Cooper Standard(US:CPS)2025-08-01 13:00Financial Performance - Q2 2025 - Sales reached $706 million, slightly down from $708.4 million in Q2 2024[13] - Gross profit increased to $93.1 million, compared to $82.9 million in Q2 2024, with a margin of 13.2% versus 11.7%[13] - Adjusted EBITDA was $62.8 million, up from $50.9 million in Q2 2024, resulting in a margin of 8.9% compared to 7.2%[13] - Net loss was $1.4 million, a significant improvement from the $76.2 million loss in Q2 2024[13] Financial Performance - First Half 2025 - Sales totaled $1.373 billion, a slight decrease from $1.3848 billion in the first half of 2024[13] - Gross profit increased to $170.2 million from $144.6 million, with a margin increase from 10.4% to 12.4%[13] - Adjusted EBITDA rose to $121.5 million from $80.3 million, with a margin increase from 5.8% to 8.8%[13] - Net income was $0.2 million, a substantial improvement from a loss of $107.9 million in the first half of 2024[13] Cash Flow and Liquidity - Free cash flow was negative $23.4 million for Q2 2025, nearly the same as negative $23.3 million in Q2 2024[22] - Net cash used in operating activities was $15.6 million in Q2 2025, compared to $12 million in Q2 2024[22] Strategic Initiatives and Outlook - The company reaffirms its focus on achieving double-digit EBITDA margins, ROIC, and strong free cash flow generation[27] - Full year 2025 sales guidance is between $2.7 billion and $2.8 billion[43] - Adjusted EBITDA guidance for FY 2025 is between $220 million and $250 million[43]