Financial Data and Key Metrics Changes - Second quarter 2025 sales were $706 million, a decrease of 0.3% compared to 2024, primarily due to unfavorable volume and mix, including net customer price adjustments, partially offset by favorable foreign exchange [11] - Adjusted EBITDA for the quarter was $62.8 million, an increase of over 23% from $50.9 million in the second quarter of last year, with margin expansion of 170 basis points despite lower sales and production volumes [12] - The company reported a small net loss of $1.4 million in the second quarter compared to a net loss of $76.2 million in 2024, with adjusted net income of $1 million or $0.06 per diluted share compared to an adjusted net loss of $11.3 million or $0.64 per diluted share in the previous year [12][13] Business Line Data and Key Metrics Changes - The sealing business is expected to drive revenue growth of about 6% on average over the next five years, with significant expansion of EBITDA margins and return on capital increasing to approximately 20% by 2030 [25] - The fluid handling business anticipates top-line growth averaging approximately 8% annually over the next five years, with EBITDA margins expected to increase to around 16% and return on invested capital approaching 30% [25] Market Data and Key Metrics Changes - The company was awarded $77 million in net new business awards during 2025, reflecting strong relationships with customers and operational excellence [9] - The company has successfully reached agreements with customers to pass through or recover the majority of direct tariff impacts on its business, allowing for a focus on operational excellence [28] Company Strategy and Development Direction - The company has established four strategic imperatives to drive significant improvements across its business, focusing on operational excellence, cost optimization, and leveraging digital tools for efficiency [20][21] - Long-term strategies for each business segment have been developed to achieve stated imperatives and enhance value creation over the next several years, with enthusiastic support from the board of directors [21][22] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving positive free cash flow for the full year, supported by improved results and solid future prospects recognized by stakeholders [19] - The company noted that while industry production forecasts for the second half of the year have improved slightly, they remain below earlier expectations due to trade and tariff policies [28] Other Important Information - The company ended the second quarter with a cash balance of approximately $122 million and total liquidity of approximately $273 million, which is deemed sufficient to support ongoing business plans [18] - The company is actively evaluating options to strengthen its balance sheet and improve cash flows, with optimism about refinancing first and third lien notes under more favorable terms [19] Q&A Session Summary Question: Clarification on incremental revenue and new business - The incremental revenue for sealing includes $300 million in net new business, with the remaining $100 million attributed to modest increases in production or pricing [36] Question: Margin expansion and optimization in a tariff environment - The company has a detailed quote process for new business, tracking variable contribution margins and managing pricing closely to ensure real improvements in margins [45][46] Question: Cash restructuring and working capital - Cash restructuring was less than $10 million, and the company expects working capital use to unwind completely in the second half of the year, contributing to positive cash flow [64][68]

