Metaldyne Performance Group (MPG) Tops Q2 EPS by 7c, Maintains Guidance

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Go back to Metaldyne Performance Group (MPG) Tops Q2 EPS by 7c, Maintains Guidance

MPG Reports 25% Growth, Strong Second Quarter Results and Record New Business Awards

August 4, 2015 6:01 AM EDT

PLYMOUTH, Mich., Aug. 4, 2015 /PRNewswire/ -- Metaldyne Performance Group Inc. (NYSE: MPG), a leading provider of highly-engineered components for use in powertrain and safety-critical applications for the global light, commercial and industrial vehicle markets, today reported the following financial results for its second quarter ended June 28, 2015.

Second Quarter 2015 Financial Highlights:

Net sales increased 25% to $800.2 million compared to $641.3 million in the second quarter of 2014. Gross profit increased 37% to $142.1 million for the quarter compared to $104.1 million the same... More