March 19, 2018 / 11:09 AM / a month ago

BRIEF-Dana Inc Sees FY 2018 Adjusted EPS Of $2.75 - $3.05

March 19 (Reuters) - Dana Inc:

* SEES FY 2018 SALES $7.75 BILLION TO $8.05 BILLION

* SEES 2018 CAPITAL SPENDING OF APPROXIMATELY 4.0 PERCENT OF SALES

* SEES 2018 FREE CASH FLOW OF APPROXIMATELY 3.5 PERCENT OF SALES

* ‍DUE TO IMPROVED MARKET CONDITIONS, SALES FROM NEW BUSINESS BACKLOG, 2018 SALES NOW EXPECTED TO GROW BY 10 PERCENT

* FY2018 EARNINGS PER SHARE VIEW $2.84, REVENUE VIEW $7.69 BILLION — THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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