Financial Data and Key Metrics Changes - Second quarter 2025 sales were $706 million, a decrease of 0.3% compared to 2024, primarily due to unfavorable volume and mix, including net customer price adjustments, partially offset by favorable foreign exchange [12] - Adjusted EBITDA for the quarter was $62.8 million, an increase of more than 23% compared to $50.9 million in the second quarter of last year, with margin expansion of 170 basis points despite lower sales and production volumes [13] - The company reported a small net loss of $1.4 million in the second quarter compared to a net loss of $76.2 million in 2024, with adjusted net income for 2025 being positive at $1 million or $0.06 per diluted share [13][14] - For the first half of 2025, sales dipped due to unfavorable foreign exchange and slightly lower volume mix, but gross profit margin increased by 200 basis points and adjusted EBITDA margin improved by 300 basis points compared to the same period last year [14][18] Business Line Data and Key Metrics Changes - The sealing business is expected to drive revenue growth of about 6% on average over the next five years, with significant expansion of EBITDA margins and return on capital increasing to approximately 20% by 2030 [25] - The fluid handling business anticipates top-line growth averaging approximately 8% annually over the next five years, with EBITDA margins expected to increase to around 16% and return on invested capital approaching 30% [26] Market Data and Key Metrics Changes - The company was awarded $77 million in net new business awards during 2025, reflecting strong relationships with customers and operational excellence [10] - The company has successfully reached agreements with customers to pass through or recover the majority of direct tariff impacts on its business, allowing for a focus on operational excellence [29] Company Strategy and Development Direction - The company has established four strategic imperatives to drive significant improvements across its business, focusing on operational excellence, cost optimization, and leveraging digital tools for efficiency [21][22] - Long-term strategies for each operating segment have been developed to achieve stated strategic imperatives and enhance value creation over the next several years [22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving positive free cash flow for the full year, supported by solid results in the first half and expectations for production volumes [20] - The company is better positioned than ever to execute its strategic plans and deliver on its commitments, despite ongoing challenges in the industry [27][28] Other Important Information - The company ended the second quarter with a cash balance of approximately $122 million and total liquidity of approximately $273 million, which is deemed sufficient to support business plans and growth objectives [19] - The company is actively evaluating options to strengthen its balance sheet and improve cash flows, with a focus on refinancing its first and third lien notes [20] Q&A Session Summary Question: Clarification on incremental revenue from sealing - The incremental revenue includes $400 million, with $300 million being net new business and the remaining $100 million from modest increases in production or pricing [34][35] Question: Details on fluid business incremental revenue - The fluid business is expected to have $600 million in incremental revenue, with net new business included in the outlook [38][41] Question: Margin expansion and optimization in a tariff environment - The company has a detailed quote process for new business, tracking variable contribution margins and managing pricing closely to ensure real and achievable margins [43][44] Question: Cash restructuring and working capital use - Cash restructuring was less than $10 million, and the company expects working capital use to unwind completely in the second half of the year [62][64] Question: Potential rate reduction from refinancing - The company is optimistic about a potential improvement in rates when refinancing, with expectations of a reduction of 100 to 300 basis points [67][69]

