Superior Industries (SUP) Tops Q2 EPS by 11c

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Superior Reports Second Quarter 2022 Financial Results

August 4, 2022 7:00 AM EDT

Strong Execution Continues to Drive Financial Performance
Demand for Premium Content Remains Robust

 Second Quarter 2022 Financial Highlights1:

Net Sales increased 24% YoY to $432M Value-Added Sales Adjusted for FX1 increased 1% YoY to $197M Net Income of $11M; Diluted Earnings per Share of $0.07 Adjusted EBITDA1 of $51M; solid margin2 expansion YoY despite lower unit shipments Cash Flow from Operations of $12M Total Debt3 of $593M; Net Debt1 decreased to $471M, lowest level since 2017

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