Core Points - American Axle & Manufacturing Holdings, Inc. (AAM) recognized top suppliers during its annual Supplier Day event, awarding Supplier of the Year and Supplier Excellence Awards based on delivery, quality, launch performance, innovation, and sustainability [1][2][8] Supplier Awards - Baoding Dongli Machinery Co., Ltd. received the Supplier of the Year Award for Direct Material, recognized for providing 88 iron-casting, steel-forging, and aluminum parts to AAM's facilities in Europe and China, and establishing local warehouses [3] - Steel Dynamics Inc. – Engineered Bar Products Division was awarded the Supplier of the Year Award for Direct Material for supplying nearly 75,000 tons of steel with outstanding quality performance [4] - Okuma America Corporation was honored with the Supplier of the Year Award for Indirect Material for consistently delivering high-quality CNC machine tools that enhance AAM's manufacturing capabilities [5] Supplier Excellence Awards - A total of 13 suppliers received Supplier Excellence Awards for their performance in various categories, including delivery, quality, launch performance, innovation, and sustainability [6][8] - The suppliers recognized for their excellence include Mecanica Garcia Industrial, Warren Industries, Webco Industries, Inc., Bocar, Guangdong Hongteo Technology Co., Ltd., Tubos De Acero De Mexico S.A. (Tenaris), Johnson Electric Otomotiv Ürünleri Limited Şirketi, Wayne Manufacturing, Zouping Tiansheng Metal Technology Co., Ltd., Ansys, Apera AI, Neural Concept, and CEVA Logistics [7][8] Company Overview - AAM is a leading global Tier 1 automotive supplier specializing in driveline and metal forming technologies, supporting electric, hybrid, and internal combustion vehicles, with over 75 facilities in 16 countries [9]

Group 1 - American Axle & Manufacturing Holdings, Inc. (AAM) will participate in the Deutsche Bank 2025 Global Auto Industry Conference on June 11, 2025 [1] - AAM's fireside chat presentation is scheduled to be webcast at 1:25 p.m. ET, with a replay available after the event [1] - AAM is a leading global Tier 1 Automotive and Mobility Supplier, focusing on Driveline and Metal Forming technologies for electric, hybrid, and internal combustion vehicles [2] Group 2 - AAM is headquartered in Detroit, MI, and operates over 75 facilities across 16 countries [2] - The company aims to accelerate the future of automotive technology for a safer and more sustainable tomorrow [2]

Core Viewpoint - American Axle & Manufacturing Holdings, Inc. (AAM) reported a decline in sales and net income for the first quarter of 2025, but achieved positive year-over-year operating cash flow due to cost control and productivity improvements [2][3][4]. Financial Performance - AAM's sales for Q1 2025 were $1.41 billion, down from $1.61 billion in Q1 2024, primarily due to lower volumes [2][6]. - The net income for Q1 2025 was $7.1 million, or $0.06 per share, compared to $20.5 million, or $0.17 per share, in Q1 2024 [3][6]. - Adjusted EBITDA for Q1 2025 was $177.3 million, representing 12.6% of sales, down from $205.6 million, or 12.8% of sales, in Q1 2024 [4][6]. Cash Flow and Capital Expenditures - Net cash provided by operating activities for Q1 2025 was $55.9 million, significantly higher than $17.8 million in Q1 2024 [4][30]. - Adjusted free cash flow for Q1 2025 was $(3.9) million, an improvement from $(21.4) million in Q1 2024 [4][35]. Updated Financial Outlook - AAM revised its full-year 2025 sales target to a range of $5.65 billion to $5.95 billion, down from the previous range of $5.8 billion to $6.05 billion [7]. - The company is targeting Adjusted EBITDA between $665 million and $745 million, reduced from the prior range of $700 million to $760 million [7]. - Adjusted free cash flow is now expected to be between $165 million and $215 million, down from the previous target of $200 million to $230 million [7]. Segment Performance - In Q1 2025, the Driveline segment generated sales of $957.8 million, down from $1,106.4 million in Q1 2024, while the Metal Forming segment saw sales decrease to $575.8 million from $644.1 million [36]. - Total segment Adjusted EBITDA for Q1 2025 was $177.3 million, compared to $205.6 million in Q1 2024 [36]. Company Overview - AAM is a leading global Tier 1 automotive and mobility supplier, focusing on driveline and metal forming technologies for electric, hybrid, and internal combustion vehicles [15]. - The company is headquartered in Detroit and operates over 75 facilities across 16 countries [15].