Superior Inds Stock Price, News & Analysis

Superior Industries International reported strong Q2 2022 results with net sales increasing 24% YoY to $432 million. The company achieved a net income of $11 million with earnings per share of $0.07. Adjusted EBITDA rose to $51 million, showcasing improved margins. Total debt decreased to $593 million, with net debt at $471 million, the lowest since 2017. The company anticipates unit shipments of 16.0-17.0 million and net sales of $1.58 - $1.71 billion for FY 2022 amid ongoing supply chain challenges.

Superior Industries International, Inc. (NYSE:SUP) will release its financial results for the second quarter ending June 30, 2022, on August 4, 2022. A conference call to discuss these results is scheduled for the same day at 9:00 AM ET, featuring key executives including President and CEO Majdi Abulaban and CFO Tim Trenary. Participants can join via phone or through the Company’s website. Superior is a leading aluminum wheel supplier, serving the European aftermarket with various brands.

Superior Industries International reported Q1 2022 financial results, highlighting a 12% increase in net sales to $401M. Net income was $10M, with EPS at $0.04. Adjusted EBITDA stood at $49.2M, maintaining a 26% margin. However, Value-Added Sales decreased 9% YoY to $189M. The company reduced Net Debt to $477M and expects OEM production growth amid ongoing supply chain challenges. Full-year guidance projects net sales between $1.58B - $1.71B and Adjusted EBITDA of $160M - $190M.

Superior Industries International (NYSE:SUP) announced it will release its financial results for Q1 ended March 31, 2022 on May 4, 2022. A conference call, hosted by CEO Majdi Abulaban and CFO Tim Trenary, is scheduled for the same day at 7:30 AM ET. Participants can dial 888-394-8218 (U.S.) or +1 323-794-2588 (international) to join, using conference ID 5800793. The call will also be available via the Company’s website with a replay after the event.

Superior Industries reported a strong financial performance for the full year 2021, achieving net sales of $1.385 billion, up from $1.101 billion in 2020. Value-added sales rose 16% year-over-year to $754 million, with adjusted EBITDA increasing 29% to $167 million. Despite a 24% decrease in industry volumes since 2019, the company saw growth supported by a favorable product mix and higher shipment volumes. However, the ongoing semiconductor shortage and inflationary pressures are expected to impact operations in 2022, with revenue guidance set between $1.58 billion and $1.71 billion.

Superior Industries International (NYSE:SUP) has joined the Aluminium Stewardship Initiative (ASI), a non-profit organization aimed at promoting sustainability in the aluminum industry. This membership will enhance Superior's manufacturing sustainability and support responsible aluminum sourcing across supply chains. CEO Majdi Abulaban emphasized that the collaboration with ASI aligns with the company's commitment to environmental protection. Superior is a leading supplier of aluminum wheels and serves various markets with innovative products.

Superior Industries International, Inc. (NYSE:SUP) announced it will release its financial results for the fourth quarter and full year ended December 31, 2021, on March 3, 2022. A conference call will be held the same day at 8:30 AM ET featuring Majdi Abulaban, President and CEO, Tim Trenary, CFO, and Clemens Denks, VP of Treasury. Participants can join via phone or through the Company’s website. Superior is a leading aluminum wheel supplier, serving the European aftermarket with brands like ATS® and RIAL®.

Superior Industries International reported its Q3 2021 financial results, showing a net loss of $7 million compared to a net income of $11.1 million in Q3 2020. Net sales for Q3 were $310.8 million, down from $317.1 million in the previous year, with Value-Added Sales at $162.2 million, a 16% decline.

Adjusted EBITDA decreased to $30 million from $46.7 million year-on-year. The company anticipates ongoing volume pressures due to supply chain issues but expects a rebound in consumer demand in 2022.

Superior Industries International, Inc. (NYSE:SUP) will release its third-quarter financial results for the period ended September 30, 2021, on November 3, 2021. A conference call will follow at 8:00 AM ET on the same day, hosted by CEO Majdi Abulaban, CFO Tim Trenary, and VP of Treasury Clemens Denks. Interested parties can access the call by dialing the provided numbers or through the company's website. Superior is a leading aluminum wheel supplier, serving the European aftermarket with various brands.