Core Viewpoint - Cooper Standard Holdings Inc. announced the pricing of a private offering of $1.1 billion in Senior Secured First Lien Notes with a 9.250% interest rate due in 2031, aimed at refinancing existing debt and covering related expenses [1]. Group 1: Offering Details - The offering consists of $1,100 million in aggregate principal amount of 9.250% Senior Secured First Lien Notes due 2031 [1]. - The Notes will be secured obligations guaranteed by CS Intermediate HoldCo 1 LLC and certain domestic subsidiaries of the Issuer [1]. - The offering is expected to close on March 4, 2026, subject to customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the Notes offering will be used to redeem existing debt, including 13.50% Cash Pay / PIK Toggle Senior Secured First Lien Notes due 2027 and 5.625% Senior Notes due 2026 [1]. - The company will also use the proceeds to pay fees and expenses related to the offering and the redemptions [1]. Group 3: Regulatory Compliance - The Notes are being offered under an exemption from the registration requirements of the Securities Act of 1933, specifically to "qualified institutional buyers" and non-U.S. persons [1]. - The offering does not constitute an offer to sell or solicit offers to buy securities in jurisdictions where such actions would be unlawful [1]. Group 4: Company Overview - Cooper Standard is a leading global supplier of sealing and fluid handling systems, headquartered in Northville, Michigan, with operations in 20 countries [1]. - The company employs approximately 22,000 team members and focuses on innovative and sustainable engineered solutions for various markets [1].

Cooper Standard Announces Proposed Private Offering of $1.1 Billion of Senior Secured First Lien Notes [Accessibility Statement] Skip NavigationNORTHVILLE, Mich., Feb. 17, 2026 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS) ("Cooper Standard," "Company" or "we") today announced that its wholly-owned subsidiary, Cooper-Standard Automotive Inc. (the "Issuer"), intends, subject to market and other customary conditions, to offer $1.1 billion in aggregate principal amount of Senior Secured First Lien ...

Core Insights - Cooper Standard reported strong cash flow and margin expansion for the fourth quarter and full year 2025, despite industry disruptions [1][2] - The company anticipates further improvements in 2026, with adjusted EBITDA margins expected to reach or exceed 10% of sales [1] Financial Performance - Fourth Quarter 2025: - Net cash provided by operating activities was $56.2 million, and free cash flow was $44.6 million [1] - Adjusted EBITDA totaled $34.9 million, representing 5.2% of sales [1] - Net income was $3.3 million, or $0.18 per diluted share, a decrease of $36.9 million compared to Q4 2024 [1] - Sales increased by 1.8% to $672.4 million compared to Q4 2024 [1] - Full Year 2025: - Net cash provided by operating activities was $64.4 million, and free cash flow was $16.3 million [1] - Adjusted EBITDA was $209.7 million, or 7.6% of sales, an increase of $29.0 million from 2024 [1] - Net loss improved to $4.2 million, or $(0.23) per diluted share, an improvement of $74.6 million from 2024 [1] - Sales totaled $2.74 billion, a 0.4% increase from 2024 [1] Segment Performance - Sealing Systems: - Sales were $357.8 million, up from $350.4 million in Q4 2024 [2] - Adjusted EBITDA decreased to $32.1 million from $40.2 million in Q4 2024 [2] - Fluid Handling Systems: - Sales were $297.1 million, up from $294.8 million in Q4 2024 [2] - Adjusted EBITDA decreased to $15.1 million from $27.3 million in Q4 2024 [2] Cash Flow and Liquidity - As of December 31, 2025, cash and cash equivalents totaled $191.7 million, with total liquidity of $352.6 million [1] - The company believes it has sufficient financial resources to support ongoing operations and strategic initiatives [1] New Business Awards - In 2025, Cooper Standard received new business awards totaling $297.9 million, with 74% related to battery electric and full-hybrid vehicle programs [1][2] - The company continues to leverage its engineering and manufacturing capabilities to win new business [1]

NORTHVILLE, Mich., Jan. 27, 2026 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS) expects to release its financial results for the fourth quarter and full year 2025 on Thursday, February 12 after market close. The Company's earnings results will be posted to the Cooper Standard website (https://ir.cooperstandard.com/) once released. Cooper Standard will host a conference call on Friday, February 13 at 9 a.m. ET. The Company's Chairman and Chief Executive Officer Jeffrey Edwards and Chief Financial ...

Core Insights - Cooper-Standard Holdings Inc. reported second quarter 2025 results that exceeded expectations, with an optimistic outlook for the second half of the year despite challenges in light vehicle production and inflationary pressures [3][4][15] Financial Performance - Sales for Q2 2025 were $706.0 million, a slight decline of 0.3% from $708.4 million in Q2 2024 [3][27] - The net loss for Q2 2025 was $1.4 million, significantly improved from a net loss of $76.2 million in Q2 2024 [4][27] - Adjusted net income for Q2 2025 was $1.0 million, compared to an adjusted net loss of $11.3 million in Q2 2024, marking a year-over-year improvement of $12.3 million [4][37] - Adjusted EBITDA for Q2 2025 was $62.8 million, up from $50.9 million in Q2 2024, driven by improved manufacturing efficiency [5][34] Business Developments - The company secured net new business awards totaling $77.1 million in anticipated future annualized sales during Q2 2025, bringing the total for the first half of 2025 to $132.0 million, primarily related to battery-electric and hybrid vehicle platforms [7][15] Segment Performance - Gross profit for Q2 2025 was $93.1 million, an increase of 12.2% compared to Q2 2024 [9] - Operating income for Q2 2025 was $37.3 million, a substantial increase of 234.5% from Q2 2024 [9] Cash and Liquidity - As of June 30, 2025, the company had cash and cash equivalents of $121.6 million, with total liquidity of $272.8 million [13][14] Outlook and Guidance - The company raised its full-year adjusted EBITDA guidance to a range of $220 million to $250 million, while maintaining sales guidance of $2.7 billion to $2.8 billion [16] - The company anticipates that operational excellence will help mitigate the impact of potential lower light vehicle production volumes in the second half of the year [15][16]

