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 (NYSE: SUP) is a leading global manufacturer of aluminum wheels for original equipment manufacturers and automotive aftermarkets. This news hub provides investors and industry professionals with essential updates on SUP's operational milestones, financial performance, and market positioning.
Track official announcements including quarterly earnings reports, manufacturing innovations, strategic partnerships with automotive brands, and production facility developments. Our curated news collection offers reliable insights into SUP's role in advancing wheel technology and maintaining quality standards across its North American and European operations.
Key updates cover new OEM contracts, advancements in cast/flow-formed wheel production, sustainability initiatives, and industry recognition. Bookmark this page for direct access to SUP's latest developments impacting the automotive supply chain and investor considerations.
Superior Industries International, Inc. (NYSE:SUP) will release its financial results for the first quarter ended
Participants can access the call by dialing +1 786 697 3501 for the U.S. and Canada or 866 580 3963 for international listeners, using conference ID 5042023. The call will also be available via live webcast on the Company’s website, with a replay accessible afterward.
Superior is a leading aluminum wheel supplier, focused on innovative manufacturing and aftermarket brands, headquartered in Southfield, Michigan.
Superior Industries International reported strong financial results for Q4 and full year 2022, showcasing a 9% YoY increase in net sales to $402M and an 18% YoY increase to $1,640M for the year. The company achieved a net income of $17M in Q4, up from a loss of $4M in the previous year. Adjusted EBITDA rose 54% YoY to $58M in Q4 with margins expanding 660 bps. For 2023, the forecast includes net sales between $1.55B and $1.67B and adjusted EBITDA of $170M to $200M. Despite challenges like elevated costs and volatile production schedules, Superior remains optimistic about growth driven by operational efficiencies and a strong product portfolio.
