GKN automotive owner Dowlais forecasts 2025 outlook at top end of range

Reuters11-11

Nov 11 (Reuters) - British auto parts supplier Dowlais DWL.L said on Tuesday it expects its full-year adjusted revenue and operating margin to be towards the top end of its guided range, signaling positive impact from its global restructuring initiatives.

The company also said it is on track for its proposed combination with American Axle & Manufacturing AXL.N in a $1.44 billion deal which was announced earlier this year.

(Reporting by Rishab Shaju in Bengaluru; Editing by Mrigank Dhaniwala)

((Rishab.shaju@thomsonreuters.com ; +91 9048142177))

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