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BorgWarner Reports Fourth Quarter 2020 Net Sales Increased Compared With Fourth Quarter 2019 and Net Cash Provided by Operating Activities of $416 million
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AUBURN HILLS, Mich., Feb. 11, 2021 /PRNewswire/ BorgWarner Inc. (NYSE: BWA) today reported 2020 fourth quarter and full-year results.
Fourth Quarter Highlights:
U.S. GAAP net sales of $3,926 million, up 53.4% compared with fourth quarter 2019.
Excluding the impact of foreign currencies and the impact of the Delphi Technologies acquisition, net sales were up 6.2% compared with fourth quarter 2019.
U.S. GAAP net income of $358 million, or $1.52 per diluted share.
Excluding the $0.34 per diluted share related to non-comparable items (detailed in the table below), adj. net income was $1.18 per diluted share. ....

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