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Dana Incorporated (NYSE: DAN) is a global leader in the design and manufacture of highly efficient propulsion and energy-management solutions for vehicles and machines in all mobility markets worldwide. Based in Maumee, Ohio, Dana operates across four primary segments: Light Vehicles, Power Technologies, Commercial Vehicle, and Off-Highway. The Light Vehicles segment, catering to light trucks, SUVs, CUVs, vans, and passenger cars, generates the majority of the company's revenue.
Founded in 1904 by pioneers such as Clarence Spicer, Joseph Victor, Hugo Reinz, J.B. Long, and Charles Dana, the company has a rich legacy of innovation and risk-taking that continues to drive its mission today. Dana's diverse range of products includes drive and motion systems, electrodynamic technologies, software and controls, and thermal, sealing, and digital solutions. These offerings support nearly every vehicle manufacturer, making Dana a critical player in both conventional and clean-energy solutions.
In 2022, Dana reported sales of $10.2 billion and employed 42,000 people across 31 countries on six continents. The company continues to gain recognition for its ethical practices and responsibility, being named among the
Dana Incorporated (NYSE: DAN) is set to release its first-quarter financial results for 2022 on April 27, 2022. A press release will be available at 7 a.m. EDT, followed by a conference call at 9 a.m. EDT. Senior management will discuss the financial outcomes and take questions from participants. The financial results are anticipated to reflect Dana's ongoing performance, which reported $8.9 billion in sales in 2021. For those unable to attend, a webcast replay and audio recording will be accessible later on Dana's investor website.
Dana Incorporated (NYSE: DAN) has achieved Leadership in Energy and Environmental Design (LEED) certification for its Sustainable Mobility Center in Maumee, Ohio. This center functions as an engineering hub for e-Propulsion technologies, focusing on electric motors and electric vehicle systems. Doug Liedberg, the Chief Sustainability Officer, emphasized Dana's commitment to reducing greenhouse gas emissions by over 50% by 2030. The LEED certification confirms the use of sustainable practices in design and operations, contributing to Dana's strategic shift towards clean energy technologies.
Dana Incorporated (NYSE: DAN) reported a strong financial performance for 2021, with sales reaching $8.9 billion, up $1.8 billion from 2020. The net income attributable to Dana improved to $197 million, translating to diluted EPS of $1.35. Adjusted EBITDA was $795 million, marking an 8.9 percent margin. For Q4 2021, sales totaled $2.27 billion, but net income decreased to $25 million due to rising input costs. Looking ahead, Dana anticipates a sales range of $9.6 to $10.1 billion for 2022, with expected adjusted EBITDA of $900 million to $1 billion.
Dana Incorporated (NYSE: DAN), based in Maumee, Ohio, has announced that its advanced driveline technologies will be featured on the 2022 Ford Maverick and Ford Bronco, recognized as the North American Truck and SUV of the Year. The Spicer AdvanTEK Ultra axle with SmartConnect technology enhances the Maverick's all-wheel-drive system, while the Bronco features Dana 35 and 44 AdvanTEK axles for robust off-road capability. Dana's contributions continue a legacy of innovation, with the company reporting $7.1 billion in sales for 2020 and a commitment to sustainable solutions.
Dana Incorporated (NYSE: DAN) has declared a quarterly dividend of $0.10 per share, payable on March 25, 2022, to shareholders as of March 4, 2022. The company reported $7.1 billion in sales for 2020 and is recognized for its sustainability efforts, named one of "America's Most Responsible Companies 2022" by Newsweek. Dana specializes in energy management and propulsion solutions across various mobility markets and employs around 38,000 people in 33 countries globally.
Dana Incorporated (NYSE: DAN) will participate in the Wolfe Research Virtual Global Auto, Auto Tech, and Mobility Conference on Feb. 24, 2022. The event starts at 8:50 a.m. EST, featuring a fireside chat with Timothy Kraus, Senior VP and CFO, lasting approximately 35 minutes. Webcast access details will be available on Dana's investor website prior to the conference. Dana, a leading manufacturer in propulsion and energy-management solutions, reported sales of $7.1 billion in 2020, emphasizing sustainability and social responsibility.
Dana Incorporated (NYSE: DAN) will announce its 2021 fourth-quarter and full-year financial results on February 23, 2022. A press release will be issued at 7 a.m. EST, followed by a conference call and webcast at 9 a.m. EST. The company's management will discuss results and answer questions. Dana reported sales of $7.1 billion in 2020 and emphasizes sustainability and innovation. The audio portion of the conference can be accessed via streaming or phone, and a recording will be available afterward.
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