"Over the last 25 years, on six lists of Leading Women, Automotive News has honored 442 executives. This year's group of Leading Women has 24 presidents and CEOs and nine other C-suite executives; the first group, in 2000, had 14 presidents and CEOs and five others in the C-suite," said Mary Beth Vander Schaaf, Automotive News senior director of editorial operations. The 2025 class of Automotive News' 100 Leading Women in the North American Auto Industry emerged from a months-long nomination and judging pro ...

NORTHVILLE, Mich., May 14, 2025 /PRNewswire/ -- Cooper Standard (NYSE: CPS) today announced the release of its 2024 Corporate Responsibility Report, titled "Transformation: Change is Constant," underscoring the Company's continued commitment to ethical business practices, environmental stewardship, philanthropic outreach, and financial strength. Notably, the 2024 report announces the Company's commitment to develop near-term science-based targets that will pave the way toward the Company's aspiration to bec ...

Shares of Cooper-Standard Holdings Inc. (CPS) have gained 43.8% since reporting first-quarter 2025 results, significantly outperforming the S&P 500 index’s 1.5% rally. Over the past month, the stock has posted an even more impressive return of 77% compared with a 12.4% rise in the S&P 500. This rally reflects renewed investor optimism following robust operational execution and a return to profitability.Revenue & Earnings Return to Positive TerritoryFor the quarter ended March 31, 2025, Cooper-Standard repor ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 10-Q ___________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________. Commission File Number: 001-36127 __________________________ ...

Cooper-Standard (CPS) Q1 2025 Earnings Call May 02, 2025 09:00 AM ET Company Participants Roger Hendriksen - Director of Investor RelationsJeffrey Edwards - Chairman & CEOJonathan Banas - Executive VP & CFOKirk Ludtke - Managing DirectorBen Briggs - Director Conference Call Participants Michael Ward - Finance Analyst Operator Good morning, ladies and gentlemen, and welcome to the Cooper Standard First Quarter twenty twenty five Earnings Conference Call. During the presentation, all participants will be in l ...

Financial Data and Key Metrics Changes - First quarter 2025 sales were $667.1 million, a slight decrease of 1.4% compared to the first quarter of 2024, primarily due to unfavorable foreign exchange [13][14] - Adjusted EBITDA for the quarter was $58.7 million, compared to $29.3 million in the first quarter of last year, driven by lean initiatives and restructuring savings [14][17] - Net income for the first quarter of 2025 was $1.6 million, compared to a net loss of $31.7 million in the first quarter of 2024 [15] - Capital expenditures totaled $17.5 million, or 2.6% of sales, consistent with the previous year [15] Business Line Data and Key Metrics Changes - The company achieved $20 million in savings through lean initiatives and $8 million from restructuring initiatives in the first quarter [7][8] - The company awarded $55 million in net new business during the first quarter, indicating strong customer demand for new technologies [8][9] Market Data and Key Metrics Changes - The global production forecast for hybrid vehicles has significantly increased, with expectations raised by nearly 4 million units for 2030 and nearly 7 million units for 2035 [23][24] - The hybrid vehicle trend is expected to drive higher average content per vehicle, benefiting the company's fluid business [24][26] Company Strategy and Development Direction - The company is focused on driving profitable growth through sustainable technologies that enhance vehicle efficiency and reduce carbon footprint [22] - The strategic imperatives include innovation, operational efficiency, and corporate responsibility, aiming for double-digit adjusted EBITDA margins and returns on invested capital [20][21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in mitigating the impact of tariffs and expects to recover the majority of costs associated with them [28][37] - The company anticipates that clarity around trade policies will improve by the end of the second quarter, allowing for a more meaningful update on full-year guidance [29] - Management remains optimistic about the ability to adapt to market conditions and expects continued support from customers [30][60] Other Important Information - The company was recognized as GM Supplier of the Year for the eighth consecutive year, reflecting its commitment to customer value [9] - The company aims to achieve carbon neutrality in Europe by 2040 and globally by 2050, highlighting its commitment to sustainability [12] Q&A Session Summary Question: Is the $2 million in duties and tariffs a timing issue? - Yes, it was a minor impact due to uncertainty about the implementation date, and the company expects to recover these costs [35][36] Question: Is the trajectory of hybrids coming at the expense of electric vehicles? - The increase in hybrid production is driven by consumer preference, and hybrids offer greater content opportunities for the company [40][41] Question: Is the company withdrawing guidance? - No, the company is maintaining its guidance and will provide updates after the second quarter [43][44] Question: What are the key assumptions for achieving a net leverage ratio of around two turns by the end of 2027? - The assumptions include normalized volume production, continued execution of cost reduction initiatives, and profitable growth [72][74]

