June 24 (Reuters) - Martinrea International Inc MRE.TO :
* MARTINREA INTERNATIONAL INC - Q2 SALES WILL LIKELY BE DOWN BY ABOUT 55% YEAR-OVER-YEAR
* MARTINREA INTERNATIONAL INC - CHINA IS OPERATING AT NORMAL PRODUCTION RATES BASED ON CUSTOMER ORDERS
* MARTINREA INTERNATIONAL INC - HAVE STARTED PRODUCING AGAIN IN NORTH AMERICA AND EUROPE IN PAST SEVERAL WEEKS
* MARTINREA INTERNATIONAL INC - LOOK FORWARD TO IMPROVING SALES AND PROFITS IN H2 OF YEAR AND BEYOND
* MARTINREA INTERNATIONAL INC - NOW SEEING PRODUCTION VOLUMES STABILIZE AND INCREASE
* MARTINREA INTERNATIONAL INC - DID A DEEP DIVE INTO STREAMLINING FUNCTIONAL AND MANUFACTURING ACTIVITIES
* MARTINREA INTERNATIONAL INC - ANTICIPATE A TOTAL WORKFORCE REDUCTION IN RANGE OF 7%