CANTON, Ohio, May 9, 2025 /PRNewswire/ -- Metallus (NYSE: MTUS), a leader in high-quality specialty metals, manufactured components, and supply chain solutions, released its first-quarter 2025 results on Thursday, May 8, 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. A replay of the conference ca ...

Metallus (MTUS) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -36.36%. A quarter ago, it was expected that this maker of steel large bars and seamless mechanical tubing would post earnings of $0.01 per share when it actually produced a loss of $0.08, delivering a surprise of -900%.O ...

Investor Presentation May 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," "would," ...

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 March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Ohio 46-4024951 (I.R.S. Employer Identification No.) For the transition period from to Commission file number: 1-36313 METALLUS INC. (Exact name of registrant as specified in its charter) (State or ot ...

• Net sales of $280.5 million increased 17 percent compared with $240.5 million in the fourth quarter 2024. The increase in net sales was primarily driven by higher shipments and an increase in raw material surcharge revenue per ton due to higher scrap and alloy prices. Compared with the first quarter of 2024, net sales decreased by 13 percent on unfavorable product mix, lower average base sales (1) prices and lower raw material surcharge revenue per ton. 1 Exhibit 99.1 • Net sales of $280.5 million, an inc ...

Financial Performance - The company reported first-quarter 2025 net sales of $280.5 million, a 17% increase from $240.5 million in the fourth quarter of 2024, but a 13% decrease from $321.6 million in the first quarter of 2024 [1][2][3][14] - Net income for the first quarter of 2025 was $1.3 million, or $0.03 per diluted share, compared to a net loss of $21.4 million in the fourth quarter of 2024 and a net income of $24.0 million in the first quarter of 2024 [1][2][3][22] - Adjusted EBITDA for the first quarter of 2025 was $17.7 million, compared to $8.3 million in the fourth quarter of 2024 and $43.4 million in the first quarter of 2024 [1][2][3][22] Operational Insights - The company experienced a 50% increase in order backlog compared to the same period last year, driven by a solid order book and market share gains [4] - Ship tons increased to 152,900 in the first quarter of 2025, a 17% sequential increase, primarily due to higher industrial, automotive, and energy shipments [14] - Manufacturing costs decreased by $12.5 million sequentially due to increased cost absorption from higher production volume [14] Cash Flow and Liquidity - As of March 31, 2025, the company had cash and cash equivalents of $180.3 million and total liquidity of $432.0 million [7][58] - Operating cash flow was an outflow of $38.9 million, primarily due to required pension contributions totaling $52.6 million [7][8] - Capital expenditures for the first quarter were $27.5 million, including $13.9 million for government-funded projects [7][9] Market and Strategic Outlook - The company anticipates second-quarter 2025 adjusted EBITDA to be higher than in the first quarter of 2025, supported by an increasing order book and improved operational performance [11][19] - Planned capital expenditures for the full year of 2025 are approximately $125 million, including about $90 million funded by the U.S. government [19] - The company is focused on strategic investments to drive profitable growth and maintain a share repurchase program [5]

Company Overview - Metallus (NYSE: MTUS) is a leader in high-quality specialty metals, manufactured components, and supply chain solutions, with a focus on recycled scrap metal [3] - The company serves various demanding applications in industrial, automotive, aerospace & defense, and energy end-markets [3] - Metallus has been in the business of producing high-quality steel for over 100 years and employs approximately 1,880 people [3] Financial Performance - Metallus reported sales of $1.1 billion in 2024 [3] - The company is set to release its first-quarter 2025 results on May 8, 2025, after market close [1] Upcoming Events - A live conference call with the financial community is scheduled for May 9, 2025, at 9:00 a.m. ET, which will be accessible via the company's investor website [2] - A replay of the conference call will also be available on the same platform [2]

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]

Metallus (MTUS) Q4 2024 Earnings Call February 28, 2025 09:00 AM ET Company Participants Jennifer Beeman - Director - Communications & Investor RelationsMike Williams - President & Chief Executive OfficerKris Westbrooks - Executive Vice President & Chief Financial OfficerDave Storms - Director of Equity Research Conference Call Participants John Franzreb - Senior Equity AnalystPhilip Gibbs - Director & Equity Research Analyst Operator Good morning. My name is Audra, and I will be your conference operator to ...