Welcome to our dedicated page for Superior Industries International news (Ticker: SUP), a resource for investors and traders seeking the latest updates and insights on Superior Industries International stock.
Superior Industries International, Inc. (SUP), headquartered in Southfield, Michigan, is a global leader in the design and manufacture of aluminum wheels. As one of the world's largest OEM suppliers, Superior Industries offers a comprehensive product range that includes both aluminum cast and flow-formed wheels. The company's dedication to quality and innovation has set industry standards and solidified its position as a top producer in the automotive sector.
Superior Industries operates five state-of-the-art manufacturing facilities, employing approximately 3,000 skilled professionals across the United States and Mexico. These facilities produce high-quality aluminum wheels for major vehicle platforms from leading automobile and light truck manufacturers around the world. Their key OEM customers include prestigious brands like BMW, Daimler (Mercedes-Benz, AMG, Smart), Ford, GM, Honda, Jaguar-Land Rover, Lucid Motors, Mazda, Nissan, PSA, Renault, Stellantis, Subaru, Suzuki, Toyota, VW Group (Volkswagen, Audi, SEAT, Skoda, Porsche, Bentley), and Volvo.
In addition to serving OEMs in North America and Europe, Superior Industries also caters to the European aftermarket. The company markets its aluminum wheels under recognized brands such as ATS, RIAL, ALUTEC, and ANZIO, maintaining a strong presence in this segment.
Recent achievements include the successful integration of new technologies aimed at enhancing product performance and durability. Superior Industries continues to invest in advanced manufacturing processes and sustainable practices to meet and exceed customer expectations while minimizing environmental impact.
Superior Industries is more than just a wheel manufacturer; it is a key player in the automotive industry's evolution. By continually pushing the boundaries of design, engineering, and manufacturing, the company plays a crucial role in shaping the future of mobility.
For the latest updates, financial reports, and news about Superior Industries International, Inc., visit their official website or follow their latest announcements.
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.
Superior Industries International, Inc. (NYSE:SUP) will announce its financial results for the fourth quarter and full year ending December 31, 2022, on March 2, 2023. A conference call to discuss these results will take place on the same day at 8:00 AM ET, led by President and CEO Majdi Abulaban, CFO Tim Trenary, and Investor Relations VP Joanne Finnorn. Interested parties can join the call by dialing +1 786 697 3501 (U.S./Canada) or 866 580 3963 (international), using conference ID 7630054. The call will also be accessible via the company’s website.
Superior Industries International (NYSE:SUP) has successfully refinanced its Term Loan and Revolving Credit Facilities. A new
The refinancing reflects the company’s strong financial performance and long-term growth potential, enhancing its ability to drive shareholder value.
FAQ
What is the current stock price of Superior Industries International (SUP)?
What is the market cap of Superior Industries International (SUP)?
What does Superior Industries International, Inc. specialize in?
Where is Superior Industries International, Inc. headquartered?
How many manufacturing facilities does Superior Industries operate?
Who are some of Superior Industries' key OEM customers?
What brands does Superior Industries use for its European aftermarket sales?
What recent achievements has Superior Industries accomplished?
How many people does Superior Industries employ?
What types of wheels does Superior Industries manufacture?
Where can I find more information about Superior Industries?
What is the significance of Superior Industries in the automotive industry?
