Cooper-standard Holdings Inc. · NYSE:CPS
Cooper-standard — Q2 2025 Earnings Presentation
26 slides from Cooper-standard's earnings presentation, Aug 1, 2025
Slide 1: Creating Sustainable Solutions Together
Creating Sustainable Solutions TOGETHER Second Quarter 2025 Earnings Presentation August 1, 2025
Slide 2: Agenda
Agenda Introduction Roger Hendriksen | Director, Investor Relations Second Quarter Summary Jeff Edwards | Chairman and Chief Executive Officer Financial Overview Jon Banas | Executive VP and Chief Financial Officer Strategic Overview and Outlook Jeff Edwards Q&A 2
Slide 3: Forward-Looking Statements
Forward-Looking Statements This presentation includes “forward-looking statements” within the meaning of U.S. federal securities laws, and we intend that such forward-looking statements be subject to the safe harbor created thereby. Our use of words “estimate,” “expect,” “anticipate,” “project,” “pl
Slide 4: Second Quarter Summary
Second Quarter Summary Jeff Edwards, Chairman and CEO
Slide 5: Q2 2025 Highlights
Q2 2025 Highlights Continuing Strong Operating Performance; Cost Savings Being Realized as Planned 100% 97% 0.26 World-class Quality World-class Service World-class Safety Green Customer Scorecards Green Launch Scorecards Total Incident Rate $25m $4m $77m Manufacturing/Purchasing Cost Initiative Sav
Slide 6: Further Recognition as Supplier of Choice
Further Recognition as Supplier of Choice Continued dedication to operational excellence, business continuity and strong customer partnerships Renault Emblème Demo Car Photo credit © Renault Group - Direction Design 6
Slide 7: Financial Overview
Financial Overview Jon Banas, Executive VP and CFO
Slide 8: Financial Results
Financial Results (USD millions, except per share amounts) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 Sales $ 706.0 $ 708.4 $ 1,373.0 $ 1,384.8 Gross Profit $ 93.1 $ 82.9 $ 170.2 $ 144.6 % Margin 13.2 % 11.7 % 12.4 % 10.4 % Adjusted EBITDA1 $ 62.8 $ 50.9 $ 121.5 $ 80.3
Slide 9: Q2 2025 Bridge Analysis
Q2 2025 Bridge Analysis (USD millions) Sales Adjusted EBITDA1 $0 $0 2 1 See Appendix for definitions and reconciliation to U.S. GAAP. 2 Net of customer price adjustments. Includes impact of material cost and inflation recoveries. Totals may not add due to rounding. 9
Slide 10: Q2 2025 YTD Bridge Analysis
Q2 2025 YTD Bridge Analysis (USD millions) Sales Adjusted EBITDA1 $0 $0 1 See Appendix for definitions and reconciliation to U.S. GAAP 2 Net of customer price adjustments. Includes impact of material cost and inflation recoveries. Totals may not add due to rounding 10
Slide 11: Continuing Solid Liquidity
Continuing Solid Liquidity Free Cash Flow1 Liquidity - June 30, 2025 (USD, millions) (USD, millions) Three Months Ended June 30, 2025 2024 ABL availability Net cash used in operating activities $ (15.6) $ (12.0) Capital expenditures (7.8) (11.2) Cash on hand Free cash flow $ (23.4) $ (23.3) Current
Slide 12: Strategic Overview and Outlook
Strategic Overview and Outlook Jeff Edwards, Chairman and CEO
Slide 13: Relentless Focus on Our Strategic Imperatives
Relentless Focus on Our Strategic Imperatives FINANCIAL WORLD-CLASS PROFITABLE GROWTH CORPORATE STRENGTH EXECUTION DRIVEN BY INNOVATION RESPONSIBILITY Execute our business plans Attain world-class results Leverage our materials science and Deliver value to all our stakeholders achieving and sustaini
Slide 14: Sealing Systems: Driving Profitable Growth and Share Gains
Sealing Systems: Driving Profitable Growth and Share Gains • Operational excellence delivering financial health and a strong foundation • Harnessing global expertise to propel profitable growth in emerging markets • Leveraging digital transformation and AI to optimize asset utilization • Driving CPV
