$BWA (BorgWarner Inc.)

$BWA {{ '2015-07-30T16:18:32+0000' | timeago}} • Webcast

$BWA 2Q15 Q&A: Patrick from Goldman Sachs asked main levers to get to that acceleration of organic growth, and Ronald replied, generally we do see some pick up in backlog in 2H versus 1H, and obviously that North American program picking up steam is helpful in that regard, and comps in 2H, which is a big variable &we are thinking about this.

$BWA {{ '2017-02-09T20:19:09+0000' | timeago}} • Webcast

$BWA believes to achieve mid-to-high single digit organic growth over the long-term. The company didn't change the 2017 outlook it provided few weeks ago.  For 2017, organic growth is expected to be 3.5-6.00% YoY. $BWA expects an inflationary environment in commodities and rising compliance costs. Free cash flow is expected to be $450-500MM.

$BWA {{ '2017-02-09T19:59:43+0000' | timeago}} • Webcast

$BWA provided its market outlook for 2017. In the light vehicles, China is projected to grow 2%, Europe to grow 1% and North America production to decline 1%. In commercial vehicles, North America and Europe face a downtrend and overall it's a challenging environment, the company said.

$BWA {{ '2017-02-09T19:46:35+0000' | timeago}} • Webcast

Commenting on the border tax, $BWA said that about 25% of its revenue is from North America. $BWA produces most of its products in US and Mexico. The company can adjust production levels between the two countries. $BWA added that about $200MM on $9Bil annual revenue is a manageable situation and it feels well positioned around border tax.

$BWA {{ '2017-02-09T13:21:17+0000' | timeago}} • Announcement

For 1Q17, $BWA expects organic net sales growth of approx. 2.5-6.5% compared with first quarter 2016 net sales of $2.27Bil. Net earnings are expected to be within a range of $0.81-0.85 per share.

$BWA {{ '2017-02-09T13:20:03+0000' | timeago}} • Announcement

$BWA reaffirmed its FY17 guidance. The company expects FY17 net sales to be approx. $8.81-9.04Bil. Net earnings are expected to be in the range of $3.35-3.45 per share.

$BWA {{ '2017-02-09T13:18:34+0000' | timeago}} • Announcement

Auto parts supplier $BWA reported 4Q16 net loss of $293MM, or $1.39 per share compared to earnings of $125MM, or $0.56 per share in 4Q16. Net sales during the quarter rose 6.4% YoY to $2.3Bil. Excluding items, $BWA earned $0.85 per share.

$BWA {{ '2016-10-27T22:32:37+0000' | timeago}} • Webcast

$BWA stated that its free cash flow YTD was $238MM, up $187MM from a year ago. The company added that it is still on track to generate between $400-475MM of free cash flow in 2016. $BWA's debt rose by $65MM, while cash declined by $59MM YTD when compared to the end of 2015. The increase in debt was mainly due to share repurchases.

$BWA {{ '2016-10-27T22:28:12+0000' | timeago}} • Webcast

On the M&A pipeline, $BWA said it is strong and the priority remains power electronics, which is a big priority for the company. In 4Q16, $BWA added that it is seeing strong growth in China, but a decline in the North America region.

$BWA {{ '2016-10-27T22:25:20+0000' | timeago}} • Webcast

Regionally, $BWA saw strong growth in China, North America and Korea overall in 3Q16. By segment, engine grew about 4% to $1.36Bil in 3Q16, driven by higher turbo and variable cam timing sales. In drivetrain, $BWA grew 48% to $866MM, while excluding currency & Remy (light vehicle aftermarket business), the growth was 11.4%.

$BWA {{ '2016-10-27T15:37:12+0000' | timeago}} • Announcement

$BWA narrowed its 2016 full year net sales and net earnings guidance range. Net sales growth is expected to be within a range of 15.2% to 16.0% compared with 2015.Net earnings are expected to be within a range of $3.24 to $3.28 per diluted share, of which approx. $0.12 per share are expected to be contributed by the company's Remy acquisition.

$BWA {{ '2016-10-27T15:35:27+0000' | timeago}} • Announcement

Auto parts supplier $BWA reported 3Q16 earnings of $83MM, or $0.39 per share, down from $157MM, or $0.70 per share, hurt by one-time charges of 39 cents per share. Net sales rose 17.5% to $2.21Bil.

$BWA {{ '2016-07-28T19:51:32+0000' | timeago}} • Webcast

$BWA expects to grow between 13.7% and 17.5% in FY16, up from 12.7-17.5% previously. Half of the improved outlook is due to greater comfort with volume and launch timing assumptions in $BWA's net new business. The other other reason being that the company expects the impact of currency to be less negative compared with its previous guide.

$BWA {{ '2016-07-28T19:49:50+0000' | timeago}} • Webcast

$BWA said it generated $362MM of net cash from operating activities in the first half of the year, which is up $43MM from a year ago. Capital spending was $235MM in 1H16, which is down $50MM from the year ago quarter. Capital spending was above company's trend in 2015, but has returned to normal spending levels.

$BWA {{ '2016-07-28T19:49:03+0000' | timeago}} • Webcast

$BWA's sales growth for the Engine segment on a comparable basis was 2.8% primarily due to higher turbocharger and variable cam timing sales, partially offset by weak commercial vehicle markets around the world. Sales growth for the Drivetrain segment on a comparable basis was 5.4% primarily due to higher all-wheel drive sales.

$BWA {{ '2016-07-28T19:48:24+0000' | timeago}} • Webcast

Auburn Hills, Michigan-based $BWA said it was pleased with its 2Q16 results. The growth came in at the high end of its guidance, and delivered strong operating performance. $BWA continues to be heavily focused on driving growth through the adoption of technology, and the company remains upbeat and positive about delivering full year guidance.

$BWA {{ '2016-07-28T17:05:33+0000' | timeago}} • Announcement

$BWA narrowed its 2016 net sales growth expectation to range of 13.7-17.5% from previous forecast of 12.7-17.5%. $BWA now expects 2016 EPS of $3.16-3.32, of which 12 cents are expected to be contributed by the Remy acquisition. Excluding impact of foreign currencies and Remy acquisition, net sales growth are now expected to be 3-5.5% range.

$BWA {{ '2016-07-28T17:00:25+0000' | timeago}} • Announcement

$BWA expects 3Q16 net sales growth of 13-20.8% and EPS of $0.74-0.81, of which about $0.03 are expected to be contributed by the Remy acquisition. Excluding impact of foreign currencies and Remy acquisition, net sales growth is expected to be within a range of 2.5-7.7%.

$BWA {{ '2016-07-28T16:58:23+0000' | timeago}} • Announcement

Auto parts supplier $BWA reported a rise in 2Q16 earnings driven by higher sales across its segments. Net income rose to $175.4MM or $0.76 per share from $157.4MM or $0.65 per share last year. Net sales grew to $2.33Bil from $2.03Bil. Non-GAAP EPS increased to $0.84 from $0.75.

$BWA {{ '2016-07-27T10:56:53+0000' | timeago}} • Announcement

$BWA said that its BoD declared a quarterly cash dividend of $0.13 per share of common stock. The dividend is payable on Sept. 15, 2016 to shareholders of record on Sept. 1, 2016.

$BWA {{ '2016-06-10T19:27:23+0000' | timeago}} • SEC

$BWA said it maintains various liquidity sources including cash and cash equivalents and the unused portion of its multi-currency revolving credit agreement. At March 31, 2016, the company had $392.3MM of cash, of which $377.8MM of cash is held by its subsidiaries outside of the US.

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