Dana incorporated reports 2024 first-quarter financial results with increased sales, adjusted ebitda, and free cash flow raises full-year free cash flow guidance

Sales of $2.7 billion, an increase of $91 million net income of $3 million, including a $29 million charge related to the announced european hydraulics business divestiture adjusted ebitda of $223 million, an increase of $19 million over last year adjusted ebitda margin of 8.2 percent, a 50-basis-point improvement compared with 2023 operating cash flow improved by $68 million compared with last year full-year 2024 free cash flow guidance raised by $25 million maumee, ohio , april 30, 2024 /prnewswire/ -- dana incorporated (nyse: dan) today announced financial results for the first quarter of 2024. "dana delivered strong performance in the first quarter with improved sales, profit margins, and free cash flow over the previous year.
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