Forged products maker Ampco-Pittsburgh's Q3 adjusted EBITDA rises 35% yr/yr

Reuters

Nov 13

Forged products maker Ampco-Pittsburgh's Q3 adjusted EBITDA rises 35% yr/yr

Overview

Ampco-Pittsburgh Q3 net sales rose to $108 mln, driven by higher shipment volumes
Adjusted EBITDA for Q3 increased 35% year-over-year to $9.2 mln
Company expects $7-8 mln annual EBITDA improvement post-UK exit

Outlook

Company expects $7 to $8 mln annual adjusted EBITDA improvement post-UK exit
Ampco-Pittsburgh anticipates significant earnings rise post-business exits in Q4 2025
Company well-positioned for sustainable profitability as trade policy clarifies

Result Drivers

SHIPMENT VOLUMES - Higher shipment volumes in the Air and Liquid Processing segment contributed to sales growth
ROLL PRICING - Higher net roll pricing supported sales in the Forged Engineered Products segment

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 EPS		-$0.11
Q3 Net Income		-$2.20 mln
Q3 Operating Income		$1.10 mln

Press Release: ID:nBw2Z9qn2a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. 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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}