Titan International Net Sales Down 9.3% in 2016, Q4 Sales Nearly Flat
Titan International (NYSE: TWI), whose subsidiaries supply wheels, tires, assemblies, and undercarriage products for off-highway equipment used in agricultural, earthmoving/construction, and consumer (including all-terrain vehicles) applications, has reported that net sales for the full year ended December 31, 2016, were $1,265.5 million, down 9.3 percent compared to $1,394.8 million in 2015. Gross profit was $142.5 […]