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Titan International, Inc. Reports Second Quarter Financial Results
Prnewswire· 2025-07-31 10:00
Core Viewpoint - Titan International, Inc. reported positive financial results for Q2 2025, highlighting resilience in revenue and EBITDA despite challenging market conditions driven by higher interest rates and tariff uncertainties [2][5]. Financial Performance - Revenues for Q2 2025 reached $461 million, with a gross margin of 15% and Adjusted EBITDA of $30 million [5]. - The company generated positive free cash flow of $4 million during the quarter [5]. Company Outlook - The company anticipates third quarter sales to be between $450 million and $475 million, with Adjusted EBITDA expected to range from $25 million to $30 million, indicating improvements compared to Q3 2024 [3]. - The management expressed confidence in the recovery of wheel and tire inventories, suggesting a positive trajectory for future financial results as macroeconomic conditions improve [2]. Strategic Initiatives - Titan International is focusing on a one-stop-shop strategy and innovation to expand its market reach, which is expected to drive growth when industry demand resumes [2]. - The company is well-positioned as a leader in the off-highway wheels and tires market, with ongoing efforts to maintain gross and EBITDA margins above previous cyclical troughs [2].
Titan International, Inc. to Announce First Quarter 2025 Financial Results on April 30
Prnewswire· 2025-04-17 17:27
Core Viewpoint - Titan International, Inc. is set to release its first quarter 2025 financial results on April 30, 2025, followed by a teleconference and webcast on May 1, 2025 [1] Company Information - Titan International, Inc. (NYSE: TWI) is a prominent global manufacturer specializing in off-highway wheels, tires, assemblies, and undercarriage products [3] - The company is headquartered in West Chicago, Illinois, and produces a wide range of products for original equipment manufacturers (OEMs) and aftermarket customers across agricultural, earthmoving/construction, and consumer markets [3]