Ampco-Pittsburgh (AP) Misses Q3 EPS by 8c

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Ampco-Pittsburgh Corporation (NYSE: AP) Announces Third Quarter 2021 Results

November 4, 2021 7:47 AM EDT

Sales up 7% versus prior year quarter Forged and Cast Engineered Products Backlog up 16% sequentially Price increase actions commenced Cost reduction actions in progress and capital equipment improvement plan on track

 

CARNEGIE, Pa.--(BUSINESS WIRE)-- Ampco-Pittsburgh Corporation (NYSE: AP) (the "Corporation" or Ampco-Pittsburgh) reported net sales of $81.2 million and $260.4 million, respectively, for the three and nine months ended September 30, 2021, compared to $75.7 million and $241.5 million for the three and nine months ended September 30, 2020, respectively. The increase is primarily... More