American Axle & Mfg Hldgs Inc Stock Price, News & Analysis

American Axle & Manufacturing Holdings (NYSE: AXL) will discuss its first quarter financial results on May 5, 2023, at 10:00 a.m. ET. A press release with the results will be available before the market opens on the same day on www.aam.com. Investors can participate via phone by dialing (877) 883-0383 in the U.S. or (412) 902-6506 internationally, using access code 5707548. A live audio webcast will also be available on the investor site. A replay can be accessed at (877) 344-7529 in the U.S. or (412) 317-0088 internationally until May 12, with access code 8763803. As a global Tier 1 automotive supplier, AAM specializes in Driveline and Metal Forming technologies for various vehicle types.

On March 30, 2023, American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) was honored with the Overdrive award by General Motors as part of their 31st annual Supplier of the Year awards. AAM was among 16 awardees recognized for their excellence. The Overdrive award highlights key priorities such as sustainability and innovation. David C. Dauch, AAM's CEO, expressed pride in this achievement, marking their third consecutive year receiving the award. GM's Jeff Morrison commended the resilience of their suppliers during challenging times, emphasizing their commitment to sustainable innovation.

American Axle & Manufacturing Holdings (AXL) reported strong financial performance for Q4 and full year 2022. Q4 sales reached $1.39 billion, net income was $13.9 million, and adjusted EBITDA stood at $157.7 million. For the full year, sales totaled $5.80 billion with net income of $64.3 million. AAM's 2023 outlook targets sales between $5.95 billion and $6.25 billion and adjusted EBITDA of $725 million to $800 million. The company also highlights a $725 million new business backlog expected to boost electrification initiatives.

American Axle & Manufacturing (NYSE: AXL) will participate in the Citi's 2023 Global Industrial Tech and Mobility Conference on February 21, 2023. The company is scheduled to present at 11:20 a.m. ET. A live audio webcast of the presentation can be accessed via AAM's Investor Relations page.

AAM is a leading Tier 1 automotive supplier headquartered in Detroit, operating over 80 facilities worldwide. The company specializes in driveline and metal forming technologies for various vehicle types, including electric and hybrid vehicles. For more details about AAM, visit www.aam.com.

American Axle & Manufacturing Holdings (NYSE: AXL) will hold a conference call on February 17, 2023, at 10:00 a.m. ET to discuss its fourth quarter and full year 2022 financial results. A press release will be issued before market opens that day, available at www.aam.com. Investors can participate by calling (877) 883-0383 within the US, or (412) 902-6506 from outside the US, using access code 3177234. A replay will be available post-call until February 24, 2023, at (877) 344-7529 (US) and (412) 317-0088 (international). AAM specializes in driveline and metal forming technologies for various vehicle types.