Dana — Apr 29, 2026 release

Dana announced a new business award with Stellantis for the RAM Dakota program, expanding the company’s presence in the compact truck market. The award includes the supply of front drive units and rear axles for an all-new vehicle platform, with production expected to begin in early 2028. This win increases Dana’s three-year net new sales backlog to approximately $950 million, reinforcing continued momentum in high-quality new business. “Dana 2030 establishes ambitious long-term targets, and our near-term focus is on translating that vision into sustained execution and performance improvement,” said Byron Foster, incoming Chief Executive Officer of Dana Incorporated. “The pace of recent new business wins demonstrates the strength of our product portfolio and reinforces Dana’s long-term growth trajectory. As macro and market conditions begin to improve, we are unlocking incremental operating leverage. At the same time our teams are executing with discipline, improving efficiency, and positioning Dana to deliver increased performance throughout the year.”   1 2026 Financial Targets        Revised Guidance   Sales    $ 7.30 to $7.70 billion   Adjusted EBITDA    $ 750 to $850 million   Implied adjusted EBITDA margin      10.0% to 11.0%   Diluted Adjusted EPS    $ 2.00 to $3.00   Adjusted free cash flow    $ 250 to $350 million   Dana to Host Conference Call at 9 a.m. Wednesday, April 29 Dana will discuss its first quarter 2026 results in a confer