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Federal-Mogul posts $14.1 million November EBITDA
By Caroline Salls
Pittsburgh, Dec. 21 - Federal-Mogul Corp. reported $14.1 million in EBITDA for November on $271.3 million in net sales, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.
EBITDA for October was $16.8 million on net sales of $277.1 million.
The net loss for November was also $14.1 million, compared with a $9.7 million October net loss.
Cash and cash equivalents on Nov. 30 were $504.6 million, up from $420.5 million at the end of October.
Federal-Mogul, a Southfield, Mich.-based auto parts manufacturer, filed for bankruptcy on Oct. 1, 2001. Its Chapter 11 case number is 01-10578.
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