关注公众号，点击公众号主页右上角" ··· "，设置星标 "⭐" ，关注 鑫椤锂电 资讯~ 值得一提的是，此次投产的新一代 纯电动矿卡 ，载重能力达到260吨级，充电1小时可连续作业10小时。 与同类柴油车型相比，全生命周期运营成本降低45%，碳排放减少80%，解决了传统矿卡"高能耗、高排 放、低效率"的行业痛点。产品将率先应用于内蒙古、山西等大型露天矿区，未来三年市场占有率有望突 破20%。 进固态电池群 ，加小编微信：13248122922 注：添加好友请备注 公司名称、姓名、职务，入群需发送1张您的纸质名片~ 会议详情 I C C S I N O END 会议主办： 鑫椤资讯 会议时间： 2025年7月8-9日（8号报到） 会议地点： 中国·上海 会议咨询： 19921233064（微信同） 本文来源： 海宁市长安镇政务服务中心 据海宁市长安镇政务服务中心消息，5月30日，浙江省海宁市长安镇（高新区）浙江东重特种车辆项目举 行开工仪式。 据介绍，浙江东重特种车辆项目总投资55亿元，新增用地约358亩，总建筑面积约15.3万平方米，将形成 年产新能源重卡3500辆、非公路宽体自卸车（ 新能源矿卡 ）120 ...

Financial Data and Key Metrics Changes - Consolidated net sales for Q2 2025 were $629.1 million, an increase of $45.1 million or 7.7% compared to Q2 2024, excluding the impact of the divested E and C transit bus business [26][27] - Adjusted EBITDA for Q2 2025 was $58.9 million, a 63.6% increase year over year, excluding the impact of the divested bus business [27][29] - Cash flow from operating activities in the quarter was $117 million, with $11.4 million spent on capital expenditures [41][22] Business Line Data and Key Metrics Changes - Specialty Vehicles segment sales increased by $16.5 million to $453.9 million, with a 12.2% increase when excluding the divested transit bus business [29][30] - Recreational Vehicle segment sales decreased by $4.4 million or 2.4% due to lower unit shipments amid soft market demand [34][35] - Specialty Vehicles segment adjusted EBITDA increased by $24 million or 74.3% year over year, driven by higher sales and manufacturing efficiencies [30][31] Market Data and Key Metrics Changes - Specialty Vehicles segment backlog at the end of the quarter was $4.3 billion, reflecting strong demand for fire apparatus [31] - Recreational Vehicle segment backlog declined by 2% to $268 million, attributed to soft end market demand [37] - REV brand retail sales decreased by 10% year over year, compared to a 13% decline in the broader industry [35] Company Strategy and Development Direction - The company is focusing on operational excellence, investing in people and equipment, and product innovation to drive sustainable growth [10][23] - A strategic decision was made to exit the non-motorized travel trailer and truck camper product categories to concentrate on scalable operations with stronger competitive positioning [18][19] - The company is increasing capital expenditure plans to enhance throughput and efficiency across its operations [23][42] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating tariff impacts and maintaining updated financial guidance for the year [13][42] - The company anticipates continued growth in the Specialty Vehicles segment, with mid-teens revenue growth expected for the second half of the fiscal year [33][42] - Management noted that demand for fire and ambulance products is returning to long-term trend levels, with expectations for normalized order levels in the back half of the year [64] Other Important Information - The company repurchased approximately 2.9 million shares for $88 million under its share repurchase authorization [22][41] - A non-cash loss of $30 million was recognized related to the Lance Camper assets held for sale, partially offset by a $16.6 million income tax benefit [36][43] - The company maintains ample liquidity with approximately $263.2 million available under its ABL revolving credit facility [41][44] Q&A Session Summary Question: What is the timeframe for tariff impacts on the backlog and output? - Management expects the RV tariff impact to primarily affect the back half of fiscal 2025, with some potential carryover into early 2026 [47][48] Question: What is the expected return on the $20 million investment in the Brandon facility? - Management indicated that the investment aims to reduce lead times and increase throughput, but specific return metrics were not disclosed [49][50] Question: How does the sale of Lance impact long-term EBITDA goals? - Management clarified that Lance represents less than 10% of total sales for recreation, thus having no material impact on long-term EBITDA targets [51][52] Question: Will dealer assistance continue to increase in the second half? - Management expects a softer second half for recreation sales, influenced by tariffs and consumer confidence risks, but did not specify on dealer assistance trends [57][58] Question: What is the demand outlook for the S-one 80 program? - Demand for the S-one 80 program remains strong, with orders increasing across various brands [62][63] Question: What is the current state of wholesale versus retail demand in recreational vehicles? - Retail shipments showed early signs of improvement, while dealer inventories are healthier, which should drive better wholesale orders [70][72]

