Superior Industries (SUP) Misses Q4 EPS by 8c, Revenues Beat; Offers FY21 Revenue Guidance
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Superior Reports Fourth Quarter and Full Year 2020 Financial Results
March 5, 2021 7:00 AM EST
Portfolio delivered significant growth above market
Execution drove margin expansion and solid cash generation
Fourth Quarter and Full Year 2020 Financial Highlights:
Q4 net sales of $338M; Value-Added Sales1 of $202M, a 12%2 increase YoY Q4 portfolio delivered 12% Content per Wheel1 growth and growth over market of 11%2 Q4 net loss of $21M; Adjusted EBITDA1 increased 25% YoY to $47M Reduced funded debt to $643M and Net Debt1 to $491M; $28M reduction in Q4 FY 2020 cash from operations of $150M; Free Cash Flow1... More