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Hayes Lemmerz International Inc

Posted 11-05-2012 at 07:12 AM by marcitize12
Hayes Lemmerz International Inc. on Wednesday reaffirmed its expectations of about $2.1 billion in revenue for the fiscal year ending Jan. 31. The Northville, Mich., automotive parts maker also said it expects adjusted earnings before interest, taxes, depreciation and amortization to be $190 million to $200 million. The company also reaffirmed positive free cash flow, excluding securitization impact, and said capital expenditures are expected to be $95 million to $100 million.


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