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BorgWarner raises FY 2014 guidance


Thursday, 1 May 2014 08:03am EDT 

BorgWarner Inc:Expects FY 2014 net sales growth to be 12-15 pct compared with 2013, up from 7-11 pct previously, primarily due to the impact of the Wahler acquisition.Raises FY 2014 net earnings guidance to a range of $3.15 to $3.30 per diluted share from a previous range of $3.10 to $3.25 per diluted share.Reported revenue of $7.437 bln in FY 2013.FY 2014 revenue of $8.353 billion and EPS of $3.30 - Thomson Reuters I/B/E/S. 

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