Fourth quarter sales of $223 million, record annual sales of $995 million Full year adjusted EBITDA margins increased by 140 bps to 6.8% Provides outlook and guidance for full year 2024 NEW ALBANY, Ohio, March 04, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ:CVGI), a diversified industrial products and services company, today announced financial results for its fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Highlights (Compared with prior-year period, where comparisons are noted) Revenue ...

NEW ALBANY, OHIO (March 4, 2024) - CVG (NASDAQ: CVGI), a diversified industrial products and services company, today announced financial results for its fourth quarter and full year ended December 31, 2023. Exhibit 99.1 CVG REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS Fourth quarter sales of $223 million, record annual sales of $995 million Full year adjusted EBITDA margins increased by 140 bps to 6.8% Provides outlook and guidance for full year 2024 Fourth Quarter 2023 Highlights (Compared with prior- ...

NEW ALBANY, Ohio, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (CVG) (NASDAQ:CVGI), a global leader in the design and manufacturing of electrical systems, vehicle components and accessories, plastic products and robotic assemblies, today announced that it has sold its FinishTEK business to Rowmark LLC, effective January 31, 2024. Based in Dalton, Ga., FinishTEK, is a hydrographic and paint decorator with 95,000 square feet of specialized manufacturing and warehouse space and 30 employees. Fini ...

Interest Rate Swaps. To manage our exposure to variable interest rates, we have entered into interest rate swaps to exchange, at a specified interval, the difference between fixed and variable interest amounts calculated by reference to an agreed upon notional principal amount. The interest rate swaps are intended to mitigate the impact of rising interest rates on the Company and covers approximately 50% of outstanding debt under the Term Loan Facility. Any changes in fair value are included in earnings or ...

Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Q3 2023 Earnings Conference Call November 2, 2023 10:00 AM ET Company Participants Andy Cheung - CFO Bob Griffin - Chairman of the Board and Interim President and CEO Conference Call Participants Joe Gomes - NOBLE Capital John Franzreb - Sidoti Gary Prestopino - Barrington Research Steven Martin - Slater Operator Good morning, ladies and gentlemen, and welcome to the CVG's Third Quarter 2023 Earnings Conference Call. During today's presentation, all parties will ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 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 001-34365 COMMERCIAL VEHICLE GROUP, INC. (Exact name of Registrant as specified in its charter) Delaware (State or other juris ...

Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Q2 2023 Earnings Call Transcript August 2, 2023 10:00 AM ET Company Participants Bob Griffin - Chairman, Interim President and CEO Andy Cheung - CFO Conference Call Participants Joe Gomes - NOBLE Capital John Franzreb - Sidoti & Company Gary Prestopino - Barrington Research Operator Good morning, ladies and gentlemen, and welcome to CVG Second Quarter 2023 Earnings Conference Call. During today's presentation, all participants will be in a listen-only mode. Follo ...

2023 Outlook • ● • • ● 11 12 2022 0.13 13 Quarterly Revenues 9.0 9.7 14.1 11.0 253.1 253.0 237.2 224.0 Q3'22 Q4'22 Q2'23 Q1'23 ■Industrial Automation Quarterly Adjusted EBITDA 3.2x 2.7x 2.2x 2.1x 1.8x Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Appendix Non-GAAP Financial Measures The non-GAAP financial measures disclosed by the Company should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP. The financial results calculated in accordance with GAAP and reconciliati ...

Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Q1 2023 Earnings Conference Call May 3, 2023 10:00 AM ET Company Participants Harold Bevis - President and Chief Executive Officer Andy Cheung - Executive Vice President and Chief Financial Officer Conference Call Participants Joe Gomes - NOBLE Capital John Franzreb - Sidoti & Company Barry Haimes - Sage Asset Management Gary Prestopino - Barrington Research Associates Steven Martin - Slater Capital Management Operator Good morning, ladies and gentlemen. And welc ...

eve Q1 – 2023 May 3, 2023 Earnings Presentation See slide 17 for use of non-GAAP financial measures. Q1 2023 Wins of ~$85 Million ACT Research and FTR are forecasting 2023 North American Class 8 truck production levels to be between 312,000 and 320,000 trucks. The 2022 actual Class 8 truck builds according to ACT Research was 315,128 units. • Industry forecasts 4% growth in 2023;Compounded annual growth of 4% for 2023-2027. Connectivity Systems and Electric Vehicles The global electric truck market expected ...