- Automotive fluid systems maker TI Fluid Systems said it expected its annual free cash flow to exceed its previous expectations.

In a trading update for the year through December, the company said its other results were expected to be in line with guidance issued in August.

Revenue was seen at around €3.4bn and, on a constant currency basis, would exceed global light vehicle production in excess of 2%.

Adjusted operating margin was seen in line with the first half of the year.

'We remain confident in the group's ability to outperform global light vehicle production on a constant currency basis, maintain high margins and generate strong cash flow,' TI Fluid Systems said.

'We will provide our 2020 outlook with our full year 2019 results.'

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