Inactive Instrument

Delphi Technologies PLC

DLPH

JE00BD85SC56

Delphi Technologies PLC Reports Asset Impairment Charges for the Fourth Quarter Ended December 31, 2019

February 13, 2020 at 04:01 pm

Delphi Technologies PLC reported asset impairment charges for the fourth quarter ended December 31, 2019. For the period, the company reported Asset impairment of $26 million.

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Delphi Technologies PLC is a United Kingdom-based company that develops designs and manufactures vehicle propulsion systems. The Company supplies its products to original equipment manufacturers (OEMs). The Company's portfolio includes gas and diesel fuel injection systems (FIS), actuators, valvetrain products, sensors, electronic control modules and power electronics technologies. The Company operates in two segments: Powertrain Systems and Delphi Technologies Aftermarket. Powertrain Systems segment provides FIS as well as various other powertrain products including valvetrain, fuel delivery modules, ignition coils, canisters, sensors, valves and actuators. Delphi Technologies Aftermarket segment sells aftermarket products to independent aftermarket and original equipment service customers. It also supplies a range of aftermarket products and services covering the fuel injection, electronics and engine management, maintenance and test equipment and vehicle diagnostics categories.

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