Group 1 - Cooper Standard will participate in the J.P. Morgan 2025 Auto Conference in New York City on August 13 [1] - Jeffrey Edwards, the chairman and CEO of Cooper Standard, will present the company's business and strategies at 12:35 p.m. ET, with the presentation accessible via live webcast [2] - Cooper Standard is a leading global supplier of sealing and fluid handling systems, headquartered in Northville, Michigan, with operations in 20 countries and approximately 22,000 team members [3]

Financial Results Announcement - Cooper-Standard Holdings Inc. is set to release its financial results for the second quarter of 2025 on July 31 after market close [1] - The earnings results will be available on the Cooper Standard website once released [1] Conference Call Details - A conference call will be held on August 1 at 9 a.m. ET, featuring Chairman and CEO Jeffrey Edwards and CFO Jonathan Banas [2] - The call will cover financial results, a general business update, and a Q&A session for investors [2] - Participants can join the call via a toll-free number for the U.S. and Canada or an international number [3] Webcast and Replay - A replay of the conference call will be accessible on the investors' section of the Cooper Standard website shortly after the live event [4] Company Overview - Cooper Standard is headquartered in Northville, Michigan, and operates in 20 countries as a leading global supplier of sealing and fluid handling systems [5] - The company employs approximately 22,000 team members, including contingent workers, focusing on innovative and sustainable engineered solutions for various markets [5]

Core Insights - Cooper-Standard Holdings Inc. reported strong operating performance in Q1 2025, with a focus on improving efficiencies and innovation despite market challenges [3][4] - The company achieved a net income of $1.6 million in Q1 2025, a significant recovery from a net loss of $31.7 million in Q1 2024, driven by operational improvements [5][10] - Adjusted EBITDA for Q1 2025 was $58.7 million, up from $29.3 million in the same period last year, reflecting enhanced manufacturing efficiency [6][10] Financial Performance - Sales for Q1 2025 were $667.1 million, a decrease of 1.4% from $676.4 million in Q1 2024, primarily due to foreign exchange impacts [4][11] - Gross profit increased by 25.2% to $77.2 million compared to Q1 2024, while operating income surged by 539.2% to $22.3 million [10][25] - Adjusted net income rose to $3.5 million in Q1 2025 from an adjusted net loss of $30.6 million in Q1 2024, marking a year-over-year improvement of $34.1 million [5][32] Business Development - The company secured net new business awards totaling $55.0 million in anticipated future annualized sales, mainly related to battery electric and hybrid vehicle platforms [8] - Cooper-Standard continues to leverage its engineering and manufacturing capabilities to win new business, capitalizing on trends in the automotive sector [8] Cash and Liquidity - As of March 31, 2025, Cooper-Standard had cash and cash equivalents of $140.4 million, with total liquidity of $300.1 million [14][15] - The company believes it has sufficient financial resources to support ongoing operations and strategic initiatives [15] Market Outlook - The automotive industry faces uncertainty due to changing trade and tariff policies, but underlying demand for light vehicle production remains strong [16] - Cooper-Standard is positioned to manage potential tariff impacts and is optimistic about future profit margins and returns on invested capital as markets stabilize [16]

Core Points - Cooper Standard has been recognized as one of America's Climate Leaders 2025 by USA TODAY and Statista, highlighting its commitment to sustainability and environmental responsibility [1][2] - The award acknowledges companies in the U.S. that demonstrate a strong environmental record and significant year-over-year reductions in emissions intensity [2] - Cooper Standard's 2023 Corporate Responsibility Report emphasizes its dedication to reducing environmental impact while promoting business innovation and profitability [3] Company Overview - Cooper Standard is a leading global supplier of sealing and fluid handling systems, headquartered in Northville, Michigan, with operations in 20 countries [5] - The company employs approximately 22,000 team members, focusing on continuous improvement in business practices and community engagement [5] - Cooper Standard utilizes materials science and manufacturing expertise to create innovative and sustainable solutions for various transportation and industrial markets [5]

Financial Results Announcement - Cooper-Standard Holdings Inc. is set to release its financial results for the first quarter of 2025 on May 1 after market close [1] - The earnings results will be available on the Cooper Standard website once released [1] Conference Call Details - A conference call will be hosted on May 2 at 9 a.m. ET, featuring Chairman and CEO Jeffrey Edwards and CFO Jonathan Banas [2] - The call will cover financial results, a general business update, and a Q&A session for investors [2] - Investors can access the call via an online, real-time webcast [2] Participation Information - U.S. and Canadian callers can join the call toll-free at 800-836-8184, while international callers can dial 646-357-8785 [3] - Participants are advised to dial in at least five minutes prior to the start of the call [3] Webcast Replay - A replay of the webcast will be available shortly after the live event on the investors' section of the Cooper Standard website [4] Company Overview - Cooper Standard is headquartered in Northville, Michigan, and operates in 20 countries as a leading global supplier of sealing and fluid handling systems [5] - The company employs over 22,000 team members and focuses on innovative and sustainable engineered solutions for various markets [5]