Tenneco Q1 revenue, profits slump on COVID-19 impact

Tenneco Q1 revenue, profits slump on COVID-19 impact

The supplier estimates the coronavirus crisis affected value-add revenue by $340 million in the quarter. The company said 75 percent of its plants and distribution centers worldwide are operating at various levels of production as of the first week in May, up from a low of 47 percent during the first week of April.

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