Elmot.com.pl

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Remy Inc.

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08.06.2008 - PENDLETON, Ind., /PRNewswire/ -- Remy International, Inc. Pendleton, Ind., Wednesday, August 6, 2008 – Remy International, Inc., a leading worldwide manufacturer, remanufacturer, and distributor of heavy duty systems, starters and alternators, locomotive products and hybrid technology, announced today its operating results for the second quarter ended June 30, 2008. Sales for the quarter were $297.7 million compared to $290.0 million a year earlier, a 3% increase. Earnings before interest, taxes, depreciation, amortization, and restructuring charges (EBITDAR) for the quarter increased 123% to $27 million from $12.1 in the second quarter of 2007. Gross profit less S, G&A increased 221% to $21.5 million in the second quarter of 2008 from $6.7 million in second quarter of 2007. The net profit in the quarter was $2.9 million, a substantial improvement over 2007's second quarter's net loss of $29.2 million.