Navistar Continues on Profitable Path Despite Tough Market Conditions
• 2Q Results Reflect Improved Performance of Core Business
• Navistar Reaffirms Fiscal 2010 Guidance in $2.75-$3.25 EPS Range
• 2010 MaxxForce Advanced EGR Engines Launching
WARRENVILLE, Ill. (June 9)
– Navistar International Corporation (NYSE: NAV)
reported solid second-quarter results as reflected by improvements in the performance of its core business as the company continues to navigate the difficult economic climate.
“Our expectations are to be profitable across the business cycle,” said Daniel C. Ustian, Navistar chairman, president and CEO. “The plans we have put in place for our core businesses are on track through the second quarter. We are confident that the foundation is in place to continue to support our profitability and grow our business.”