secwatch.observer — SEC 8-K summary
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Issuer:     DANA Inc (DAN)
CIK:        0000026780
Form:       8-K
Filed at:   2025-01-24T23:59:59+00:00
Accession:  0001193125-25-011804
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26780/000119312525011804/0001193125-25-011804-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26780/000119312525011804/d929780d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-011804

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