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
Net sales
“$13.6 billion to $14.2 billion”
Period
FY2025
Measure
GAAP-tied
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 increase in adjusted net earnings per diluted share was primarily due to the impact of higher adjusted operating income and lower share count. Full Year 2025 Guidance Update: The Company has provided a 2025 full year guidance update. Net sales are expected to be in the range of $13.6 billion to $14.2 billion in 2025, compared with 2024 sales of approximately $14.1 billion. This is a slight increase from the Company’s previous range as a result of favorable impacts from foreign exchange and tariff customer recoveries which were mostly offset by lower industry production expectations. The Company expects its weighted light and commercial vehicle markets to be in the range of down 4% to down 2% in 2025. This is a reduction from the Company’s prior range of down 3% to down 1% primarily due to the potential impact of tariffs on global industry production. The Company’s sales guidance implies a year-over-year change in organic sales of down 2% to up 2% or estimated outgrowth above market production of approximately 200 to 400 basis points. The increase in the Company’s estimated outgrowth compared to its previous guidance of 100 to 300 basis points reflects anticipated tariff customer recoveries. Stronger foreign currencies are expected to result in an increase in sales of $250 million compared to the Company’s previous guidance. The Company expects operating margin to be in the range of 8.1% to 8.6% in 2025. Excluding the impact of non-comparable items and the add back of intangible asset
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.