Financial Performance - Q2 2025 - Sales reached $706 million, slightly down from $708.4 million in Q2 2024[13] - Gross profit increased to $93.1 million, compared to $82.9 million in Q2 2024, with a margin of 13.2% versus 11.7%[13] - Adjusted EBITDA was $62.8 million, up from $50.9 million in Q2 2024, resulting in a margin of 8.9% compared to 7.2%[13] - Net loss was $1.4 million, a significant improvement from the $76.2 million loss in Q2 2024[13] Financial Performance - First Half 2025 - Sales totaled $1.373 billion, a slight decrease from $1.3848 billion in the first half of 2024[13] - Gross profit increased to $170.2 million from $144.6 million, with a margin increase from 10.4% to 12.4%[13] - Adjusted EBITDA rose to $121.5 million from $80.3 million, with a margin increase from 5.8% to 8.8%[13] - Net income was $0.2 million, a substantial improvement from a loss of $107.9 million in the first half of 2024[13] Cash Flow and Liquidity - Free cash flow was negative $23.4 million for Q2 2025, nearly the same as negative $23.3 million in Q2 2024[22] - Net cash used in operating activities was $15.6 million in Q2 2025, compared to $12 million in Q2 2024[22] Strategic Initiatives and Outlook - The company reaffirms its focus on achieving double-digit EBITDA margins, ROIC, and strong free cash flow generation[27] - Full year 2025 sales guidance is between $2.7 billion and $2.8 billion[43] - Adjusted EBITDA guidance for FY 2025 is between $220 million and $250 million[43]

Executive Summary & Highlights [Second Quarter 2025 Consolidated Financial Highlights](index=1&type=section&id=Second%20Quarter%202025%20Highlights) Cooper Standard reported strong second quarter 2025 results, exceeding expectations with significant year-over-year improvements in profitability metrics, including gross profit, operating income, and adjusted EBITDA, while substantially reducing net loss | Metric | Q2 2025 (Millions) | Q2 2024 (Millions) | Change (Millions) | Change (%) | | :--------------------------------- | :------------------ | :------------------ | :---------------- | :--------- | | Sales | $706.0 | $708.4 | $(2.4) | -0.3% | | Net (loss) income | $(1.4) | $(76.2) | $74.8 | 98.2% | | Adjusted net income (loss) | $1.0 | $(11.3) | $12.3 | 108.8% | | (Loss) income per diluted share | $(0.08) | $(4.34) | $4.26 | 98.2% | | Adjusted income (loss) per diluted share | $0.06 | $(0.64) | $0.70 | 109.4% | | Adjusted EBITDA | $62.8 | $50.9 | $11.9 | 23.4% | - Gross profit increased by **12.2% to $93.1 million** compared to Q2 2024[6](index=6&type=chunk) - Operating income surged by **234.5% to $37.3 million** compared to Q2 2024[6](index=6&type=chunk) - Adjusted EBITDA reached **$62.8 million**, representing **8.9% of sales**, an increase of **$11.9 million** year-over-year[6](index=6&type=chunk) [Management Commentary](index=1&type=section&id=Management%20Commentary) Jeffrey Edwards, Chairman and CEO, highlighted the global team's efforts in exceeding first and second-quarter plans and expressed confidence in the second half's execution to offset lower light vehicle production and inflation, leading to raised full-year adjusted EBITDA guidance - Operating performance and financial results in Q1 and Q2 2025 exceeded the company's plan[4](index=4&type=chunk) - Full year adjusted EBITDA guidance has been raised due to strong execution and expected offsets to lower light vehicle production and inflationary headwinds[4](index=4&type=chunk) Financial Performance Analysis [Consolidated Results](index=1&type=section&id=Consolidated%20Results) Consolidated results for Q2 and H1 2025 showed a slight decline in sales but significant improvements in net income (loss) and adjusted profitability, driven by efficiency gains and reduced special items [Sales and Net Income (Loss)](index=1&type=section&id=Sales%20and%20Net%20%28loss%29%20income) Sales for Q2 2025 slightly decreased by 0.3% due to unfavorable volume and mix, while net loss significantly improved from $76.2 million in Q2 2024 to $1.4 million in Q2 2025, primarily due to lower restructuring charges | Metric | Three Months Ended June 30, 2025 (Millions) | Three Months Ended June 30, 2024 (Millions) | Six Months Ended June 30, 2025 (Millions) | Six Months Ended June 30, 2024 (Millions) | | :-------------------------- | :------------------------------------------ | :------------------------------------------ | :---------------------------------------- | :---------------------------------------- | | Sales | $706.0 | $708.4 | $1,373.0 | $1,384.8 | | Net (loss) income | $(1.4) | $(76.2) | $0.2 | $(107.9) | | (Loss) income per diluted share | $(0.08) | $(4.34) | $0.01 | $(6.16) | - Sales declined by **0.3%** in Q2 2025, primarily due to unfavorable volume and mix, including net customer