Creating Sustainable Solutions TOGETHER First Quarter 2025 Earnings Presentation May 2, 2025 Agenda Introduction Roger Hendriksen | Director, Investor Relations First Quarter Summary Jeff Edwards | Chairman and Chief Executive Officer Q & A 2 Financial Overview Jon Banas | Executive VP and Chief Financial Officer Strategic Overview and Outlook Jeff Edwards Q1 2025 Highlights Forward-Looking Statements This presentation includes "forward-looking statements" within the meaning of U.S. federal securities laws, ...

Financial Performance - Sales for Q1 2025 were $667.1 million, a decrease of 1.4% compared to $676.4 million in Q1 2024, primarily due to foreign exchange headwinds [5]. - Net income for Q1 2025 was $1.6 million, a significant improvement of $33.3 million from a net loss of $31.7 million in Q1 2024 [6]. - Adjusted net income for Q1 2025 was $3.5 million, compared to an adjusted net loss of $30.6 million in Q1 2024, marking an increase of $34.1 million [6]. - Adjusted EBITDA for Q1 2025 was $58.7 million, representing an increase of $29.4 million from $29.3 million in Q1 2024, which is 8.8% of sales [7][8]. - Gross profit for Q1 2025 was $77.2 million, an increase of 25.2% compared to Q1 2024 [7]. - Operating income for Q1 2025 was $22.3 million, an increase of 539.2% compared to Q1 2024 [7]. - Operating income significantly improved to $22.264 million compared to $3.483 million in the prior year, reflecting a substantial operational turnaround [26]. - Adjusted EBITDA for the quarter was $58.715 million, representing an increase of 99.5% from $29.348 million in the prior year [33]. - Adjusted net income for the quarter was $3.454 million, compared to a loss of $30.602 million in the same period last year [34]. - Basic and diluted earnings per share were both $0.09, a significant improvement from a loss of $1.81 per share in the previous year [34]. Liquidity and Cash Flow - As of March 31, 2025, cash and cash equivalents totaled $140.4 million, with total liquidity of $300.1 million [15]. - Total current assets increased to $879.245 million, up from $805.256 million at the end of 2024, indicating improved liquidity [28]. - Cash and cash equivalents at the end of the period were $140.368 million, down from $170.035 million at the end of 2024 [30]. - Free cash flow for Q1 2025 was $(32,394) thousand, compared to $(31,033) thousand in Q1 2024, reflecting a year-over-year increase in cash outflow [37]. - Net cash used in operating activities for Q1 2025 was $(14,851) thousand, compared to $(14,199) thousand in Q1 2024, indicating a slight increase in operational cash outflow [37]. - Capital expenditures for Q1 2025 totaled $(17,543) thousand, up from $(16,834) thousand in Q1 2024, showing an increase in investment spending [37]. Business Outlook and Strategy - The company received net new business awards totaling $55.0 million in anticipated future annualized sales, primarily related to battery electric and hybrid vehicle platforms [10]. - The company expects to manage through trade-related uncertainties and believes underlying demand for new light vehicle production remains strong [17]. - The company is focused on improving operating efficiencies and driving innovation despite current market turbulence [4]. Debt Management - Total liabilities rose to $1.922 billion from $1.866 billion, reflecting ongoing debt management strategies [28].

NORTHVILLE, Mich., May 1, 2025 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS) today reported results for the first quarter 2025.First Quarter 2025 Highlights Gross profit of $77.2 million, an increase of 25.2% vs. the first quarter of 2024 Operating income of $22.3 million, an increase of 539.2% vs. the first quarter of 2024 Net income of $1.6 million, or $0.09 per diluted share, an increase of $33.2 million vs. the first quarter of 2024 Adjusted net income of $3.5 million, or $0.19 per diluted s ...

NORTHVILLE, Mich., April 28, 2025 /PRNewswire/ -- Cooper Standard (NYSE: CPS) has been named to USA TODAY's list of America's Climate Leaders 2025. This prestigious award is presented by USA TODAY and Statista, the world-leading statistics portal and industry ranking provider. The award list was announced on April 22 and can be viewed on usatoday.com. Cooper Standard, headquartered in Northville, Mich., with locations in 20 countries, is a leading global supplier of sealing and fluid handling systems and co ...