Accessibility StatementSkip Navigation CHICAGO, Oct. 15, 2025 /PRNewswire/ -- Titan International, Inc. will release its third quarter 2025 financial results before the opening of the market on Thursday, November 6, 2025 to be followed by a teleconference and webcast on Thursday, November 6, 2025 at 9:00 a.m. Eastern Time. The real-time, listen-only webcast can be accessed using the following link https://events.q4inc.com/attendee/328660313 or on our website at www.titan-intl.com within the "Investor Rel ...

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].

Core Insights - CARBIOS has signed a multi-year commercial agreement with Indorama Ventures for the supply of biorecycled monomers, which will be transformed into r-PET filaments for Michelin tires [1][7] - This agreement signifies a strategic commitment to convert complex PET waste into high-performance materials, leveraging CARBIOS' enzymatic recycling technology [2][4] - The partnership is part of CARBIOS' pre-commercialization efforts for its Longlaville plant, following recent sales contracts with global cosmetics leaders [3][4] Company Overview - CARBIOS is a biotechnology company focused on developing biological solutions for plastic and textile lifecycle management, with a mission to prevent pollution and promote a circular economy [6] - The company has operationalized its industrial demonstration plant for biorecycling since 2021 and plans to resume construction of the world's first biorecycling plant in the second half of 2025, pending additional funding [6] - Indorama Ventures is a leading sustainable petrochemicals producer with a revenue of $15.4 billion in 2024, focusing on innovative and circular materials across various essential markets [9] - Michelin, a global leader in engineered materials, aims to integrate enzymatically recycled r-PET into its products as part of its commitment to achieving 100% renewable and recycled materials by 2050 [10]

Company Overview - Titan International, Inc. is a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products [3] - The company is headquartered in West Chicago, Illinois, and produces a broad range of products for original equipment manufacturers (OEMs) and aftermarket customers in agricultural, earthmoving/construction, and consumer markets [3] Upcoming Financial Results - Titan International will release its second quarter 2025 financial results before the market opens on Thursday, July 31, 2025 [1] - A teleconference and webcast will follow the financial results announcement on the same day at 9:00 a.m. Eastern Time [1] Access Information - The real-time, listen-only webcast can be accessed via a specific link or through the company's Investor Relations page [2] - Participants wishing to join the teleconference can dial a toll-free number in the United States or access global numbers for other locations [2]

Product & Partnership - MartianWheels 与 MichelinUSA 的 e.Primacy All Season Tries 轮胎搭配，提供市场上的最佳车轮和轮胎组合 [1]

Product Components - The document mentions "wheels" and "tires" as components, suggesting a focus on vehicle parts [1] - The tires are specifically identified as "G&A," which might refer to a specific brand or type [1] Brand Association - The tweet associates these components with Tesla, indicating a connection to the electric vehicle manufacturer [1] - The phrase "a match made in the heavens" implies a positive or ideal pairing of these components [1]

Core Insights - Titan International, Inc. reported Q1 2025 revenues of $491 million and Adjusted EBITDA of $31 million, both at the higher end of guidance [1][2] - The company is strategically positioned to benefit from current trade policies due to its domestic production capabilities, which reduce exposure to tariffs compared to competitors reliant on overseas production [2][3] Financial Performance - Net sales for Q1 2025 were $490.7 million, up from $482.2 million in Q1 2024, primarily driven by increased sales volumes from the Titan Specialty acquisition and positive price/mix effects [4] - Gross profit for Q1 2025 was $68.6 million, representing 14.0% of net sales, down from $77.4 million or 16.0% in Q1 2024, attributed to lower sales volume impacting fixed cost leverage [5][6] - Selling, general and administrative expenses (SG&A) increased to $49.9 million, or 10.2% of net sales, compared to $39.4 million, or 8.2% in the prior year, due to recurring costs from Titan Specialty operations [7] Segment Performance - Agricultural segment net sales decreased by 17.5% to $197.7 million, with gross profit down 39.7% to $24.5 million, driven by reduced global demand for agricultural equipment [10][11] - Earthmoving/construction segment net sales fell by 13.3% to $143.3 million, with gross profit down 35.2% to $14.9 million, impacted by lower sales volume and inflationary costs [12][13] - Consumer segment net sales surged by 93.6% to $149.7 million, with gross profit increasing by 112.5% to $29.3 million, largely due to the Titan Specialty acquisition [14][15] Outlook - The company expects Q2 2025 sales between $450 million and $500 million, with Adjusted EBITDA between $25 million and $35 million, similar to Q1 results [3] - Less than 10% of total revenues are expected to have a net negative exposure to current retaliatory China tariffs, indicating minimal impact from tariffs on upcoming results [3] Financial Condition - As of March 31, 2025, total cash and cash equivalents were $174.4 million, down from $196.0 million at the end of 2024, while long-term debt increased to $571.6 million [18] - The company reported a net cash used for operating activities of $38.6 million in Q1 2025, primarily due to increased working capital [19][20] Non-GAAP Financial Measures - Adjusted EBITDA for Q1 2025 was $30.8 million, down from $49.7 million in Q1 2024, reflecting the company's operating performance [16] - Adjusted net income applicable to common shareholders was $0.7 million, or $0.01 per share, compared to $19.0 million, or $0.29 per share, in the prior year [17]

Core Insights - Titan International, Inc. has expanded its production rights for the Goodyear brand across various segments, including light construction, ATV, lawn and garden, and golf tires, while renewing its licensing rights for Goodyear Farm Tires, showcasing its commitment to the agricultural sector [1][2][3] Group 1: Expansion and Strategic Initiatives - The expansion into new segments positions Titan to better serve customers and capitalize on emerging market opportunities, with ongoing research and development for innovative tire designs in the lawn and garden segment [2] - The renewal of the Goodyear brand licensing agreement aligns with Titan's growth strategy, reinforcing its commitment to enhancing product offerings and supporting end-users, customers, and distributors across multiple regions [3] Group 2: Product Portfolio and Market Position - Titan International's product portfolio includes a wide range of offerings for sectors such as forestry, powersports, outdoor power equipment, agriculture, earthmoving, and light construction, emphasizing innovation, quality, and performance [2] - The company's strategic initiatives aim to strengthen its position as a leader in the tire industry, enhancing its comprehensive "one-stop shop" solution for tire and wheel needs [3]