Ampco-Pittsburgh Posts Q2 2025 Loss of $0.36 per Share

Ampco-Pittsburgh reported a Q2 2025 loss of $0.36 per share, down from a $0.10 profit in Q2 2024. Revenue increased 1.9% to $113.1m, while net loss decreased 465% to $7.34m. The company's shares have fallen 11% in the past week.

Ampco-Pittsburgh Corporation (AP) has released its Q2 2025 earnings report, highlighting a net loss of $0.36 per share, down from a $0.10 profit in the same period last year. Revenue increased by 1.9% to $113.1 million, while the net loss decreased by 465% to $7.34 million. The company's shares have fallen by 11% in the past week.

The quarterly results were negatively impacted by a $6.8 million charge for severance and other exit costs related to the company's U.K. operations. This charge, combined with lower margins in the Forged and Cast Engineered Products segment, resulted in an adjusted EBITDA of $8.0 million, down from $10.1 million in the previous year [1].

Despite these challenges, the Air and Liquid Processing segment showed improved profitability, with adjusted EBITDA increasing by 15% compared to the prior year. The company anticipates a minimum of a $5 million annual improvement in operating income following the wind down of the UK cash roll facility [2].

Ampco-Pittsburgh's decision to exit the U.K. operations is part of a broader strategy to enhance profitability amid tariff volatility that affected roll demand and production. The company expects a more stable trade environment in 2026, following a recent E.U. deal, which could positively impact future performance [3].

The stock reacted by declining 2.94% to $3.39 following the earnings release, reflecting investor apprehension about the immediate financial impact of the UK plant closure and broader market conditions. Despite the day's decline, the stock has delivered an impressive 62.7% gain year-to-date [3].

Looking ahead, Ampco-Pittsburgh remains cautiously optimistic about the company's prospects. The company continues to focus on strategic initiatives to strengthen its core operations and enhance shareholder value.

References:
[1] https://www.tipranks.com/news/company-announcements/ampco-pittsburgh-reports-q2-2025-results-amid-u-k-exit
[2] https://finance.yahoo.com/news/ampco-pittsburgh-corp-ap-q2-230129772.html
[3] https://www.investing.com/news/transcripts/earnings-call-transcript-ampcopittsburgh-q2-2025-reveals-uk-exit-impact-93CH-4189127