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Superior Industries(SUP) - 2023 Q4 - Annual Results
2024-03-07 12:30
Executing strategic priorities to drive long-term, profitable growth Full Year 2023 Financial Highlights: Exhibit 99.1 Superior Reports Full Year and Fourth Quarter 2023 Financial Results Fourth Quarter 2023 Financial Highlights: SOUTHFIELD, MICHIGAN – March 7, 2024– Superior Industries International, Inc. ("Superior" or the "Company") (NYSE:SUP) today reported financial results for the fourth quarter and full year ended December 31, 2023. ($ in millions) | | | | Three Months | | | | Twelve Months | | | --- ...
Superior Industries(SUP) - 2023 Q3 - Quarterly Report
2023-11-01 20:00
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 Registrant's Telephone Number, Including Area Code: (248) 352-7300 For the quarterly period ended September 30, 2023 ☐ 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: 001-06615 SUPERIOR INDUSTRIES INTERNATIONAL, INC. (Exact Name of Registr ...
Superior Industries(SUP) - 2023 Q3 - Earnings Call Transcript
2023-11-01 16:19
Superior Industries International, Inc. (NYSE:SUP) Q3 2023 Earnings Conference Call November 1, 2023 8:30 AM ET Company Participants Tim Trenary – Executive Vice President and Chief Financial Officer Majdi Abulaban – President and Chief Executive Officer Michael Dorah – Senior Vice President and President-North America Conference Call Participants Gary Prestopino – Barrington Research Michael Ward – Benchmark Mehmet Dere – Deutsche Bank Gary Prestopino – Barrington Research Operator Welcome to Superior Indu ...
Superior Industries(SUP) - 2023 Q2 - Earnings Call Transcript
2023-08-06 07:32
Superior Industries International, Inc. (NYSE:SUP) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Tim Trenary - EVP and CFO Majdi Abulaban - President and CEO Conference Call Participants Michael Ward - Benchmark Gary Prestopino - Barrington Research Operator Welcome to Superior Industries Second Quarter 2023 Earnings Call. We are joined this morning by Majdi Abulaban, President and CEO; Tim Trenary, Executive Vice President and CFO. I'll now hand over the call to Tim Trenar ...
Superior Industries(SUP) - 2023 Q2 - Quarterly Report
2023-08-03 20:01
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 ☐ 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: 001-06615 SUPERIOR INDUSTRIES INTERNATIONAL, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 95-2594729 (State or Other Jur ...
Superior Industries(SUP) - 2023 Q1 - Quarterly Report
2023-05-04 20:00
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, 2023 ☐ 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: 001-06615 SUPERIOR INDUSTRIES INTERNATIONAL, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 95-2594729 (State or Other Ju ...
Superior Industries(SUP) - 2022 Q4 - Annual Report
2023-03-02 21:01
Sales and Production - Superior Industries International, Inc. reported that OEM aluminum wheels accounted for approximately 94% of total sales in 2022[13]. - North American light-vehicle production increased to 14.3 million vehicles in 2022, up from 13.0 million in 2021[14]. - Sales to General Motors, Ford, and VW Group each accounted for 10% or more of consolidated sales, with GM at 26% ($431.3 million), Ford at 16% ($253.9 million), and VW Group at 14% ($223.4 million) in 2022[17]. - In 2022, North American light-vehicle production was 14.3 million vehicles, up from 13.0 million in 2021, while Western and Central Europe produced 13.4 million vehicles, compared to 12.8 million in 2021[14]. - Sales to GM in 2022 were $431.3 million (26% of sales), Ford at $253.9 million (16%), and VW Group at $223.4 million (14%), showing significant revenue growth from these key customers[17]. Environmental Initiatives - Superior Industries aims to achieve carbon neutrality by 2039, having reduced its carbon footprint by approximately 9% and emissions per pound of aluminum shipped by 18% compared to 2020 levels[27]. - The cost of environmental compliance was approximately $2.9 million in 2022, expected to remain at similar levels in the future[25]. - Superior Industries has implemented Environmental Management Systems that are ISO14001 certified across all manufacturing plants[26]. - The company continues to develop lightweight solutions and aerodynamic technologies to assist in reducing customers' carbon footprints[28]. Workforce and Operations - The company employs approximately 7,700 full-time employees, with 4,500 in North America and 3,200 in Europe as of December 31, 2022[29]. - Superior Industries operates manufacturing facilities in Mexico and Poland, benefiting from lower labor costs compared to the United States and Germany[20]. Supply Chain and R&D - The company successfully secured aluminum commitments from primary suppliers to meet production requirements for 2023[18]. - Superior Industries continues to invest in research and development, focusing on engineering capabilities and sustainable practices, including patented technologies like Alulite™[23][28].
Superior Industries(SUP) - 2022 Q3 - Quarterly Report
2022-11-03 20:00
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 September 30, 2022 ☐ 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: 1-6615 SUPERIOR INDUSTRIES INTERNATIONAL, INC. (Exact Name of Registrant as Specified in Its Charter) Indicate by check mark whether the re ...
Superior Industries(SUP) - 2022 Q2 - Quarterly Report
2022-08-04 20:01
SUPERIOR INDUSTRIES INTERNATIONAL, INC. 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, 2022 ☐ 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: 1-6615 Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by ...
Superior Industries(SUP) - 2022 Q1 - Quarterly Report
2022-05-04 20:01
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, 2022 ☐ 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: 1-6615 SUPERIOR INDUSTRIES INTERNATIONAL, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 95-2594729 (State or Other Juris ...