BUZZ-Aptiv rises after upbeat 2025 profit forecast

Reuters
06 Feb
BUZZ-Aptiv rises after upbeat 2025 profit forecast

** Shares of technology co Aptiv PLC APTV.N up ~6% at $64.87, premarket

** Co forecasts 2025 profit above estimates on the back of steady demand for its automotive parts and supplies and as cost-cutting measures pay off

** Expects 2025 adjusted profit per share to range from $7.00 to $7.60, exceeding analysts' estimates of $6.92 per share, according to data compiled by LSEG

** Stock fall ~32.6% in 2024

(Reporting by Rupali Chaudhary in Bengaluru)

((Rupali.Chaudhary@thomsonreuters.com))

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