Fri 11/03/2023 11:51 AM
Share this article:
Credit Research: Justin Spuma

Relevant Items:
Earnings Release
UAW Strike Coverage
American Axle Analysis

American Axle reported net sales of $1.55 billion in the third quarter, a modest year-over-increase of approximately 1%. The increase was driven by a $55 million positive impact on volume, mix and other, offset by a $15 million negative impact related to the UAW work stoppage.

The company reported a 21% year-over-year decline in adjusted EBITDA to $157 million in the third...
Share this article:
This article is an example of the content you may receive if you subscribe to a product of Reorg Research, Inc. or one of its affiliates (collectively, “Reorg”). The information contained herein should not be construed as legal, investment, accounting or other professional services advice on any subject. Reorg, its affiliates, officers, directors, partners and employees expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this publication. Copyright © 2024 Reorg Research, Inc. All rights reserved.
Thank you for signing up
for Reorg on the Record!