Core Viewpoint - Oshkosh reported a decline in revenue and earnings for the quarter ended March 2025, indicating potential challenges in its financial performance [1][3]. Financial Performance - Revenue for the quarter was $2.31 billion, down 9.1% year-over-year, and below the Zacks Consensus Estimate of $2.41 billion by 4.17% [1]. - Earnings per share (EPS) were $1.92, a decrease from $2.89 in the same quarter last year, and also fell short of the consensus estimate of $2.02 by 4.95% [1]. Key Metrics - Net Sales- Access- Total: $957.10 million, down 22.7% year-over-year, and below the average estimate of $992.50 million [4]. - Net Sales- Access- Aerial work platforms: $450.80 million, a decline of 23.7% compared to the previous year, and below the estimate of $470.40 million [4]. - Net Sales- Access- Telehandlers: $244.50 million, down 34.5% year-over-year, and below the average estimate of $298.36 million [4]. - Net Sales- Defense: $463 million, down 13.8% year-over-year, and below the estimate of $519.18 million [4]. - Net Sales- Vocational- Total: $866.80 million, a 12.2% increase year-over-year, but slightly below the estimate of $873.40 million [4]. Operating Income - Adjusted Vocational segment operating income was $128.80 million, exceeding the average estimate of $118.12 million [4]. - Adjusted Access segment operating income was $107.80 million, below the estimate of $116.23 million [4]. - Operating income for Defense was $0.60 million, significantly lower than the average estimate of $14.12 million [4]. Stock Performance - Oshkosh shares have returned -6.1% over the past month, underperforming the Zacks S&P 500 composite, which changed by -0.2% [3]. - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance in the near term [3].

Financial Data and Key Metrics Changes - The company reported revenue of $2.3 billion for the first quarter, a decrease of $231 million or 9% from the same quarter last year, primarily due to softer market conditions for access equipment in North America [19] - Adjusted operating income was $192 million, representing 8.3% of sales, down from the prior year due to lower sales volume and higher operating expenses [19] - Adjusted EPS was $1.92, in line with expectations of approximately $2 per share [19][20] - Free cash flow reflected a net use of cash of $435 million due to seasonal working capital needs [20] Business Line Data and Key Metrics Changes Access Segment - Adjusted operating margin was 11.3% despite lower sales, with a strong backlog of $1.8 billion [9] - The segment booked orders of $930 million with a book-to-bill ratio of 1.0, indicating stable demand [9] Vocational Segment - Achieved year-over-year revenue growth of 12% with a robust adjusted operating income margin of nearly 15% [11] - Backlog remains strong at $6.3 billion, providing excellent visibility for future revenue [12] Defense Segment - First quarter results reflected lower volume but progress on the production ramp-up for the NGDV program [15] - The company is on target to increase NGDV volume to full-rate production by year-end, which is expected to drive revenue growth in the latter half of 2025 [15] Market Data and Key Metrics Changes - The backlog for the Access segment remained stable at $1.8 billion, indicating healthy demand despite market challenges [9] - The vocational segment is benefiting from strong demand in refuse and recycling vehicle sales, supported by technological advancements [12][71] Company Strategy and Development Direction - The company is focused on mitigating tariff impacts through a broad U.S. production footprint and proactive supply chain management [6][7] - Continued investment in technology and innovation is emphasized, particularly in the vocational segment with advancements in electric fire trucks and telematics solutions [13][70] - The company maintains a strong balance sheet and is open to M&A opportunities, particularly in growth segments [60] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the underlying trajectory of operational performance across all segments, despite near-term volatility due to tariffs [6][22] - The company anticipates that the direct impact of tariffs could be about $1 per share, with efforts to mitigate this through cost actions [20][22] - Customer sentiment remains balanced, with healthy demand in various end markets, particularly in infrastructure projects [50][67] Other Important Information - The company is planning an Investor Day on June 5, 2025, to share future plans and insights from key leaders [4] - The defense business is undergoing a leadership transition, with a new segment leader expected to be announced later this year [18] Q&A Session Summary Question: How is the company addressing tariffs? - Management aims to minimize the impact of tariffs on customers, leveraging pricing power while focusing on targeted mitigation strategies [28][30] Question: What are the cost headwinds related to tariffs? - The most significant impacts are expected in the Access segment, with mitigation efforts being broad-based across the company [38][44] Question: How is the defense segment expected to perform? - The defense segment is projected to ramp up production, with expectations of strong revenue growth in the latter half of 2025 [40][41] Question: What is the outlook for the vocational segment? - The vocational segment is expected to maintain strong margins and continue benefiting from technological advancements and a robust backlog [69][70] Question: How is customer sentiment regarding tariffs? - Customers maintain a balanced view, with healthy demand reflected in the strong backlog for the Access segment [50][68]

REV Group, Inc. (NYSE:REVG) Q1 2025 Earnings Conference Call March 5, 2025 10:00 AM ET Company Participants Drew Konop - Vice President, Investor Relations Mark Skonieczny - President and CEO Amy Campbell - CFO Conference Call Participants Mike Shlisky - D.A. Davidson Mig Dobre - Baird Jerry Revich - Goldman Sachs Angel Castillo - Morgan Stanley Operator Greetings and welcome to the REV Group First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen only mode. A brief quest ...