Superior Industries (SUP) Tops Q1 EPS by 16c
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Superior Reports First Quarter 2022 Financial Results
May 4, 2022 7:00 AM EDT
Achieved strong Adjusted EBITDA1 and Operating Cash Flow
Differentiated portfolio supporting Growth over Market2
First Quarter 2022 Financial Highlights:
Net Sales increased 12% to $401M; Value-Added Sales1 decreased 9% YoY to $189M Portfolio delivered Growth over Market of 5%2; 5% Content per Wheel1 growth Net Income of $10M; Earnings per Share of $0.04 Adjusted EBITDA1 of $49.2M; margin flat, at 26%3, despite lower unit shipments Cash Flow from Operations of $45M Total Debt4 of $611M; Net Debt1 decreased to $477MSOUTHFIELD,... More
