Lear logged higher profit and revenue in the recent quarter, as the company won new business and continued to invest in innovation and automation.

The autoparts maker on Friday posted a second-quarter profit of $192.8 million, or $3.79 a share. That compares with a profit of $165.2 million, or $3.06 a share, a year earlier.

Stripping out certain one-time items, earnings came in at $4.28 a share. Analysts polled by FactSet expected adjusted earnings of $3.98 a share.

Net sales climbed 3% to $6.21 billion, ahead of Wall Street models for $6.15 billion.

Chief Executive Ray Scott said Lear continues to improve results despite operating in a dynamic operating environment. The rise came despite flat production across the auto industry. Global vehicle production was flat compared to a year ago, with North America flat, Europe down 2% and China down 4%.

"We continue to win significant new business awards, including key new and conquest program awards with Audi, while accelerating our growth with Chinese automakers," Scott said, adding that the company is also benefiting from innovation and automation efforts.

Looking ahead, Lear raised the low end of its full-year revenue outlook to $23.54 billion from $23.21 billion, while maintaining the high end at $24.01 billion.

The company similarly lifted the low end of adjusted earnings before interest, taxes, depreciation and amortization--a metric which strips out exceptional and other one-off items--outlook to $1.7 billion from $1.65 billion, while holding the high end at $1.82 billion.