Superior Industries (SUP) Tops Q4 EPS by 17c, Offers Guidance

Go back to Superior Industries (SUP) Tops Q4 EPS by 17c, Offers Guidance

Superior Reports Fourth Quarter and Full Year 2022 Financial Results

March 2, 2023 7:00 AM EST

Executing on strategic priorities to deliver profitable Growth over Market

Fourth Quarter 2022 Financial Highlights:

Net Sales increased 9% YoY to $402M Value-Added Sales Adjusted for FX1 increased 22% YoY to $231M Net income of $17M; YoY improvement of $20M Adjusted EBITDA1 increased 54% YoY to $58M; margin2 expanded 660 bps Cash Flow from Operations of $78M Content per Wheel1 of $61.91, up 26% YoY

Full Year 2022 Financial Highlights:

Net Sales increased 18% YoY to... More