$3.270
-0.144 (-4.39%)Zum Schluss
CVGI-News
CVGI-Events
CVG Reports Q3 Revenue of $208.1M
Reports Q3 revenue $208.1M, consensus $190.93M. James Ray, President and Chief Executive Officer, said, "The third quarter demonstrated the earnings potential of a leaner, more efficient, and more focused CVG. Strong volume growth across all three segments, together with productivity gains, drove meaningful revenue growth and improvement in gross margin, adjusted operating income, and adjusted EBITDA. We see further opportunities to improve performance, particularly through driving plant efficiencies and recovering higher commodity and freight costs."
Company Narrows FY26 EBITDA Outlook to $26M-$29M
Consensus $732.84M. Narrows FY26 adjusted EBITDA view to $26M-$29M from $26M-$31M. The company said, "This outlook reflects, among others, current industry forecasts for North America Class 8 truck builds. According to ACT Research, 2026 North American Class 8 truck production levels are expected to be at 272,442 units, up 8% versus the 2025 actual Class 8 truck builds of 251,251 units. The outlook for the Construction end market reflects high-single digit growth in 2026."
Commercial Vehicle Group Appoints David Ruppel as New CEO
Commercial Vehicle Group (CVGI) also announced that its board of directors has appointed David Ruppel as the company's next president and CEO and a member of the board, in each case effective November 9. Ruppel will succeed James Ray, who will step down as president and CEO and as a member of the board on November 9 and will remain with CVG as a senior advisor through his retirement on January 5, 2027. Ruppel currently serves as senior VP and general manager, transportation and Logistics at Littelfuse (LFUS).
Commercial Vehicle Group Appoints Angie O'Leary as CFO
Commercial Vehicle Group announced that its board of directors has appointed Angie O'Leary as executive VP and CFO, effective August 6. O'Leary has served as interim CFO since March and previously held the positions of senior VP, corporate controller and chief accounting officer.
Company Raises FY26 Adjusted EBITDA Outlook to $26M-$31M
Consensus $681.07M. Raises FY26 adjusted EBITDA view to $26M-$31M from $24M-$30M. Angie O'Leary, Interim Chief Financial Officer, added, "During the second quarter, we continued to strengthen our balance sheet and execute our capital allocation priorities. Building on the progress from earlier this year, we further reduced outstanding debt with proceeds from our recently executed at-the-market equity offering program, which we expect to contribute to lower cash interest expense going forward. We also continue to make targeted investments in working capital to support key program launches and the growth opportunities across our businesses. SG&A expense increased from the prior year driven by higher incentive compensation and advisory service fees. We remain focused on driving profitable growth, generating free cash flow, and advancing toward our long-term net leverage objective of approximately two times. Based on our first-half revenue performance, and the momentum we see across all three segments, we are raising our revenue and Adjusted EBITDA guidance ranges for the year."
Ähnliche Artikel
- How to Rebalance a Concentrated Stock Portfolio in 2026: Mag7 Drift, Tax-Aware Trims, and Practical Rebalance a concentrated stock portfolio in 2026: Mag7 drift risk, 5pp bands, tax-aware trims, RSP/IWM diversifiers, and single-name caps.
- Small Cap Stocks Investing Guide 2026: Russell 2000, Fed Hikes, and the Financing TradeSmall-cap stocks investing guide 2026: Russell 2000 vs S&P, IWM rate sensitivity, floating-rate debt, Fed hikes, valuation discounts, and a practical checklist.
- Santa Claus Rally and the Year-End Stock Market: Investor Guide for Late 2026Santa Claus rally explained: 7-day window stats since 1950, Nov–Dec seasonality, post-midterm 2026 setup, and a risk-managed year-end investing playbook.
Diese Seite dient nur der Recherche und ist keine Anlageberatung. Modelle können falsch liegen. Vergangene Wertentwicklung ist kein Indikator für die Zukunft.