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BorgWarner corrects turbocharger sales percentages in 10-K; 2023 figure revised to 23% from 21%
BORGWARNER INC
- Light-vehicle turbocharger sales as % of net sales corrected: 2023 now 23% (was 21%), 2022 now 25% (was 26%), 2021 unchanged at 24%.
- Correction disclosed in Form 8-K filed Feb 14, 2024; no change to total revenue or reported financials.
- Previously reported figures in Feb 8, 2024 10-K contained inaccuracies only for these segment percentages.
- This correction does not affect the Company's consolidated financial statements or cash flows.