Superior Affirms Strong Liquidity Position and Provides Update Regarding COVID-19
Superior Industries International, Inc. (DE) (SUP)
Last superior industries international, inc. (de) earnings: 2/28 07:00 am
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Source: Business Wire
SOUTHFIELD, Mich.--(BUSINESS WIRE)--Superior Industries International, Inc. (NYSE:SUP), one of the world’s leading aluminum wheel suppliers, today provided a business update regarding COVID-19, and its impact on the automotive industry and Superior’s operations.The impact from the COVID-19 pandemic has driven unprecedented market volatility over the last several weeks and is having a widespread adverse effect on the automotive industry on both consumer demand and OEM automotive production. While the extent of the impact is unknown and the situation is evolving rapidly, key customers have announced temporary closure of nearly all production facilities in Europe and North America. The announced timing and duration of these closures varies by customer and facility, but the outcome is highly uncertain.In light of this uncertainty, Superior is taking further action to both ensure the health and safety of its employees globally and respond to the current industry production environment
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Analyst Actions
- 3/7/24 - Barrington Research
SUP
Sec Filings
- 4/12/24 - Form DEFA14A
- 4/12/24 - Form 8-K
- 4/2/24 - Form 4
- SUP's page on the SEC website