price adjustments, partially offset by foreign exchange[4](index=4&type=chunk) - Net loss for Q2 2025 was **$1.4 million**, a significant improvement from **$76.2 million** in Q2 2024, largely due to reduced restructuring charges (**$2.9 million** vs. **$17.8 million**) and other special items[5](index=5&type=chunk) [Profitability Metrics (Gross Profit, Operating Income, Adjusted EBITDA)](index=1&type=section&id=Profitability%20Metrics) Adjusted net income improved significantly to $1.0 million in Q2 2025 from a loss of $11.3 million in Q2 2024, driven by increased manufacturing and purchasing efficiency and savings from headcount initiatives, despite inflationary pressures | Metric | Three Months Ended June 30, 2025 (Millions) | Three Months Ended June 30, 2024 (Millions) | Six Months Ended June 30, 2025 (Millions) | Six Months Ended June 30, 2024 (Millions) | | :--------------------------------- | :------------------------------------------ | :------------------------------------------ | :---------------------------------------- | :---------------------------------------- | | Adjusted net income (loss) | $1.0 | $(11.3) | $4.5 | $(41.9) | | Adjusted income (loss) per diluted share | $0.06 | $(0.64) | $0.25 | $(2.39) | | Adjusted EBITDA | $62.8 | $50.9 | $121.5 | $80.3 | - The year-over-year improvement in adjusted net income and adjusted EBITDA was primarily driven by increased manufacturing and purchasing efficiency and savings realized from past headcount initiatives[5](index=5&type=chunk)[7](index=7&type=chunk) - These positive drivers were partially offset by unfavorable volume, mix and price, and ongoing general inflation[5](index=5&type=chunk)[7](index=7&type=chunk) [Segment Results of Operations](index=2&type=section&id=Segment%20Results%20of%20Operations) Both Sealing Systems and Fluid Handling Systems segments experienced slight sales declines in Q2 2025 but demonstrated strong Adjusted EBITDA growth, primarily due to cost reductions and efficiency gains [Sales by Segment](index=2&type=section&id=Sales%20to%20external%20customers) Sales for Sealing Systems and Fluid Handling Systems segments saw minor declines in Q2 2025, mainly attributable to unfavorable volume/mix, with some offset from foreign exchange | Segment | Q2 2025 Sales (Thousands) | Q2 2024 Sales (Thousands) | Change (Thousands) | Variance Due To: Volume/Mix* (Thousands) | Variance Due To: Foreign Exchange (Thousands) | | :-------------------- | :------------------------ | :------------------------ | :----------------- | :--------------------------------------- | :------------------------------------------ | | Sealing systems | $364,368 | $364,946 | $(578) | $(4,243) | $3,665 | | Fluid handling systems | $322,430 | $322,742 | $(312) | $(887) | $575 | * Net of customer price adjustments, including recoveries [Adjusted EBITDA by Segment](index=2&type=section&id=Segment%20EBITDA%20adjusted) Adjusted EBITDA for Sealing Systems increased by $5.3 million and for Fluid Handling Systems by $10.7 million in Q2 2025, largely driven by cost decreases and savings from 2024 restructuring initiatives | Segment | Q2 2025 Adjusted EBITDA (Thousands) | Q2 2024 Adjusted EBITDA (Thousands) | Change (Thousands) | Variance Due To: Volume/Mix* (Thousands) | Variance Due To: Foreign Exchange (Thousands) | Variance Due To: Cost Decreases/(Increases)** (Thousands) | | :-------------------- | :---------------------------------- | :---------------------------------- | :----------------- | :--------------------------------------- | :------------------------------------------ | :------------------------------------------------------- | | Sealing systems | $40,345 | $35,035 | $5,310 | $(7,777) | $(61) | $13,148 | | Fluid handling systems | $26,997 | $16,282 | $10,715 | $(7,689) | $7,300 | $11,104 | * Net of customer price adjustments, including recoveries ** Net of savings from 2024 restructuring initiatives Business Developments [New Business Awards](index=2&type=section&id=New%20Business%20Awards) Cooper Standard secured significant new business awards in Q2 2025, totaling $77.1 million in anticipated future annualized sales, with a year-to-date total of $132.0 million, primarily focused on