Ampco-Pittsburgh Corporation $(AP)$ has released its financial results for the second quarter of 2025. The company reported net sales of $113.1 million for the three months ended June 30, 2025, a slight increase from $111.0 million in the same period of 2024. The six-month net sales totaled $217.4 million, down from $221.2 million in the prior year. The increase in sales of forged engineered products and favorable foreign exchange offset weaker mill roll sales. The company recorded a net loss of approximately $7.3 million for the quarter, which includes a $6.8 million charge related to the exit from its U.K. cast roll operations. This compares to a net income of $2.0 million for the second quarter of 2024. The six-month net loss was $6.2 million, compared to a loss of $0.7 million in the same period of 2024. CEO Brett McBrayer noted that the volatility from U.S. tariff actions impacted the results, leading to a 9% decline in the backlog for the Forged and Cast Engineered Products segment by the end of the quarter. The company plans to exit its U.K. cast roll operations, expecting an annual earnings improvement of at least $5 million following the exit. With a recent E.U. deal reducing trade policy uncertainty, Ampco-Pittsburgh anticipates a more favorable environment in 2026.