Slide 15: Sealing Systems: Strong Progress Toward Strategic Targets
Sealing Systems: Strong Progress Toward Strategic Targets 2 • >$300m new business awards since 2023 with innovations as a strong driver • New launches to continue driving incremental VCM • Further footprint optimization, increasing production in best cost countries • Optimized cost structure signifi
Slide 16: Fluid Handling Systems: Unlocking Our Full Potential
Fluid Handling Systems: Unlocking Our Full Potential • Filling market whitespace through strategic geographic expansion • Leveraging advantaged global footprint to serve targeted high-growth customers • Capitalizing on growth of the hybrid vehicle market and the launch of key innovations to drive in
Slide 17: Fluid Handling Systems: Strong Progress Toward Strategic Targets
Fluid Handling Systems: Strong Progress Toward Strategic Targets 1 • Booked business drives >360 bps VCM improvement vs 2024 • Pricing discipline and strong launch management support additional margin expansion • Further footprint optimization, increasing production in best cost countries • Relentle
Slide 18: 2025 Outlook: Continued Operational Excellence, Market Uncertainty
2025 Outlook: Continued Operational Excellence, Market Uncertainty Uncertainty around trade policy remains – Potential costs from tariffs – Potential impacts on light vehicle demand – Indirect impact on light vehicle production volumes Confident in our ability to measure and manage the impacts of ta
Slide 19: 2025 Outlook: Further Margin Expansion
2025 Outlook: Further Margin Expansion FY 2025 Updated 2024 Actuals Guidance1 Adjusted EBITDA2 Guidance Bridge Analysis (Estimates Based on Mid-point of Provided Range) Sales $2.73 billion $2.7 - $2.8 billion Adj. EBITDA2 $180.7 million $220 - $250 million Capital Expenditures $50.5 million $45 - $5
Slide 20: Cooper Standard
G CooperStandard
Slide 21: Appendix
G CooperStandard
Slide 22: Non-GAAP Financial Measures
Non-GAAP Financial Measures EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted net income (loss), adjusted earnings (loss) per share and free cash flow are measures not recognized under U.S. GAAP and which exclude certain non-cash and special items that may obscure trends and operating perfor
Slide 23: EBITDA and Adjusted EBITDA Reconciliation
EBITDA and Adjusted EBITDA Reconciliation (Unaudited, dollar amounts in thousands) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 Net (loss) income attributable to Cooper-Standard Holdings Inc. $ (1,401) $ (76,243) $ 151 $ (107,903) Income tax expense 8,081 8,080 10,784 12
Slide 24: Adjusted Net Income (Loss) and Adjusted EPS
Adjusted Net Income (Loss) and Adjusted EPS (Unaudited, dollar amounts in thousands except share and per share amounts) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 Net (loss) income attributable to Cooper-Standard Holdings Inc. $ (1,401) $ (76,243) $ 151 $ (107,903) Res
Slide 25: Adjusted EBITDA Margin, Financial Ratios
Adjusted EBITDA Margin, Financial Ratios Twelve Months Ended June 30, 2025 (Unaudited, dollar amounts in thousands) Twelve Months Ended Q3 2024 Q4 2024 Q1 2025 Q2 2025 June 30, 2025 Net (loss) income attributable to Cooper-Standard Holdings Inc. $ (11,057) $ 40,214 $ 1,552 $ (1,401) $ 29,308 Income
Slide 26: Free Cash Flow
Free Cash Flow (Unaudited, dollar amounts in thousands) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 Net cash used in operating activities $ (15,580) $ (12,013) $ (30,431) $ (26,212) Capital expenditures (7,772) (11,243) (25,315) (28,077) Free cash flow $ (23,352) $ (23,
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