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Stock impact report

Ampco-Pittsburgh outlines $7M-$8M adjusted EBITDA improvement following U.K. exit and strategic asset divestitures [Seeking Alpha]

Ampco-Pittsburgh Corporation (AP) 
Last ampco-pittsburgh corporation earnings: 11/7 08:20 am Check Earnings Report
US:NYSE Investor Relations: ampcopgh.com/investors
Company Research Source: Seeking Alpha
CEO J. McBrayer highlighted that "this was a strong quarter for Ampco-Pittsburgh, both in our underlying financial performance and in the decisive strategic actions we've taken to transform the company." Management reported consolidated adjusted Quick Insights The U.K. exit is expected to improve full-year adjusted EBITDA by $7 million to $8 million, removing a major operational drag and contributing to higher profitability. Record demand in nuclear and Navy markets, manufacturing capacity expansions, and strong year-over-year sales and EBITDA growth are driving significant improvement in the Air and Liquid segment. Ongoing risks include tariff uncertainty, operational transitions to maintain customer continuity post-closures, and managing unresolved liabilities such as pensions and asbestos. More Trending News Show less Read more
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