, BOTTLENECKS AT PORT FACILITIES AND INFLATED FREIGHT PRICES DANA EXEC SAYS HOTSPOTS LIKE BRAZIL AND INDIA ARE PUTTING ADDED PRESSURE ON AN ALREADY CHALLENGED SUPPLY CHAIN DANA EXEC SAYS IN Q1 HEAVY VEHICLE DEMAND ACCELERATED AND LIGHT VEHICLE DEMAND WAS NEGLIGIBLY IMPACTED BY THE CHIP SHORTAGE