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ArvinMeritor Inc announces Q4 2010 outlook
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Friday, 06 Aug 2010
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For the fourth quarter of fiscal year 2010 as compared to the third fiscal quarter of 2010, ArvinMeritor Inc anticipates:

1. Revenue to be slightly lower due to seasonal customer shutdowns

2. Adjusted EBITDA to be slightly lower

3. Adjusted income from continuing operations to be slightly lower

4. Free cash flow before factoring and restructuring to be slightly negative

5. Free cash flow to be slightly negative primarily due to the company's semi annual interest payment on its fixed debt securities

Mr Chip McClure chairman, CEO & president of ArvinMeritor Inc said that "We are optimistic about the positive volume trends we are seeing both in Europe and North America, with the exception of military products. In addition, we are pleased with the continuing market strength in South America, China and India, particularly as we are taking actions to grow our business in those regions of the world. We are focused on continuing to convert higher revenues to earnings as we strive to achieve our long term EBITDA margin target of 10%."

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