Ampco-Pittsburgh Reports Q2 2025 Results: $7.3M Net Loss, $8M Adjusted EBITDA

Ampco-Pittsburgh reported Q2 2025 net sales of $113.1 million, a slight increase from the same period in 2024. However, the quarter was impacted by a net loss of $7.3 million, or $0.36 per share, due to exit costs for its U.K. cast roll operations and tariff volatility. Adjusted EBITDA for the quarter was $8.0 million, down $2.1 million from Q2 2024, but year-to-date adjusted EBITDA reached $16.8 million.

Ampco-Pittsburgh Corporation reported its second quarter 2025 earnings, highlighting a net sales increase to $113.1 million, up 2% from the previous year. However, the quarter was significantly impacted by a net loss of $7.3 million, or $0.36 per share, primarily due to exit costs for its U.K. cast roll operations and tariff volatility. Adjusted EBITDA for the quarter was $8.0 million, down $2.1 million from Q2 2024, but year-to-date adjusted EBITDA reached $16.8 million [1].

The company's stock reacted by declining 2.94% to $3.39, though it maintains an impressive 62.7% gain year-to-date. According to InvestingPro, Ampco-Pittsburgh maintains a "GOOD" overall financial health score, suggesting resilience despite current challenges. The stock's decline reflects investor apprehension about the immediate financial impact of the UK plant closure and broader market conditions [1].

Ampco-Pittsburgh's performance in Q2 2025 showed growth in net sales despite a challenging market environment. The company navigated tariff uncertainties and a weak flat rolled market in North America and Europe. The decision to wind down its UK operations significantly impacted the quarter's financial results but is expected to improve operating income by at least $5 million annually once completed [1].

Key Takeaways:
- Q2 2025 net sales rose by 2% year-over-year.
- Net loss of $7.3 million, impacted by UK exit charge.
- Stock price dropped by 2.94% following earnings release.
- Future guidance indicates a return to normal ordering patterns by 2026.

Looking forward, Ampco-Pittsburgh anticipates a return to normal ordering patterns by 2026. The company is focusing on cost control and expanding its Forged and Cast Engineered Products volumes. Additionally, the potential sale of the UK facility could provide further financial flexibility. CEO Brett McBrayer stated, "Despite the pause in our order book we’ve recently experienced, tariff clarity and the wind down of our UK operations will position us well as we move into 2026." [1]

References:
[1] https://www.investing.com/news/transcripts/earnings-call-transcript-ampcopittsburgh-q2-2025-reveals-uk-exit-impact-93CH-4189127