Lear Corporation: Corporate and Strategic Assessment Report

Introduction

Lear is one of the largest suppliers of automotive seating systems in the world. The company's principal objective is to strengthen and expand its position in the global automotive industry by (i) focusing on its core business, (ii) investing in technological innovations, (iii) creating a low-cost country foot print, (iv) focusing on Asian markets, and (v) restructuring its operations.

Scope

• Contains corporate strategy, value chain presence and SWOT Analysis
• Provides detailed business description, segment analysis, 5-year financial trends, key products and key competitors
• Includes information on suppliers/ partners, shareholding structure and key employees with biographies

Highlights

Lear supplies automotive seat systems, electrical distribution systems and various electronic products to automotive manufacturers. In April 2007, Lear completed the transfer of all of the assets of its North American Interior business to International Automotive Components Group North America (IAC North America).

The company's profits recovered significantly in 2007. The operating profit of the company was $563 million during fiscal year 2007, compared to an operating loss of $358 million in 2006. The net profit was $241.5 million in 2007, as compared to a net loss of $707.5 million in 2006.

As of December 2007, the company manufactured approximately 40% of its components from low-cost countries, and has plans to increase this target to 60% by 2010. In February 2008, the company restructured its business by establishing a global operating structure for its seating and electrical and electronic businesses.

Reasons to Purchase

• Access all the important information and analysis on the company in a single report
• Understand company's strengths, weaknesses, opportunities and threats along with business strategy and value chain
• Gain access to company's adjusted five year financial data along with key ratios and market capitalization