battery-electric and hybrid vehicle platforms - Net new business awards in Q2 2025 totaled **$77.1 million** in anticipated future annualized sales[9](index=9&type=chunk) - Through the first six months of 2025, the Company received **$132.0 million** in net new business awards, primarily related to battery-electric and hybrid vehicle platforms[9](index=9&type=chunk) Financial Position & Outlook [Cash and Liquidity](index=3&type=section&id=Cash%20and%20Liquidity) As of June 30, 2025, Cooper Standard maintained a healthy liquidity position with $121.6 million in cash and cash equivalents and $272.8 million in total liquidity, which is considered sufficient to support ongoing operations and strategic initiatives | Metric | As of June 30, 2025 (Millions) | | :-------------------------- | :----------------------------- | | Cash and cash equivalents | $121.6 | | Total liquidity | $272.8 | - The Company believes it has sufficient financial resources, including current cash, flexible credit facilities, and expected future positive cash generation, to support operations and strategic initiatives for the foreseeable future[14](index=14&type=chunk) [Full Year 2025 Outlook and Guidance](index=3&type=section&id=Outlook) Cooper Standard has raised its full-year 2025 adjusted EBITDA guidance to $220-$250 million, while maintaining sales guidance, reflecting confidence in operational excellence despite anticipated lower light vehicle production volumes in North America | Metric | Initial 2025 Guidance | Current 2025 Guidance | | :-------------------- | :-------------------- | :-------------------- | | Sales | $2.7 - $2.8 billion | $2.7 - $2.8 billion | | Adjusted EBITDA | $200 - $235 million | $220 - $250 million | | Capital Expenditures | $45 - $55 million | $45 - $55 million | | Cash Restructuring | $20 - $25 million | $20 - $25 million | | Net Cash Interest | $105 - $115 million | $105 - $115 million | | Net Cash Taxes | $30 - $35 million | $25 - $30 million | | Region | Initial 2025 Light Vehicle Production Assumptions (Units) | Current 2025 Light Vehicle Production Assumptions (Units) | | :-------------- | :------------------------------------------------------ | :------------------------------------------------------ | | North America | 15.1 million | 14.9 million | | Europe | 16.6 million | 16.7 million | | Greater China | 30.2 million | 31.2 million | | South America | 3.1 million | 3.2 million | - The Company believes it is well-positioned to manage through potential tariffs and remains confident that successful execution of its plans will drive increasing profit margins over time as markets stabilize, despite trade-related uncertainty[15](index=15&type=chunk) Company Information & Disclosures [About Cooper Standard](index=4&type=section&id=About%20Cooper%20Standard) Cooper Standard is a global leader in sealing and fluid handling systems and components, headquartered in Northville, Michigan, with operations in 20 countries and approximately 22,000 team members - Cooper Standard is a leading global supplier of sealing and fluid handling systems and components, operating in **20 countries**[20](index=20&type=chunk) - The company utilizes materials science and manufacturing expertise to create innovative and sustainable engineered solutions for diverse transportation and industrial markets[20](index=20&type=chunk) [Forward-Looking Statements](index=5&type=section&id=Forward%20Looking%20Statements) This section clarifies that the press release contains forward-looking statements, which are based on current expectations and assumptions but are subject to significant risks and uncertainties that could cause actual results to differ materially - Forward-looking statements are based upon current expectations and various assumptions, but are not guarantees of future performance and are subject to significant risks and uncertainties[21](index=21&type=chunk) - Key risk factors include volatility of stock price, impacts of global conflicts, ability to offset higher costs, labor disruptions, contractions in automotive sales, pricing pressures, supply chain disruptions, and risks associated with international operations[21](index=21&type=chunk) [Non-GAAP