Welcome to our dedicated page for Ampco-Pittsburg news (Ticker: AP), a resource for investors and traders seeking the latest updates and insights on Ampco-Pittsburg stock.
Ampco-Pittsburgh Corporation manufactures engineered specialty metal products and customized industrial equipment through Forged and Cast Engineered Products and Air and Liquid Processing operations. Its Union Electric Steel subsidiary produces forged and cast rolls for steel and aluminum producers, along with open-die forged products for steel distribution, oil and gas, aluminum extrusion, and plastic extrusion customers.
Recurring news for AP covers quarterly results, customer order trends, segment demand, manufacturing footprint changes, and investor presentations. Updates also address custom-engineered finned tube heat exchange coils, large air handling systems, centrifugal pumps, and the company’s completed exit from U.K. cast roll operations.
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.
Ampco-Pittsburgh Corporation (NYSE: AP) has scheduled its first quarter 2025 earnings conference call for Tuesday, May 13, 2025, at 10:30 a.m. Eastern Time. The call will discuss financial results for Q1 ended March 31, 2025. Participants can pre-register through a provided link or dial in directly using toll-free (1-844-308-3408) or international (1-412-317-5408) numbers.
Ampco-Pittsburgh is a manufacturer of specialty metal products and customized equipment, primarily producing forged and cast rolls for global steel and aluminum industries through its subsidiary Union Electric Steel Corporation. The company operates facilities in the US, England, Sweden, and Slovenia, with joint ventures in China and sales offices across North America, Asia, Europe, and the Middle East.
Ampco-Pittsburgh (NYSE: AP) reported mixed financial results for Q4 and full year 2024. The company achieved earnings per share of $0.16 in Q4 and $0.02 for the full year, with operating cash flows of $7.5M in Q4 and $18.0M for 2024.
Key highlights include:
- Net sales of $100.9M in Q4 (down from $108.1M in Q4 2023) and $418.3M for 2024 (down from $422.3M in 2023)
- Record sales in Air and Liquid Processing segment, up 6.5% in Q4 and 11% for the full year
- Non-GAAP adjusted income from operations of $8.0M for 2024, improving $3.7M vs 2023
- $4.1M non-cash asbestos-related revaluation benefit in Q4 2024
The company is exploring options to address losses in underutilized cast roll operations, particularly in the UK facility where operating losses exceed $5M annually due to depressed market conditions and high energy costs.
Ampco-Pittsburgh (NYSE: AP) has announced an immediate base price increase of 6-8% on all forged and cast products produced globally by its subsidiary Union Electric Steel and its subsidiaries. The price adjustment is necessitated by inflationary cost increases in labor, healthcare, mill supplies, and elements not covered by existing surcharges.
The company will maintain its current material and energy surcharges alongside the new base price increase. Union Electric Steel's Vice President of Sales & Marketing, Skip Reinert, emphasized that this adjustment is essential to maintain reliable supply and superior product quality for customers.
Ampco-Pittsburgh manufactures specialized metal products and customized equipment through facilities in the United States, England, Sweden, and Slovenia, with three joint ventures in China and sales offices across North America, Asia, Europe, and the Middle East.