Lear Corp. Announces Fourth Quarter 2024 Financial Results

Lear Corp., a leading global supplier of automotive seats and electronics, released its financial report for the fourth quarter of 2024. The report showed that adjusted net profit fell 9% year-on-year to $161 million, and revenue was $5.7 billion, slightly lower than the same period last year. Although the full-year adjusted net profit increased slightly to $713 million, the full-year revenue still fell slightly to $23.3 billion.