Financial Measures](index=10&type=section&id=Non-GAAP%20Financial%20Measures) This section defines non-GAAP financial measures such as EBITDA, adjusted EBITDA, adjusted net income (loss), adjusted EPS, free cash flow, and net new business, explaining their use by management and investors for evaluating operating performance, while emphasizing they are not substitutes for GAAP measures - Non-GAAP measures like EBITDA, adjusted EBITDA, adjusted net income (loss), adjusted EPS, free cash flow, and net new business are used by management and investors as key indicators of operating performance[30](index=30&type=chunk) - These measures exclude certain non-cash and special items to provide insight into core financial activities but should be used as supplements to, not alternatives for, U.S. GAAP measures[30](index=30&type=chunk)[31](index=31&type=chunk) Condensed Consolidated Financial Statements [Condensed Consolidated Statements of Operations](index=7&type=section&id=CONDENSED%20CONSOLIDATED%20STATEMENTS%20OF%20OPERATIONS) The unaudited condensed consolidated statements of operations present the company's revenues, costs, and profitability for the three and six months ended June 30, 2025 and 2024, showing a significant reduction in net loss year-over-year | Metric | Q2 2025 (Thousands) | Q2 2024 (Thousands) | H1 2025 (Thousands) | H1 2024 (Thousands) | | :------------------------------------------------ | :------------------ | :------------------ | :------------------ | :------------------ | | Sales | $705,973 | $708,362 | $1,373,042 | $1,384,787 | | Gross profit | $93,051 | $82,940 | $170,229 | $144,583 | | Operating income | $37,279 | $11,146 | $59,543 | $14,629 | | Net (loss) income attributable to Cooper-Standard Holdings Inc. | $(1,401) | $(76,243) | $151 | $(107,903) | | Diluted (Loss) income per share | $(0.08) | $(4.34) | $0.01 | $(6.16) | [Condensed Consolidated Balance Sheets](index=8&type=section&id=CONDENSED%20CONSOLIDATED%20BALANCE%20SHEETS) The unaudited condensed consolidated balance sheets provide a snapshot of Cooper Standard's financial position as of June 30, 2025, compared to December 31, 2024, detailing assets, liabilities, and equity | Metric | June 30, 2025 (Thousands) | December 31, 2024 (Thousands) | | :-------------------------- | :-------------------------- | :---------------------------- | | Total current assets | $885,390 | $805,256 | | Total assets | $1,819,711 | $1,733,065 | | Total current liabilities | $633,894 | $576,783 | | Total liabilities | $1,925,093 | $1,866,435 | | Total equity | $(105,382) | $(133,370) | [Condensed Consolidated Statements of Cash Flows](index=9&type=section&id=CONDENSED%20CONSOLIDATED%20STATEMENTS%20OF%20CASH%20FLOWS) The unaudited condensed consolidated statements of cash flows outline the cash generated or used in operating, investing, and financing activities for the six months ended June 30, 2025 and 2024, showing a decrease in cash and cash equivalents | Metric | H1 2025 (Thousands) | H1 2024 (Thousands) | | :------------------------------------------------ | :------------------ | :------------------ | | Net cash used in operating activities | $(30,431) | $(26,212) | | Net cash used in investing activities | $(22,757) | $(27,835) | | Net cash used in financing activities | $(4,357) | $(3,493) | | Changes in cash, cash equivalents and restricted cash | $(51,126) | $(62,120) | | Cash, cash equivalents and restricted cash at end of period | $127,571 | $100,941 | Reconciliation of Non-GAAP Financial Measures [EBITDA and Adjusted EBITDA Reconciliation](index=11&type=section&id=EBITDA%20and%20Adjusted%20EBITDA) This section provides a reconciliation of net (loss) income to EBITDA and Adjusted EBITDA for Q2 and H1 2025 and 2024, detailing adjustments for restructuring charges, gain on sale of businesses, and pension settlement charges | Metric | Q2 2025 (Thousands) | Q2 2024 (Thousands) | H1 2025 (Thousands) | H1 2024 (Thousands) | | :------------------------------------------------ | :------------------ | :------------------ | :------------------ | :------------------ | | Net (loss) income attributable to Cooper Standard Holdings Inc. | $(1,401) | $(76,243) | $151 | $(107,903) | | EBITDA | $59,913 | $(13,655) | $116,615 | $14,560 | | Adjusted EBITDA | $62,765 | $50,913 | $121,480 | $80,261 | | Adjusted EBITDA margin | 8.9% | 7.2% | 8.8% | 5.8% | [Adjusted Net Income (Loss) and Adjusted EPS Reconciliation](index=12&type=section&id=Adjusted%20Net%20Income%20%28Loss%29%20and%20Adjusted%20Net%20Income%20%28Loss%29%20Per%20Share) This reconciliation details the adjustments made to net (loss) income to arrive at adjusted net income (loss) and adjusted earnings (loss) per share for Q2 and H1 2025 and 2024, including the tax impact of these adjustments | Metric | Q2 2025 (Thousands) | Q2 2024 (Thousands) | H1 2025 (Thousands) | H1 2024 (Thousands) | | :------------------------------------------------ | :------------------ | :------------------ | :------------------ | :------------------ | | Net (loss) income attributable to Cooper-Standard Holdings Inc. | $(1,401) | $(76,243) | $151 | $(107,903) | | Adjusted net income (loss) | $1,023 | $(11,277) | $4,477 | $(41,879) | | Diluted (Loss) income per share | $(0.08) | $(4.34) | $0.01 | $(6.16) | | Adjusted income (loss) per share (Diluted) | $0.06 | $(0.64) | $0.25 | $(2.39) | [Free Cash Flow Reconciliation](index=12&type=section&id=Free%20Cash%20Flow) This section defines and reconciles free cash flow, showing net cash used in operating activities minus capital expenditures for the three and six months ended June 30, 2025 and 2024 | Metric | Q2 2025 (Thousands) | Q2 2024 (Thousands) | H1 2025 (Thousands) | H1 2024 (Thousands) | | :-------------------------------- | :------------------ | :------------------ | :------------------ | :------------------ | | Net cash used in operating activities | $(15,580) | $(12,013) | $(30,431) | $(26,212) | | Capital expenditures | $(7,772) | $(11,243) | $(25,315) | $(28,077) | | Free cash flow | $(23,352) | $(23,256) | $(55,746) | $(54,289) |

Core Insights - Cooper-Standard Holdings Inc. reported second quarter 2025 results that exceeded expectations, with an optimistic outlook for the second half of the year despite challenges in light vehicle production and inflationary pressures [3][4][15] Financial Performance - Sales for Q2 2025 were $706.0 million, a slight decline of 0.3% from $708.4 million in Q2 2024 [3][27] - The net loss for Q2 2025 was $1.4 million, significantly improved from a net loss of $76.2 million in Q2 2024 [4][27] - Adjusted net income for Q2 2025 was $1.0 million, compared to an adjusted net loss of $11.3 million in Q2 2024, marking a year-over-year improvement of $12.3 million [4][37] - Adjusted EBITDA for Q2 2025 was $62.8 million, up from $50.9 million in Q2 2024, driven by improved manufacturing efficiency [5][34] Business Developments - The company secured net new business awards totaling $77.1 million in anticipated future annualized sales during Q2 2025, bringing the total for the first half of 2025 to $132.0 million, primarily related to battery-electric and hybrid vehicle platforms [7][15] Segment Performance - Gross profit for Q2 2025 was $93.1 million, an increase of 12.2% compared to Q2 2024 [9] - Operating income for Q2 2025 was $37.3 million, a substantial increase of 234.5% from Q2 2024 [9] Cash and Liquidity - As of June 30, 2025, the company had cash and cash equivalents of $121.6 million, with total liquidity of $272.8 million [13][14] Outlook and Guidance - The company raised its full-year adjusted EBITDA guidance to a range of $220 million to $250 million, while maintaining sales guidance of $2.7 billion to $2.8 billion [16] - The company anticipates that operational excellence will help mitigate the impact of potential lower light vehicle production volumes in the second half of the year [15][16]

Jeffrey Edwards, Cooper Standard's chairman and CEO, will discuss the Company's business and strategies in a presentation at 12:35 p.m. ET. The presentation will be accessible to the public by live webcast. A link to the webcast and presentation materials will be available in advance on Cooper Standard's website at https://ir.cooperstandard.com/. About Cooper Standard Contact for Media: Chris Andrews Cooper Standard (248) 596-6217 [email protected] NORTHVILLE, Mich., July 29, 2025 /PRNewswire/ -- Cooper Sta ...

