$BWA (BorgWarner Inc.)

$BWA {{ '2015-10-29T14:27:32+0000' | timeago}} • Webcast

In 3Q15, $BWA's gross profit as a percentage of sales was 21.1% or up 20 BPs from last year. SG&A as a percentage of sales was 7.9%, a 70 BPs improvement from a year ago. R&D spending which is included in SG&A was 4% of sales.

$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.

Recent Transcripts

SNA (Snap-on Incorporated)
Thursday, July 20 2017 - 2:00pm
PII (Polaris Industries Inc.)
Thursday, July 20 2017 - 2:00pm
IIIN (Insteel Industries Inc.)
Thursday, July 20 2017 - 2:00pm
VMI (Valmont Industries, Inc.)
Thursday, July 20 2017 - 1:00pm
DHR (Danaher Corp.)
Thursday, July 20 2017 - 12:00pm
ABB (ABB Ltd.)
Thursday, July 20 2017 - 12:00pm
MOD (Modine Manufacturing Company)
Thursday, May 25 2017 - 1:00pm
MGA (Magna International Inc.)
Thursday, May 11 2017 - 6:30pm
AXL (American Axle & Manufacturing Holdings Inc.)
Friday, May 5 2017 - 2:00pm
SRI (Stoneridge Inc.)
Thursday, May 4 2017 - 1:00pm
TSLA (Tesla, Inc.)
Wednesday, May 3 2017 - 9:30pm
SMP (Standard Motor Products Inc.)
Wednesday, May 3 2017 - 3:00pm
MTOR (Meritor, Inc.)
Wednesday, May 3 2017 - 2:00pm
TOWR (Tower International, Inc.)
Tuesday, May 2 2017 - 5:00pm
DAN (Dana Holding Corporation)
Tuesday, May 2 2017 - 1:00pm
TEN (Tenneco Inc.)
Monday, May 1 2017 - 2:00pm
LLL (L-3 Communications Holdings Inc.)
Thursday, April 27 2017 - 3:00pm
CTS (CTS Corporation)
Thursday, April 27 2017 - 3:00pm
BWA (BorgWarner Inc.)
Thursday, April 27 2017 - 2:00pm
VC (Visteon Corporation)
Thursday, April 27 2017 - 1:00pm

AlphaGraphics you may like