Dana reports preliminary FY2024 sales ~$10.3B, adj EBITDA $885M; guides 2025 adj EBITDA margin ~10%

DANA Inc

2024-FY EPS reported -$0.39 revenue$10,284,000,000

Preliminary FY2024 sales ~$10.3B (down from $10.6B); adj EBITDA $885M (margin 8.6% vs 8.0% in 2023); free cash flow ~$70M.
2025 guidance: sales $9.525-$10.025B, adj EBITDA $925M-$1,025M (implied ~10% margin at midpoint), FCF $175-$275M.
Cost-savings target raised to $300M annualized by 2026; expects 2026 adj EBITDA margin 9.5%-10.5%.
Organizational structure simplified to two segments (Light Vehicle, Commercial Vehicle) effective Q1 2025; Off-Highway sale process ongoing, potential announcement by Q1 earnings.

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