Superior Industries (SUP) Misses Q2 EPS by 7c
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Superior Reports Second Quarter 2021 Financial Results
August 4, 2021 7:00 AM EDT
Driving sustainable operating performance despite industry headwinds
Differentiated product portfolio supporting Growth over Market
Second Quarter 2021 Financial Highlights:
Net sales of $347.5M; Value-Added Sales Adj. for FX1 increased 121%2 YoY to $186.3M Portfolio delivered 9% Content per Wheel1 growth; Growth over Market of 12%2 Net income of $1.7M, a $44.9M increase YoY Adjusted EBITDA1 increased $48.3M YoY to $44.6M; margin expanded 2,720 bps3 Funded debt of $632.9M and Net Debt1 of $483.7M Cash from operations of $13.8MSOUTHFIELD,... More
