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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) 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.
Superior Industries International reported strong second quarter results for 2021, with net sales of $347.5 million, up from $144.8 million year-over-year. Value-Added Sales also surged to $195.5 million, reflecting a 121% increase driven by higher volumes and a favorable product mix. Despite ongoing supply chain challenges, including semiconductor shortages, the company reaffirmed its full-year guidance, anticipating net sales between $1.30 billion and $1.37 billion.
Net income reached $1.7 million, a significant recovery from a $43.2 million loss in 2020.
Superior Industries International (NYSE:SUP) will announce its financial results for Q2 on August 4, 2021. The release will be followed by a conference call at 8:30 AM ET, hosted by CEO Majdi Abulaban and CFO Timothy Trenary. Participants can join by phone or online, with a replay available post-call. Superior is a leading aluminum wheel supplier, focusing on innovative manufacturing and design, serving the European aftermarket under renowned brands.
Superior Industries International (NYSE:SUP) announced a virtual presentation by CEO Majdi Abulaban and CFO Tim Trenary at the Deutsche Bank Global Auto Industry Conference on June 16, 2021, at 3:00 p.m. ET. Investors can access the presentation via webcast on the Company’s website, with a replay available afterward. Superior is a leading supplier of aluminum wheels, known for innovative products and technologies. The company serves the European aftermarket under brands like ATS®, RIAL®, ALUTEC®, and ANZIO®.
Superior Industries International (NYSE:SUP) has announced its compliance with NYSE listing standards after receiving a notice from the exchange on May 20, 2021. This follows a previous notification on June 9, 2020, citing non-compliance due to a global market capitalization and shareholders' equity of less than $50 million. Superior's reinstatement is attributed to improved performance aligning with its business plan and meeting NYSE requirements over the last two quarters.
Superior Industries International reported strong Q1 2021 results, with net sales of $358.2 million compared to $301.1 million in Q1 2020. Value-Added Sales rose to $207.3 million, driven by a shift to larger wheels. Gross profit increased to $43.0 million from $23.1 million, and net income reached $13.1 million versus a loss of $190.1 million in the same period last year. The company reaffirmed its 2021 guidance, expecting unit shipments between 16.9 - 17.7 million and net sales of $1.30 - $1.37 billion.
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