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Ampco-Pittsburgh Corporation (the "Company") (NYSE:AP) announced that its wholly owned subsidiary, Union Electric Steel Corporation, has exited its U.K. cast roll operations. This exit effectively eliminates the operating losses to be incurred by its U.K. subsidiary, Union Electric Steel UK Limited. ("UES-UK"), starting in the fourth quarter 2025, rather than in the spring of 2026 as previously announced, and the significant cash plant closure costs associated with the previously anticipated wind-down operational plan. The Company is also increasing the estimated cost savings resulting from the exit to result in approximately $7 to $8 million increase in adjusted EBITDA on an annualized run
Recorded expenses of $6.8 million during 2Q 2025 for severance, accelerated depreciation and other costs to exit U.K. cast roll operations Company expects at least $5 million per year operating income improvement post-U.K. exit Adjusted EBITDA of $8.0 million in Q2 2025 and $16.8 million year-to-date June 2025 Tariff volatility impacted roll demand, order intake and production in Q2 Ampco-Pittsburgh Corporation (NYSE:AP) reported net sales of $113.1 million and $217.4 million for the three and six months ended June 30, 2025, compared to $111.0 million and $221.2 million for the three and six months ended June 30, 2024. Higher sales of forged engineered products and favorable fo
Ampco-Pittsburgh Corporation (NYSE:AP) will hold a conference call on Wednesday, August 13, 2025, at 10:30 a.m. Eastern Time (ET) to discuss its financial results for the second quarter ended June 30, 2025. If you would like to participate in the conference call, please register using the link below or by dialing 1-844-308-3408 at least five minutes before the 10:30 a.m. ET start time. We encourage participants to pre-register for the conference call using the following link. Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after th
4 - AMPCO PITTSBURGH CORP (0000006176) (Issuer)
4 - AMPCO PITTSBURGH CORP (0000006176) (Issuer)
4 - AMPCO PITTSBURGH CORP (0000006176) (Issuer)
8-K - AMPCO PITTSBURGH CORP (0000006176) (Filer)
8-K - AMPCO PITTSBURGH CORP (0000006176) (Filer)
10-Q - AMPCO PITTSBURGH CORP (0000006176) (Filer)
4 - AMPCO PITTSBURGH CORP (0000006176) (Issuer)
4 - AMPCO PITTSBURGH CORP (0000006176) (Issuer)
Recorded expenses of $6.8 million during 2Q 2025 for severance, accelerated depreciation and other costs to exit U.K. cast roll operations Company expects at least $5 million per year operating income improvement post-U.K. exit Adjusted EBITDA of $8.0 million in Q2 2025 and $16.8 million year-to-date June 2025 Tariff volatility impacted roll demand, order intake and production in Q2 Ampco-Pittsburgh Corporation (NYSE:AP) reported net sales of $113.1 million and $217.4 million for the three and six months ended June 30, 2025, compared to $111.0 million and $221.2 million for the three and six months ended June 30, 2024. Higher sales of forged engineered products and favorable fo
Ampco-Pittsburgh Corporation (NYSE:AP) will hold a conference call on Wednesday, August 13, 2025, at 10:30 a.m. Eastern Time (ET) to discuss its financial results for the second quarter ended June 30, 2025. If you would like to participate in the conference call, please register using the link below or by dialing 1-844-308-3408 at least five minutes before the 10:30 a.m. ET start time. We encourage participants to pre-register for the conference call using the following link. Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after th
Net income attributable to Ampco-Pittsburgh of $1.1 million in Q1 2025, a $3.8 million year-over-year increase Earnings per common share of $0.06, up $0.20 versus prior year Adjusted EBITDA of $8.8 million in Q1 2025 compared to $5.1 million in Q1 2024 Ampco-Pittsburgh Corporation (NYSE:AP) reported net sales of $104.3 million for the three months ended March 31, 2025, compared to $110.2 million for the three months ended March 31, 2024. Both the Forged and Cast Engineered Products ("FCEP") segment and the Air and Liquid Processing ("ALP") segment had lower sales year-over-year. Despite lower sales, the Corporation reported income from operations of $3.9 million for the three months
SC 13D/A - AMPCO PITTSBURGH CORP (0000006176) (Subject)
SC 13D/A - AMPCO PITTSBURGH CORP (0000006176) (Subject)
SC 13D/A - AMPCO PITTSBURGH CORP (0000006176) (Subject)
Ardent Health (NYSE:ARDT), a leading provider of healthcare in growing mid-sized urban communities across the U.S., today announced the appointment of Robert A. DeMichiei to its board of directors. A seasoned leader with over 30 years of experience in financial strategy, healthcare operations, and board governance, Mr. DeMichiei served as executive vice president and chief financial officer at the University of Pittsburgh Medical Center (UPMC) from 2004 to 2020. During his tenure, he played a pivotal role in driving UPMC's financial growth and led numerous strategic initiatives, including mergers and acquisitions, supply chain management, and revenue cycle improvements. Prior to joining U
Enters into Cooperation Agreement with Ancora Ampco-Pittsburgh Corporation (NYSE:AP) ("Ampco-Pittsburgh" or the "Corporation") today announced that it has appointed three independent directors to its Board of Directors (the "Board"), two of whom were appointed in connection with an agreement with Ancora Holdings Group, LLC (together with its affiliates, "Ancora"), a shareholder which currently owns approximately 5.6% of the Corporation's outstanding shares. Frederick D. DiSanto and Darrell L. McNair will join the Board as members of the class of directors to be elected at the 2023 Annual Meeting of the Corporation's shareholders, effective immediately pursuant to a Cooperation Agreement en
Ampco-Pittsburgh Corporation (NYSE:AP) (the "Corporation" or "Ampco-Pittsburgh") today announced the appointment of David G. Anderson as President of Air & Liquid Systems Corporation ("Air & Liquid Systems"), a wholly-owned subsidiary of Ampco-Pittsburgh, effective January 1, 2022. Mr. Anderson succeeds Terrence W. Kenny, who has served as Air & Liquid Systems' President since 2010 and has announced his retirement. Brett McBrayer, Chief Executive Officer of the Corporation, stated, "Terry's retirement will cap more than three decades of achievement and growth. He and his valued leadership will be greatly missed. On behalf of the Board and the Corporation, I would like to thank Terry for hi