Executive readout · one minute
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One customer — 30% of revenue (the first nine months of 2026)
“Sales to GM were approximately 30% of our consolidated net sales for the first nine months of 2026, and 44% for both the first nine months of 2025 and the full year 2025.”
One customer — 13% of revenue (the first nine months of 2026)
“Sales to Stellantis were approximately 13% of our consolidated net sales for each of the first nine months of 2026, the first nine months of 2025 and the full year 2025.”
One customer — 11% of revenue (the first nine months of 2026)
“Sales to Ford were approximately 11% of our consolidated net sales for the first nine months of 2026, and 15% for both the first nine months of 2025 and the full year 2025.”
Earnings call · FY2026 Q1
Executive readout · one minute
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Management tone
Positive
Net tone +45 · moderate hedging
Forward guidance
7 guided metrics
Management's latest ranges and targets are included below.
Research coverage
3 live sources
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From the 8-K filed May 8, 2026.
| Metric | Period | Guided | Basis |
|---|---|---|---|
|
Sales
Raised
full year 2026
|
$10.3B – $10.8B | — | |
|
Adjusted EBITDA
Raised
full year 2026
|
$1.3B – $1.43B | Non-GAAP | |
|
Synergy benefits (included in Adjusted EBITDA)
full year 2026
|
$50M – $75M | Non-GAAP | |
|
Adjusted free cash flow
Maintained
full year 2026
|
$235M – $325M | Non-GAAP | |
|
Capital expenditures
Maintained
full year 2026
|
4.5% – 5% | — | |
|
Restructuring cash payments
Maintained
full year 2026
|
$110M – $150M | — | |
|
Synergy implementation cash payments
Maintained
full year 2026
|
$100M – $125M | — |
How the reported period landed and where the business moved.
Company presentation
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SEC filing · Item 2.02
Filed May 8, 2026 · complete as-filed document
SEC periodic report
Filed May 8, 2026 · complete as-filed document