May. 2 at 12:03 PM
$AXL Q1 results show mixed signals. Sales down 12.4% YoY to
$1.41B, but operating cash flow improved to
$55.9M from
$17.8M. Management touts cost control, yet lowers full-year guidance: EBITDA now
$665-745M vs prior
$700-760M. That debt pile (
$2.07B net) still looms large. Neutral until Dowlais combo clarity.
https://www.prnewswire.com/news-releases/aam-reports-first-quarter-2025-financial-results-302444766.html