Core Insights - Cooper Standard collaborates with Renault Group on the Renault Emblème project, focusing on eco-conscious vehicle design to reduce CO2 emissions throughout its lifecycle [1][2] - The project features Cooper Standard's innovative sealing systems, including the FlexiCore™ thermoplastic body seal and FlushSeal™ sealing system, which enhance vehicle performance while supporting climate goals [2][3] Collaboration Details - The partnership marks a transition from traditional rubber-plus-metal sealing designs to a 100% thermoplastic solution, resulting in a lighter vehicle architecture that significantly lowers CO2 emissions during production [3] - The FlexiCore seal is fully recyclable, contributing to material efficiency and environmental sustainability [3] Product Innovations - The Emblème demo car is the first to utilize a fully colored visible surface on an automotive door seal, allowing for greater aesthetic customization and brand differentiation [5] - The FlushSeal sealing system, introduced in 2019, features an aerodynamic design that enhances window guidance and offers lightweight material options, merging style with technology [4][5] Company Overview - Cooper Standard is a leading global supplier of sealing and fluid handling systems, with a workforce of approximately 22,000 across 20 countries [7]

Financial Results Announcement - Cooper-Standard Holdings Inc. is set to release its financial results for the second quarter of 2025 on July 31 after market close [1] - The earnings results will be available on the Cooper Standard website once released [1] Conference Call Details - A conference call will be held on August 1 at 9 a.m. ET, featuring Chairman and CEO Jeffrey Edwards and CFO Jonathan Banas [2] - The call will cover financial results, a general business update, and a Q&A session for investors [2] - Participants can join the call via a toll-free number for the U.S. and Canada or an international number [3] Webcast and Replay - A replay of the conference call will be accessible on the investors' section of the Cooper Standard website shortly after the live event [4] Company Overview - Cooper Standard is headquartered in Northville, Michigan, and operates in 20 countries as a leading global supplier of sealing and fluid handling systems [5] - The company employs approximately 22,000 team members, including contingent workers, focusing on innovative and sustainable engineered solutions for various markets [5]

Core Viewpoint - Canadian Premium Sand Inc. is advancing its solar glass manufacturing plans, focusing on a US facility that aims to produce 4GW of solar glass annually while also navigating challenges related to trade policies and tariffs affecting its Canadian project [1][2][7]. US Project - The US Project involves a proposed solar glass manufacturing facility expected to produce 4GW of pattern solar glass annually [2]. - A Letter of Intent has been signed for a 12-year lease of a property with existing infrastructure, which will facilitate a capital-efficient market entry [3]. - The site aligns with US federal goals to reshore manufacturing and has secured MOUs for approximately 50% of its production capacity [4]. - The capital cost for the US Project is estimated at around US$350 million, with pre-construction engineering efforts underway [5]. Selkirk Project - The Selkirk Project in Manitoba aims to establish a vertically integrated solar glass manufacturing facility, but faces financing challenges due to US import tariffs on Canadian goods [7]. - The stability of the Canada-US trade relationship is crucial for advancing the Selkirk Project [7]. Policy Changes Impacting the North American Solar Market - Proposed amendments to the Inflation Reduction Act could eliminate domestic content bonuses, affecting the pricing competitiveness of US-made solar glass [8]. - New regulations targeting Prohibited Foreign Entities may significantly impact the import of solar glass from Asia-Pacific, potentially enhancing the commercial viability of North American production [9]. Company Overview - Canadian Premium Sand Inc. owns a large silica sand deposit and is developing manufacturing capacity for ultra-high-clarity pattern solar glass, with a combined capacity of 10GW across its US and Canadian facilities [11][12].

Group 1 - Cooper-Standard's stock surged 44% on May 2 following the announcement of Q1 2025 results [1] - The reported EPS of $0.09 significantly exceeded the expected EPS of -$1.14, primarily due to a royalty payment [1] Group 2 - The company is focused on identifying firms with high potential for revenue and earnings growth that are not fully reflected in current market prices [1] - The investment strategy emphasizes long-term holdings, with a preference for less cyclical and higher growth sectors [1]