Oct. 15 at 4:25 PM
$CPS 3Q ER is just a warm up. So is the debt refi.
$3.8B rev and 15+% EBITDA by 2030 from ICE to Hybrid migration on contracted platforms at estimated 15.5-16.0M North American production volume. This is a low estimate and already getting revised higher as sales volume picks up.
$STLA turnaround is real. If STLA North America recovers market share lost over last 6 years it is an additional 1M production volume for CPS.
3-5 years of accelerated revenue growth on high operating leverage and incremental margins. Pretty exciting for a boring auto part supplier.
