HighGravityDataBorgWarner — May 7, 2025 release
Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000908255-25-000017
Showing in the filing
Elimination of annualized adjusted operating losses from Charging business exit
“approximately $30 million”
Period
No period stated
Measure
Company-defined measure
Source
Prose
All guidance in this release · 17
Annualized adjusted operating losses elimina…
“approximately $30 million”
Elimination of annualized adjusted operating…
“approximately $30 million”
Annual cost savings (consolidation of North … for FY2026
“approximately $20 million”
Net sales for FY2025
“$13.6 billion to $14.2 billion”
Weighted light and commercial vehicle markets for FY2025
“down 4% to down 2%”
Organic sales for FY2025
“down 2% to up 2%”
Year-over-year change in organic sales for FY2025
“down 2% to up 2%”
Estimated outgrowth above market production for FY2025
“approximately 200 to 400 basis points”
Foreign currencies impact on sales for FY2025
“an increase in sales of $250 million compared to the Company’s previous guidance”
Increase in sales from stronger foreign curr… for FY2025
“an increase in sales of $250 million compared to the Company’s previous guidance”
Operating margin for FY2025
“8.1% to 8.6%”
Adjusted operating margin for FY2025
“9.6% to 10.2%”
Net earnings for FY2025
“$3.44 to $3.85 per diluted share”
Net earnings per diluted share for FY2025
“$3.44 to $3.85”
Adjusted net earnings per diluted share for FY2025
“$4.00 to $4.45”
Operating cash flow for FY2025
“$1,323 million to $1,375 million”
Free cash flow for FY2025
“$650 million to $750 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
• The Company announced a number of portfolio actions that are intended to drive focus and enhance its future long-term profitable growth including: • Exiting its Charging business during the second quarter of 2025. This action is expected to create a more focused portfolio and eliminate approximately $30 million of annualized adjusted operating losses. • Consolidation of its North American Battery Systems business, which is expected to align the business’s cost structure to current market dynamics. This action is expected to result in annual cost savings of approximately $20 million by 2026. New Business Awards Across Portfolio The Company secured multiple new business awards that are expected to support its future long-term profitable growth, these include the following: • High-volume hybrid eMotor award with a major North American OEM. The eMotor will be used on a series of hybrid full-size trucks and SUVs, as well as a performance vehicle application. This business is expected to launch in 2028. • High-voltage coolant heater (HVCH) award in North America with a global OEM for their plug-in hybrid electric vehicles (PHEV), including mid-size pickup trucks, SUVs and minivans. This business is expected to launch in 2027. • Four program extensions for exhaust gas recirculation (EGR) components including valves, coolers and modules with a major North American OEM used in their passenger and light commercial vehicle platforms. Production of these components is expected to continue through th
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.