Welcome to our dedicated page for Superior Inds news (Ticker: SUP), a resource for investors and traders seeking the latest updates and insights on Superior Inds stock.
Superior Industries International, Inc. designs, engineers, and manufactures aluminum wheels for automotive customers, with business updates tied to North America and Europe. Company news commonly covers quarterly results, value-added sales, margins, cash flow, debt refinancing, cost actions, and manufacturing footprint changes, including operations in Mexico and Poland.
Superior also reports developments involving lightweighting and finishing technologies, European aftermarket brands ATS, RIAL, ALUTEC, and ANZIO, capital-structure matters, and corporate-status events. Recent disclosures include NYSE listing compliance, delisting proceedings, and OTC Pink trading under the symbol SSUP.
Superior Industries International (NYSE:SUP), a leading aluminum wheel supplier, has received a delisting notice from the New York Stock Exchange on June 24, 2025. The NYSE has suspended trading of Superior's common stock immediately due to the company falling below the required $15 million average global market capitalization threshold over a 30-day trading period.
The company will not appeal the delisting determination. Superior's stock is expected to begin trading on the OTC Markets Group's Pink Open Market under the ticker symbol "SSUP" starting June 25, 2025.
Superior Industries International (NYSE:SUP), a leading aluminum wheel supplier, has received notice from the NYSE on June 17, 2025, regarding non-compliance with continued listing standards. The company's stock has fallen below the minimum requirement of $1.00 per share over a 30-trading day period.
Superior has been granted a six-month cure period to regain compliance, during which it must achieve a closing price of at least $1.00 per share and maintain an average closing price of $1.00 over a 30-day trading period. The company will continue trading on NYSE during this period, subject to other listing requirements, and its SEC reporting obligations remain unchanged.
Superior Industries, a leading automotive supplier listed on the NYSE (SUP), has scheduled its first quarter 2025 financial results announcement for Monday, May 12, 2025. The company will host a conference call at 8:30 AM ET on the same day.
The call will feature key executives Majdi Abulaban (President and CEO) and Dan Lee (Senior VP and CFO). Participants can join through multiple channels:
- U.S. participants: +1 800 715-9871
- International participants: (646) 307-1963
- Conference ID: 2284562
- Company website: www.supind.com
A webcast replay will be available on Superior's website immediately after the call concludes.
Superior Industries (NYSE:SUP) has reported its full year and fourth quarter 2024 financial results. For FY2024, the company recorded net sales of $1,267M with a net loss of $78M. The company achieved an Adjusted EBITDA of $146M (21% margin) and generated operating cash flow of $18M.
Q4 2024 results showed net sales of $310M with a net loss of $10M. The quarter's Adjusted EBITDA was $35M (21% margin) with operating cash flow of $26M. The company successfully executed its global overhead reduction initiative, completed European transformation, and refinanced debt with $520M in capital.
Looking ahead to 2025, Superior expects a slight decline in industry OEM production in its markets but maintains it is well-positioned to navigate the operating environment.
Superior Industries International (NYSE:SUP) has announced it will release its fourth quarter and full year 2024 financial results on Thursday, March 6, 2025. The company will host a conference call at 8:30 AM ET on the same day to discuss the results.
The conference call will be led by President and CEO Majdi Abulaban and Senior VP/CFO Dan Lee. Participants can join via phone using the conference ID 1582670, with separate dial-in numbers for U.S. (+1 800 715-9871) and international callers (646-307-1963). The call will also be accessible through Superior's website, with a replay available afterward.
Superior Industries reported its Q3 2024 financial results, highlighting both achievements and challenges. Net Sales were $322M, almost flat compared to the prior year's $323M. The company faced a Net Loss of $25M, an improvement from the $86M net loss in Q3 2023. Adjusted EBITDA rose to $41M, a 24% margin, up 200 bps YoY. SG&A expenses increased to $24M due to professional services linked to debt refinancing. Cash Flow from operating activities was a negative $3M, down from $9M. Unlevered Free Cash Flow was $9M, a $3M decrease YoY.
The company completed a debt refinancing worth $520M, strengthening its balance sheet. However, it incurred a $13M loss related to debt extinguishment. Superior revised its 2024 outlook, lowering estimates due to softer production volumes from OEMs. The revised guidance includes Net Sales of $1.25-$1.33B, Adjusted EBITDA of $146-$154M, and Unlevered Free Cash Flow of $50-$80M.
Superior Industries International (NYSE:SUP) has announced it will release its third quarter 2024 financial results on Thursday, November 7, 2024. The company will host a conference call at 8:30 AM ET on the same day to discuss the results. The call will be led by President and CEO Majdi Abulaban, CFO Dan Lee, and VP of Investor Relations Tom McGill. Participants can join via phone or webcast, with a replay available on the company's website after the call.
Superior Industries International (NYSE:SUP) has announced a comprehensive refinancing of its existing debt, extending maturities to December 2028. The company has upsized its Senior Secured Term Loan from $394 million to $520 million, with funds managed by Oaktree Capital Management and other investors providing the capital. This refinancing will enable Superior to redeem its outstanding €217,050,000 6.000% Senior Notes due 2025 and reduce total debt from $627 million to $521 million.
The refinancing strengthens Superior's balance sheet and enhances financial flexibility, supporting its long-term growth strategy. CEO Majdi Abulaban stated that with the European transformation substantially completed, Superior is well-positioned to drive profitable growth and generate long-term shareholder value.