Edition:
United Kingdom

American Axle & Manufacturing Holdings Inc (AXL.N)

AXL.N on New York Stock Exchange

6.55USD
23 Aug 2019
Change (% chg)

$-0.40 (-5.76%)
Prev Close
$6.95
Open
$6.84
Day's High
$7.16
Day's Low
$6.52
Volume
793,926
Avg. Vol
466,327
52-wk High
$19.33
52-wk Low
$6.52

Latest Key Developments (Source: Significant Developments)

American Axle & Manufacturing Q2 Earnings Per Share $0.45
Friday, 2 Aug 2019 

Aug 2 (Reuters) - American Axle & Manufacturing Holdings Inc ::QTRLY SALES OF $1.70 BILLION.Q2 ADJUSTED EARNINGS PER SHARE $0.55.Q2 EARNINGS PER SHARE $0.45.SEES FY 2019 SALES $6.9 BILLION TO $7.0 BILLION.Q2 EARNINGS PER SHARE VIEW $0.58, REVENUE VIEW $1.78 BILLION -- REFINITIV IBES DATA.AAM IS TARGETING ADJUSTED EBITDA IN THE RANGE OF $1.05 - $1.10 BILLION IN 2019..FY2019 REVENUE VIEW $7.27 BILLION -- REFINITIV IBES DATA.AMERICAN AXLE - EXPERIENCING LOWER METAL MARKET PASS THROUGHS AND LOWER THAN PROJECTED GLOBAL PRODUCTION VOLUMES FOR CERTAIN PROGRAMS.AMERICAN AXLE - AAM IS TARGETING ADJUSTED FREE CASH FLOW OF APPROXIMATELY $250 MILLION IN 2019.AMERICAN AXLE & MANUFACTURING - EXITED Q2 WITH SOFTER SALES THAN ANTICIPATED AND EXPECT THIS TO CONTINUE TO IMPACT CO IN H2.  Full Article

American Axle Q2 Adjusted Earnings Per Share $0.55
Friday, 2 Aug 2019 

American Axle & Manufacturing Holdings Inc ::AAM REPORTS SECOND QUARTER 2019 FINANCIAL RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.55.Q2 EARNINGS PER SHARE $0.45.Q2 SALES $1.7 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.78 BILLION.Q2 EARNINGS PER SHARE ESTIMATE $0.58 -- REFINITIV IBES DATA.& MANUFACTURING HOLDINGS INC - TARGETING SALES IN RANGE OF $6.9 - $7.0 BILLION IN 2019..  Full Article

American Axle Q4 Adj. Earnings Per Share $0.45
Friday, 15 Feb 2019 

Feb 15 (Reuters) - American Axle & Manufacturing Holdings Inc ::AAM REPORTS FOURTH QUARTER AND FULL YEAR 2018 FINANCIAL RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.45.Q4 LOSS PER SHARE $3.24.Q4 SALES $1.69 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.68 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.42 -- REFINITIV IBES DATA.& MANUFACTURING HOLDINGS INC - TARGETING ADJUSTED FREE CASH FLOW IN RANGE OF $350 TO $400 MILLION IN 2019.& MANUFACTURING HOLDINGS INC SEES SALES IN RANGE OF $7.3 TO $7.4 BILLION IN 2019.& MANUFACTURING HOLDINGS INC - TARGETING ADJUSTED EBITDA IN RANGE OF $1.20 TO $1.25 BILLION IN 2019.& MANUFACTURING HOLDINGS INC - EXPECT PROFITABLY TO GROW IN 2019.& MANUFACTURING HOLDINGS - RESULTS IN Q4 AND FY 2018 REFLECT IMPACT OF NON-CASH GOODWILL IMPAIRMENT OF $485.5 MILLION.  Full Article

