earnings
confidence high
sentiment positive
materiality 0.75
Dauch Q2 sales double to $2.96B on Dowlais; raises FY2026 EBITDA, FCF guidance
Dauch Corp
- Q2 sales $2.96B vs $1.54B YoY; net income $1.0M vs $39.3M; diluted EPS $0.00, adjusted EPS $0.32 vs $0.34.
- Adjusted EBITDA $389.6M (13.2% of sales) vs $202.1M prior year; adjusted FCF $148.4M vs $48.7M.
- Dowlais acquisition (closed Feb 3, 2026) drove YoY changes, nearly doubling sales versus prior year.
- FY2026 guidance raised: sales $10.6-10.8B, adjusted EBITDA $1.36-1.425B, FCF $260-325M; synergies $60-75M.
- China JV equity income guidance raised to $70-80M from $65-75M; capex 4.5-5% of sales.