Cooper-Standard Holdings (CPS) Stock News

Cooper Standard (NYSE:CPS) announced its collaboration with Renault Group on the Emblème demo car project, featuring two innovative sealing solutions: FlexiCore™ thermoplastic body seal and FlushSeal™ sealing system.

The company successfully implemented a 100% thermoplastic solution, replacing traditional rubber-plus-metal sealing designs. This marks the first validation of a fully colored visible surface on automotive door seals using FlexiCore technology. The innovations contribute to reduced CO2 emissions, enhanced recyclability, and improved vehicle aesthetics through flush glass styling.

Cooper Standard (NYSE:CPS) has announced its upcoming second quarter 2025 earnings release and conference call schedule. The company will release its Q2 2025 financial results on Thursday, July 31, 2025 after market close.

A conference call will be held on Friday, August 1 at 9 a.m. ET, featuring CEO Jeffrey Edwards and CFO Jonathan Banas, who will discuss results and provide a business update. Investors can join via webcast or by calling 800-836-8184 (US/Canada) or 646-357-8785 (international).

Cooper Standard (NYSE: CPS) has been awarded Ford's 2024 Supplier of the Year in the Crisis Management category for its exceptional response to Hurricane Helene at its Spartanburg, South Carolina facility. The recognition highlights the company's effective crisis management during the September 2024 hurricane, where the Spartanburg team maintained uninterrupted customer supply despite challenging conditions. The team implemented emergency protocols, established a command center, and prioritized communication with stakeholders while ensuring safety remained paramount. Patrick Clark, president of sealing systems and chief manufacturing officer, emphasized that this award demonstrates Cooper Standard's operational excellence, business continuity capabilities, and strong customer partnerships with Ford.

Shannon B. Quinn, president of Cooper Standard's (NYSE: CPS) Industrial & Specialty Group, has been named among Automotive News' 100 Leading Women in the North American Auto Industry for 2025. With over 25 years of experience, Quinn currently leads Cooper Standard's diversification strategy to accelerate growth in industrial and specialty markets. Prior to her current role, she served as vice president, chief commercial and strategy officer from 2022 to 2024. Quinn's experience includes executive positions at Bridgestone Corp, Adient, Johnson Controls, and Ford. She holds a BS in Industrial Engineering from Purdue University and an MBA from Eastern Michigan University.

Cooper Standard (NYSE: CPS) has released its 2024 Corporate Responsibility Report, announcing ambitious carbon neutrality targets of 2040 for Europe and 2050 globally. The company completed its first double materiality assessment aligned with EU's Corporate Sustainability Reporting Directive. The report, titled "Transformation: Change is Constant," outlines key priorities including energy management, greenhouse gas emissions, climate change adaptation, workforce development, and business ethics.

Under CEO Jeffrey Edwards' leadership, Cooper Standard aims to develop near-term science-based targets while focusing on sustainable practices and stakeholder value. The company's comprehensive approach addresses various aspects including product lifecycle, circularity, waste management, workforce health and safety, responsible sourcing, and business continuity.

Cooper Standard (NYSE: CPS) reported strong Q1 2025 results with significant margin improvements. The company achieved gross profit of $77.2 million (up 25.2% YoY) and operating income of $22.3 million (up 539.2% YoY). Net income reached $1.6 million ($0.09 per share), a $33.2 million improvement from Q1 2024. Despite a slight 1.4% sales decline to $667.1 million due to forex headwinds, adjusted EBITDA increased to $58.7 million (8.8% of sales), up by $29.4 million YoY. The company secured $55.0 million in new business awards, primarily in electric and hybrid vehicle platforms. With $140.4 million in cash and total liquidity of $300.1 million, Cooper Standard remains confident in its operational efficiency and strategic execution despite market uncertainties.

Cooper Standard (NYSE: CPS) has been recognized on USA TODAY's America's Climate Leaders 2025 list, an award presented jointly by USA TODAY and Statista. The recognition, announced on April 22, acknowledges U.S. companies demonstrating significant year-over-year reductions in emissions intensity, strong environmental records, and adherence to rigorous independent emission reporting requirements.

The company's chairman and CEO Jeffrey Edwards highlighted their continuous advancement in sustainable solutions through innovation and collaboration, focusing on energy efficiency improvements and reducing emissions and waste. Cooper Standard's environmental initiatives are detailed in their 2023 Corporate Responsibility Report titled 'Commitment to Excellence,' which outlines their strategy for managing climate-related risks while maintaining profitable business growth.

Cooper Standard (NYSE: CPS) has received the 2025 Automotive News PACE Pilot Award for its innovative eCoFlow™ Switch Pump technology. The technology, developed in collaboration with Saleri Group, combines an electric water pump and electrically driven valve into a single integrated coolant control module.

The scalable fluid control system is designed to address complex glycol thermal management needs in electrified and hybrid vehicles, offering significant advantages including improved efficiency, part consolidation, reduced electrical wire harness, and smaller vehicle packaging space. The recognition came after a comprehensive review process including a written application and virtual pitch session.

Cooper Standard (NYSE: CPS) has been awarded the prestigious 2024 Supplier of the Year Award by General Motors at their 33rd annual event in Phoenix, Arizona. This marks the eighth consecutive recognition for Cooper Standard, highlighting their consistent excellence in serving GM's needs.

The award, which recognizes global suppliers for their performance in key categories including safety, innovation, and resilience, was presented to Cooper Standard among 92 suppliers from 12 countries. Selection criteria included not only organizational performance throughout 2024 but also alignment with GM's core values and strategic objectives.

Jeff Edwards, chairman and CEO of Cooper Standard, emphasized the company's dedication to providing world-class service and exceptional quality through advanced engineering, manufacturing, and business practices. GM's global chief procurement officer, Jeff Morrison, highlighted the importance of supplier partnerships in bringing advanced technology and GM's broad vehicle portfolio to market.