Overview

• North American revenues climbed 2.7% to $687 M with EBITDA up 25.1% to $89 M in Q2 as customers accelerated purchases and T-MEC compliance kept U.S. tariffs at bay.
• Consolidated Q2 revenue reached $1.27 B, a 0.6% year-on-year rise, while operating profit surged 11.7% to $182 M thanks to a stronger product mix and efficiency gains.
• European sales volumes fell 4.1% to 9.8 M equivalent units as vehicle production slowed and automakers adjusted inventories.
• A $69 M non-monetary currency loss from euro appreciation drove a net deficit of $24 M for the quarter.
• The company reaffirmed its full-year targets of $4–4.6 B in revenue, $580–600 M in EBITDA and 37–38 M units and flagged that second-half activity would soften due to planned customer stoppages and seasonal holidays.