Delivers Strong Results Despite Challenging Industry Conditions, with Free Cash Flow of $53 million; Adjusted EBITDA of $49 Million; and Adjusted EPS of $0.10 Solid Balance Sheet Combined with Operational Diversity From Carlstar Acquisition Expected to Continue Yielding Positive Results WEST CHICAGO, Ill., July 31, 2024 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) ("Titan" or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today re ...

In order to participate in the real-time teleconference, with live audio Q&A, participants should use one of the following dial in numbers: United States (Toll-Free): 1 866 813 9403 Participants Access Code: 676364 The real-time, listen-only webcast can be accessed using the following link https://events.q4inc.com/attendee/651060873 on our website at www.titan-intl.com within the "Investor Relations" page under the "News & Events" menu (https://ir.titan-intl.com/news-andevents/events/default.aspx). Listener ...

The Chart Titan Has Made A Number Of Strategic Moves That Could Be Game Changers Going Forward Earnings Estimates And The Balance Sheet While it is easy to be dismissive of a small company that is currently facing challenges, it doesn't make sense to do so when the entire industry is being impacted. Even the heavy-weights in this business are facing the pressures of high interest rates and also seeing share price declines. This includes the likes of Deere & Co (DE) which is trading well below its 52-week hi ...

Safe Harbor Statement WEST CHICAGO, Ill., May 29, 2024 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) ("Titan or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today reported that its board of directors plans to discuss with its largest shareholder, American Industrial Partners ("AIP"), a possible amendment of the parties' Stockholder Agreement to allow AIP to increase its ownership of TWI common stock in open market purchases. Priv ...

Titan International, Inc. (NYSE:TWI) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Alan Snyder - Vice President, Financial Planning & Investor Relations Paul Reitz - President & Chief Executive Officer David Martin - Senior Vice President & Chief Financial Officer Conference Call Participants Steve Ferazani - Sidoti & Company Tom Kerr - Zacks Investment Research Kirk Ludtke - Imperial Capital Alexander Blanton - Clear Harbor Asset Management Operator Good morning, ladies and g ...

INVESTOR PRESENTATION – MAY 2024 ® TITAN. CARLSTAR Forward-Looking Statements & Non-GAAP Metrics The accompanying material includes forward-looking comments and information concerning the company's expectations and objectives for the future. Readers of this material should understand that these forward-looking statements are based on the Company's expectations and subject to a number of risks and uncertainties, certain of which are beyond the Company's control. Reconciliation of GAAP to Non-GAAP Financial M ...

FOR IMMEDIATE RELEASE Wednesday, May 1, 2024 Titan International, Inc. Reports First Quarter Financial Performance Delivers Solid Profitability with Adjusted EBITDA of $50 Million and Adjusted EPS of $0.29 Integration of Carlstar Driving 'One Stop Shop' Positioning in Ag and Consumer Segments for Long-Term growth WEST CHICAGO, ILLINOIS, May 1, 2024 - Titan International, Inc. (NYSE: TWI) ("Titan" or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage pro ...

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, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-12936 TITAN INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Delaware 60185 (Zip Code) (630) 377-0486 (Registrant's telephone number, including area ...

Titan International, Inc. (NYSE:TWI) Q4 2023 Earnings Conference Call February 29, 2024 9:00 AM ET Company Participants Alan Snyder - VP, Financial Planning and Analysis Paul Reitz - President and CEO David Martin - SVP and CFO Conference Call Participants Larry De Maria - William Blair Steve Ferazani - Sidoti Tom Kerr - Zacks Investment Kirk Ludtke - Imperial Capital Operator Good morning ladies and gentlemen and welcome to the Titan International, Inc. Fourth Quarter 2023 Earnings Conference Call. At this ...

Ownership and Operations - The Company owns 64.3% of Voltyre-Prom, representing approximately 7% of consolidated assets as of December 31, 2023[90]. - Russian operations account for approximately 6% of consolidated global sales for the years ended December 31, 2023, and 2022[90]. - The military conflict between Russia and Ukraine has not significantly impacted global operations, but the Company continues to monitor potential effects[90]. Compliance and Regulatory Risks - The Company is subject to anti-corruption laws, including the U.S. Foreign Corrupt Practices Act, which could result in sanctions or liabilities if violated[93]. - The Company has implemented training programs to ensure compliance with sanctions and trade restrictions related to the Russia-Ukraine conflict[89]. - The Company is subject to foreign currency translation risk, which may adversely impact financial condition due to fluctuations in exchange rates[100]. - The Company may incur additional tax expenses or exposure due to changes in income distribution among jurisdictions and tax laws[103]. - The OECD's global corporate minimum tax rate of 15% is set to be effective as of January 2024, which the Company is assessing for potential impacts[104]. Environmental and Economic Risks - The Company faces risks associated with climate change regulations that may increase costs or disrupt operations[95]. - The Company is affected by global and regional economic conditions, with demand for products being cyclical and potentially reduced during economic downturns[105]. - The Company faces risks from natural disasters and sabotage, which could lead to uninsured losses and damage to operational capacity[106]. Strategic and Financial Considerations - Future acquisitions or divestitures may require significant resources and could result in substantial costs or liabilities, impacting managerial focus[107]. - International acquisitions may involve additional complexities and risks related to compliance with foreign laws and regulations[108]. - The Company may finance future acquisitions through cash from operations, additional indebtedness, or issuing equity securities, which could impair business operations[109]. - Increased indebtedness may reduce liquidity and access to financing markets, impacting cash flow requirements[110]. Technology and Operational Risks - The Company relies on information technology systems for various business processes, and disruptions could adversely affect operations and financial conditions[98].