Ampco-Pittsburgh Corporation Releases Transcript of Second Quarter 2025 Earnings Results Conference Call

Reuters
08/16
Ampco-Pittsburgh Corporation Releases Transcript of Second Quarter 2025 Earnings Results Conference Call

Ampco-Pittsburgh Corporation recently held its Second Quarter 2025 Earnings Results Conference Call on August 13, 2025. Key corporate participants included CEO J. Brett McBrayer, Senior VP and CFO Michael G. McAuley, President of Air & Liquid Systems Corporation David G. Anderson, and President of Union Electric Steel Corporation Samuel C. Lyon. The call discussed the company's adjusted EBITDA of $8 million for the quarter, which was negatively impacted by a pause in customer orders due to tariff uncertainties. CEO J. Brett McBrayer highlighted that "a major focus in the quarter was on our U.K. cast roll facility, where we continue to experience significant losses." The company recorded $6.8 million in expenses related to the U.K. exit charge, including employee severance and accelerated depreciation. CFO Michael G. McAuley noted, "Following the exit from this location, operating income is expected to improve by at least $5 million on an annualized run-rate basis." Despite these challenges, Ampco's net sales for the second quarter of 2025 were $113.1 million, a 2% increase compared to the previous year. The full transcript can be accessed through the link below.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ampco-Pittsburgh Corporation published the original content used to generate this news brief on August 15, 2025, and is solely responsible for the information contained therein.

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