“We continue to expect to deliver strong organic growth to drive improved profitability in our e-products as we leverage our top-line growth and to continue to make the necessary investments to support the long-term profitable growth of our e-product portfolio,” BorgWarner CFO Kevin Nowlan said in a call with investors Wednesday.
The supplier’s net merger, acquisition and divestiture expenses spiked this quarter, up $47 million to $56 million. The company recently completed a spinoff of its fuel systems and aftermarket