American Axle & Manufacturing Holdings Aktie
WKN: 918692 / ISIN: US0240611030
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02.05.2025 14:49:46
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American Axle & Manufacturing Trims FY25 Sales Outlook - Update
(RTTNews) - While reporting financial results for the first quarter on Friday, American Axle & Manufacturing Holdings, Inc. or AAM (AXL) said it now expects sales for the full-year 2025 in a range of $5.65 billion to $5.95 billion, down from the prior guidance range of $5.8 billion to $6.05 billion.
On average, eight analysts polled expect the company to report revenues of $5.82 billion for the year.
The company said the guidance is based on assumption of North American light vehicle production of approximately 14.0 million to 15.1 million units.
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