AP
Ampco-Pittsburgh Corporation3.6000
-0.0700-1.91%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
73.17MP/E (TTM)
-Basic EPS (TTM)
-0.27Dividend Yield
0%Recent Filings
8-K
8-K
8-K
8-K
U.K. subsidiary enters insolvency
Ampco-Pittsburgh's U.K. subsidiary, Union Electric Steel UK, entered administration on October 14, 2025, accelerating the exit from loss-making operations and eliminating expected losses starting Q4 2025. This structured insolvency confines to UES-UK, triggering a $43-45 million non-cash impairment charge in Q4, including a $23 million investment write-down and $29 million in deferred losses, offset by $7-9 million in expected lender recoveries. Lenders eased credit terms temporarily, dropping the Trigger Period threshold to 12.5% availability. Yet, it boosts adjusted EBITDA by $7-8 million annually while dodging hefty closure costs.
8-K
Q2 loss from U.K. exit costs
Ampco-Pittsburgh reported Q2 2025 net sales of $113.1 million, up slightly from $111.0 million last year, but swung to a $3.1 million operating loss due to $6.8 million in severance and exit costs for its U.K. cast roll operations. Adjusted EBITDA fell to $8.0 million amid tariff-driven order pauses and reduced production. The exit promises at least $5 million annual operating income gains. Backlog dropped 9%.
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