Ampco-Pittsburg Corp Stock Price, News & Analysis

Ampco-Pittsburgh Corporation (NYSE: AP) reported Q3 2025 net sales of $108.0 million and nine-month sales of $325.4 million, with growth in both segments. GAAP results included a Q3 net loss of $2.2 million (loss of $0.11 per share) that reflected $3.1 million of primarily non-cash accelerated depreciation and exit costs for its U.K. cast roll operations and a non-core steel distribution facility.

On a non-GAAP basis, Q3 adjusted EBITDA was $9.2 million (up 35% YoY) and nine-month adjusted EBITDA was $26.0 million (up $3.9 million YoY). Management expects at least $7–$8 million of annual adjusted EBITDA improvement after completing the U.K. exit, which the company said would materially change consolidated earnings going into 2026.

Ampco-Pittsburgh (NYSE: AP) will present at the Midwest IDEAS Investor Conference on November 19, 2025 in Dallas, TX. The presentation by CEO J. Brett McBrayer and senior executives begins at 7:55 am CT and will be webcast. Archive and presentation materials will be posted on the company’s Investor website after the live event. The conference is hosted by Three Part Advisors and targets regional investment professionals.

Ampco-Pittsburgh (NYSE: AP) announced a CFO transition: on November 5, 2025 the board elected David G. Anderson as Vice President, Chief Financial Officer, Treasurer and Assistant Secretary, effective January 1, 2026. Anderson will retain his role as President of Air & Liquid Systems Corporation. Michael G. McAuley will move to Strategic Advisor to the CEO until his planned retirement on June 30, 2026. Compensation details for both executives will be disclosed once finalized and approved. Anderson joined the company in 2010 and brings over 35 years of finance and operations experience.

Ampco-Pittsburgh (NYSE: AP) will hold a conference call on Thursday, November 13, 2025 at 10:30 a.m. ET to discuss financial results for the third quarter ended September 30, 2025. Participants may pre-register for direct access or dial 1-844-308-3408 (toll free) or 1-412-317-5408 (international).

A replay will be available on the company's investor website at www.ampcopgh.com. The company designs and manufactures specialty metal products, forged and cast rolls, open-die forged products, and custom air and liquid processing equipment, and operates facilities in the U.S., Sweden, and Slovenia with joint ventures in China.

The release includes cautionary forward-looking statements about risks such as liquidity, demand cyclicality, commodity costs, tariffs, and other factors that could cause actual results to differ.

Ampco-Pittsburgh (NYSE: AP) announced that its subsidiary Union Electric Steel UK Limited was placed into administration effective October 14, 2025, accelerating its exit from U.K. cast roll operations.

The Company expects the exit to eliminate U.K. operating losses starting Q4 2025 and to increase adjusted EBITDA by approximately $7–8 million on an annualized run-rate. Ampco-Pittsburgh will deconsolidate UES-UK in Q4 2025 and expects a non-cash charge of ~$43–45 million comprising a ~$23 million investment write-down, ~$29 million of accumulated other comprehensive losses, offset by a ~$7–9 million credit from expected asset liquidation proceeds.

Ampco-Pittsburgh Corporation (NYSE: AP) reported Q2 2025 financial results with net sales of $113.1 million, up from $111.0 million in Q2 2024. The company recorded a net loss of $7.3 million ($0.36 per share), including a $6.8 million charge for exiting U.K. cast roll operations.

Key highlights include Adjusted EBITDA of $8.0 million in Q2 2025, down $2.1 million year-over-year, and $16.8 million year-to-date. The company expects at least $5 million per year operating income improvement post-U.K. exit. Tariff volatility negatively impacted roll demand and order intake, with backlog declining 9% from Q1 2025.

Ampco-Pittsburgh Corporation (NYSE: AP) has scheduled its second quarter 2025 earnings conference call for August 13, 2025, at 10:30 a.m. Eastern Time. The call will discuss financial results for the quarter ended June 30, 2025.

Participants can pre-register through a provided link or dial in directly using toll-free number 1-844-308-3408 for US callers or 1-412-317-5408 for international participants. A replay will be available on the company's website under the Investors menu.

Ampco-Pittsburgh is a manufacturer of specialty metal products and customized equipment, primarily producing forged and cast rolls for steel and aluminum industries through its subsidiary Union Electric Steel Corporation. The company operates facilities across the US, England, Sweden, and Slovenia, with joint ventures in China.

Ampco-Pittsburgh Corporation (NYSE: AP) has issued an important reminder regarding its Series A warrants (NYSE American: AP WS) expiration. The warrants will expire on August 1, 2025, at 5:00 p.m. New York time. Trading of these warrants on NYSE American will be suspended before market opening on July 31, 2025, to ensure all trades settle in time for warrant holders to exercise their rights before expiration.

The Corporation, through its subsidiary Union Electric Steel Corporation, is a leading manufacturer of forged and cast rolls for global steel and aluminum industries. It operates facilities across the United States, England, Sweden, and Slovenia, with three joint ventures in China.

Ampco-Pittsburgh Corporation (NYSE: AP) has secured an amended and restated credit facility comprising a $100 million five-year asset-backed revolving line of credit and a $13.5 million term loan. The term loan proceeds were used to reduce revolving credit borrowings at closing.

The facility was arranged by PNC Capital Markets LLC and F.N.B. Capital Markets, with PNC Bank serving as Agent. The restructured credit facility offers increased lending capacity and enhanced flexibility to support the company's global working capital requirements.