American Axle & Manufacturing Holdings Sees 2019 Sales Of $7.3 Bln To $7.4 Bln
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - American Axle & Manufacturing Holdings Inc ::SEES 2019 SALES $7.3 BILLION TO $7.4 BILLION.FY2019 REVENUE VIEW $7.21 BILLION -- REFINITIV IBES DATA.SEES 2018 ADJUSTED. EBITDA MARGIN ABOUT 16.25 PERCENT OF SALES.AMERICAN AXLE & MANUFACTURING HOLDINGS - SEES 2019 CAPEX ABOUT 7 PERCENT OF SALES.SEES 2019 ADJUSTED EBITDA $1.2 BILLION TO $1.25 BILLION.AMERICAN AXLE & MANUFACTURING HOLDINGS - SEES 2019 ADJUSTED FREE CASH FLOW OF ABOUT $350 MILLION TO $400 MILLION.SEES 2019 RESTRUCTURING AND ACQUISITION RELATED PAYMENTS $50 MILLION TO $60 MILLION.  Full Article

American Axle & Manufacturing Holdings Says CEO David Dauch's FY 2017 Total Compensation Was $13.2 Mln Vs $11.1 Mln In FY 2016
Thursday, 22 Mar 2018 

March 22 (Reuters) - American Axle & Manufacturing Holdings Inc ::AMERICAN AXLE & MANUFACTURING HOLDINGS INC SAYS CEO DAVID DAUCH'S FY 2017 TOTAL COMPENSATION WAS $13.2 MILLION VERSUS $11.1 MILLION IN FY 2016 - SEC FILING.  Full Article

American Axle & Manufacturing Says Unit ‍planning Public Offering Of $350 Mln Of Senior Notes
Monday, 12 Mar 2018 

March 12 (Reuters) - American Axle & Manufacturing Holdings Inc ::AMERICAN AXLE & MANUFACTURING ANNOUNCES PROPOSED SENIOR NOTES OFFERING.AMERICAN AXLE & MANUFACTURING - UNIT ‍PLANNING PUBLIC OFFERING OF $350 MILLION OF SENIOR NOTES.AMERICAN AXLE & MANUFACTURING -TO USE PROCEEDS,CASH ON HAND AND/OR BORROWINGS UNDER CREDIT AGREEMENT TO FUND REPURCHASE OF 6.25% SENIOR NOTES DUE 2021.  Full Article

American Axle Commences Tender Offer And Consent Solicitation For Its 6.25 Pct Senior Notes Due 2021
Monday, 12 Mar 2018 

March 12 (Reuters) - American Axle & Manufacturing Holdings Inc ::AMERICAN AXLE & MANUFACTURING COMMENCES TENDER OFFER AND CONSENT SOLICITATION FOR ITS 6.25% SENIOR NOTES DUE 2021.AMERICAN AXLE & MANUFACTURING HOLDINGS - ‍TENDERED NOTES MAY BE WITHDRAWN ON MARCH 23, 2018​.  Full Article

American Axle Q4 Adjusted Earnings Per Share $0.89
Friday, 16 Feb 2018 

Feb 16 (Reuters) - American Axle & Manufacturing Holdings Inc ::AAM REPORTS FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.89.Q4 EARNINGS PER SHARE $0.93.Q4 SALES $1.73 BILLION VERSUS $946.5 MILLION.‍CONFIRMED AAM'S FULL YEAR 2018 FINANCIAL OUTLOOK​.AAM IS TARGETING SALES OF APPROXIMATELY $7 BILLION IN 2018.Q4 EARNINGS PER SHARE VIEW $0.76, REVENUE VIEW $1.69 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $3.37, REVENUE VIEW $6.82 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

American Axle & Manufacturing Holdings Sees 2018 Sales Of About $7 Billion ‍​
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - American Axle & Manufacturing Holdings Inc ::AMERICAN AXLE & MANUFACTURING HOLDINGS SEES 2018 SALES OF ABOUT $7 BILLION - SEC FILING ‍​.AMERICAN AXLE & MANUFACTURING HOLDINGS SEES 2018 ADJUSTED. FREE CASH FLOW OF ABOUT 5 PERCENT OF SALES.  Full Article

American Axle & Manufacturing Holdings announces secondary common stock offering
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - American Axle :American Axle & Manufacturing Holdings Inc announces secondary common stock offering.Announces secondary offering of 15.0 million shares.  Full Article

Photo

Waymo picks Detroit factory for self-driving fleet, to be operational by mid-2019

SAN FRANCISCO Alphabet Inc's Waymo said on Tuesday it had chosen a factory in Detroit to mass produce self-driving cars, looking to the historical heart of the auto industry to build the vehicles of the future.