CANTON, Ohio, April 17, 2025 /PRNewswire/ -- Metallus (NYSE: MTUS), a leader in high-quality specialty metals, manufactured components, and supply chain solutions, will release its first-quarter 2025 results on Thursday, May 8, after the market closes on the New York Stock Exchange. The company will provide live Internet listening access to its conference call with the financial community scheduled for Friday, May 9, 2025, at 9:00 a.m. ET. The live conference call will be broadcast at investors.metallus.com ...

Investor Presentation February 2025 Forward-Looking Statements & Non-GAAP Financial Measures Forward-looking statements This presentation includes "forward-looking" statements within the meaning of the federal securities laws. You can generally identify the company's forward-looking statements by words such as "will," "anticipate," "aspire," "believe," "could," "estimate," "expect," "forecast," "outlook," "intend," "may," "plan," "possible," "potential," "predict," "project," "seek," "target," "should," "wo ...

Financial Data and Key Metrics Changes - In Q4 2024, net sales totaled $240.5 million, a sequential increase of $13.3 million or 6% driven by higher shipments of 10,300 tons [31] - The company reported a GAAP net loss of $21.4 million in Q4, translating to a loss of $0.50 per diluted share, while the adjusted net loss was $3.3 million or $0.08 per diluted share [32] - Adjusted EBITDA for Q4 was $8.3 million, a sequential increase of $2.2 million, primarily due to higher shipments and a favorable product mix [32] Business Line Data and Key Metrics Changes - Aerospace and defense shipments increased to approximately 11,000 tons in Q4 from about 3,000 tons in Q3, with full-year sales rising by 17% to nearly $135 million [23] - Shipments to energy customers increased by 78% sequentially, although from a low base, indicating a recovery in the energy sector [16] - Automotive shipments increased by 3% sequentially, with the company targeting approximately 40% of shipments to the automotive sector in 2025 [20][21] Market Data and Key Metrics Changes - The trade environment is expected to improve due to a new tariff of at least 25% on steel long products, which is anticipated to boost domestic demand [12][13] - The company noted a decline in shipments to industrial customers by 6% sequentially, primarily due to weakness in distribution and heavy equipment [15] Company Strategy and Development Direction - The company is focused on enhancing customer relationships, investing in workforce training, and improving safety and efficiency in operations [7][8] - Metallus Inc. aims to grow aerospace and defense sales to over $250 million by 2026, leveraging partnerships and new product developments [27][26] - The company is committed to a capital allocation strategy that includes strategic investments and a share repurchase program to provide value to shareholders [8][42] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about an improving order book and increased shipments as they enter 2025, despite challenges in 2024 due to weak market demand [8][47] - The company anticipates first-quarter adjusted EBITDA to be higher than in Q4, with expected increases in shipments across various end markets [47] - Management highlighted the importance of safety and operational efficiency as key focus areas moving forward [29] Other Important Information - The company invested approximately $8 million in safety improvements in 2024 and plans to invest an additional $5 million in 2025 [10] - Operating cash flow for Q4 was $13.9 million, with full-year operating cash flow totaling $40.3 million [35] - The company repurchased 2 million shares for $37.6 million in 2024, reducing outstanding shares by nearly 5% [42] Q&A Session Summary Question: Demand profile in Q4 and expectations for Q1 - Management noted a healthy development in the order book driven by recapture of automotive business and restocking from distribution, with positive momentum attributed to the trade environment [56][59] Question: Expected downtime in Q1 - Management confirmed that there is no expected or planned downtime, although there were power interruptions due to severe cold weather in January [64] Question: Clarification on $80 million target and IT upgrades - Management clarified that IT transformation upgrades are independent of other investments, with ongoing support required for existing projects [66] Question: Share repurchase clarification - Management confirmed that the share count reduction is from the fourth quarter, with an average estimate of 44 million shares for 2025 [69] Question: Seasonality expectations for 2025 - Management expects a potential Q1 bump due to restocking but anticipates that demand will level out as customers secure domestic supply [76] Question: Automotive market outlook - Management sees modest increases in automotive demand in 2025, influenced by interest rates and consumer buying patterns [108]

CANTON, Ohio, Feb. 28, 2025 /PRNewswire/ -- Metallus (NYSE: MTUS), a leader in high-quality specialty metals, manufactured components, and supply chain solutions, released its fourth-quarter and full-year 2024 results on Thursday, February 27 on the New York Stock Exchange.The company will provide live Internet listening access to its conference call with the financial community scheduled for Friday, February 28, 2025, at 9:00 a.m. ET. The live conference call will be broadcast at investors.metallus.com. A ...

Metallus (MTUS) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -900%. A quarter ago, it was expected that this maker of steel large bars and seamless mechanical tubing would post earnings of $0.06 per share when it actually produced a loss of $0.09, delivering a surprise of -250%.Over the last fou ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 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: 1-36313 METALLUS INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R. ...

Metallus Announces Fourth-Quarter and Full-Year 2024 Results CANTON, Ohio: February 27, 2025 – Metallus (NYSE: MTUS), a leader in high-quality specialty metals, manufactured components and supply chain solutions, today reported fourth-quarter 2024 net sales of $240.5 million and net loss of $21.4 million, or a loss of $0.50 per diluted share. On an adjusted basis (1) , the fourth- quarter 2024 net loss was $3.3 million, or a loss of $0.08 per diluted share, and adjusted EBITDA was $8.3 million. This compare ...

Net sales of $240.5 million in the fourth quarter and $1.1 billion for the full year Fourth-quarter net loss of $21.4 million and full-year net income of $1.3 million with adjusted EBITDA(1) of $8.3 million in the fourth quarter and $77.7 million for the full year Operating cash flow of $13.9 million in the fourth quarter with $40.3 million for the full year For the full year, invested $64.3 million in capital expenditures and $54.8 million to repurchase common shares and convertible notes Cash and cash eq ...

CANTON, Ohio, Feb. 5, 2025 /PRNewswire/ -- Metallus (NYSE: MTUS), a leader in high-quality specialty metals, manufactured components, and supply chain solutions, will release its fourth-quarter and full-year 2024 results on Thursday, February 27, after the market closes on the New York Stock Exchange. The company will provide live Internet listening access to its conference call with the financial community scheduled for Friday, February 28, 2025, at 9:00 a.m. ET. The live conference call will be broadcast ...

Metallus Inc. (NYSE:MTUS) Q3 2024 Earnings Conference Call November 8, 2024 9:00 AM ET Company Participants Jennifer Beeman - Director Communications & IR Mike Williams - President and CEO Kris Westbrooks - EVP and CFO Conference Call Participants John Franzreb - Sidoti and Company Robert Lynch - Stonegate Capital Partners Operator Good morning. My name is Audra, and I will be your conference operator today. At this time, I would like to welcome everyone to the Third Quarter 2024 Metallus Inc. Earnings Call ...