Adjusted for unfavourable foreign currency translation and reduced commodity recoveries, the firm’s revenue grew by 2.5%.

During this period, Nexteer's above market revenue growth was driven by strong conquest wins of new customer business over several years, as well as continued momentum with leading Chinese OEMs ...

Nexteer achieved $6.0 billion in Bookings, of which 31% represented new conquest business and 28% represented COEM business. The company noted key Bookings positioning Nexteer to capitalize on future, ...