FMP

FMP

Meritor Reported Q4 Results

Meritor, Inc. (NYSE:MTOR) reported its Q4 results, with revenue growing 25% year-over-year to $945 million, driven mainly by higher global truck production in all markets. Despite ongoing headwinds from supply chain disruption, volatile work schedules and labor issues, the company continued to execute. While headwinds are likely to persist into 2022, the company should still be able to drive solid margin expansion driven by recovery/pricing actions, higher volume and continued operational performance.