Horizon Global's Corporate Customers have recorded an increase in their cost of revenue by 12.56 % in the 3 quarter 2022 year on year, sequentially costs of revenue grew by 4.79 %. During the corresponding time, Horizon Global Corp saw a revenue deteriorated by -24.2 % year on year, sequentially revenue fell by -17.8 %. While revenue at the Horizon Global Corp's corporate clients recorded rose by 13.03 % year on year, sequentially revenue grew by 4.14 %.
Horizon Global's Customers have recorded an increase in their cost of revenue by 12.56 % in the 3 quarter 2022 year on year, sequentially costs of revenue grew by 4.79 %, for the same period Horizon Global Corp revnue deteriorated by -24.2 % year on year, sequentially revenue fell by -17.8 %.
Horizon Global's Comment on Sales, Marketing and Customers
Horizon employs a dedicated sales force in each of our primary channels. In serving
our customers globally, we rely upon our strong historical customer relationships,
custom engineering capability, brand recognition, broad product offerings, our
established distribution network and varied merchandising strategies to bolster
our towing, trailering, cargo management and accessory product sales. Significant
Horizon customers include Ford Motor Company, Toyota and General Motors/Holden
in the OE channel; Wal-Mart, AutoZone and Super Retail Group in the retail channel;
and LKQ, U-Haul and the Proex Group in the aftermarket channel.
Horizon Global’s Comment on Sales, Marketing and Customers
Horizon employs a dedicated sales force in each of our primary channels. In serving
our customers globally, we rely upon our strong historical customer relationships,
custom engineering capability, brand recognition, broad product offerings, our
established distribution network and varied merchandising strategies to bolster
our towing, trailering, cargo management and accessory product sales. Significant
Horizon customers include Ford Motor Company, Toyota and General Motors/Holden
in the OE channel; Wal-Mart, AutoZone and Super Retail Group in the retail channel;
and LKQ, U-Haul and the Proex Group in the aftermarket channel.
Sources:
Horizon Global Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Horizon Global Corp’s corporate clients.
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