GKN 2012 Profit Up 19%
GKN (OTC: GKNLY) reported a 19% increase in its full-year profit.
GKN's 2012 pretax profit surged to 497 million pounds ($750.94 million).
Its revenue rose 13% to 6.9 billion pounds. However, analysts were expecting a pretax profit of 441.5 million to 536 million pounds.
GKN shares closed at $3.81 yesterday.
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