Company Profile For Tenneco, Inc.

Tenneco, Inc. (TEN.N) (New York Stock Exchange)

sector: Cyclical Consumer Goods & Services · industry: Auto/Truck/Motorcycle Parts ·

As of 25 Nov 2009

15.35USD

Price Change

+0.55

Percent Change

+3.72%

Analyst Recommendations

Overview

Tenneco Inc. (Tenneco) designs, manufactures and sells automotive emission control and ride control systems and products. The Company serves both original equipment manufacturers (OEMs) and replacement markets worldwide through brands, including Monroe, Rancho, Clevite Elastomers, and Fric Rottm ride control products and Walker, Fonostm, and Gillettm emission control products. As a parts supplier, the Company produces individual component parts for vehicles, as well as groups of components that are combined as modules or systems within vehicles. These parts, modules and systems are sold globally to OEMs and throughout all aftermarket distribution channels. In September 2008, it acquired the suspension business of Gruppo Marzocchi, a supplier of suspension technology for the two-wheeler market.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Tenneco Inc.'s revenues fell 29% to $3.33B. Net loss decreased 23% to $90M. Revenues reflect decreased revenues from North America segment, lower revenues from European segment and lower income from Asia Pacific segment. Net loss was offset by decreased cost of sales, lower engineering, research & development expenses, decreased selling, general and admin. exp. and lower depreciation charges.