secwatch.observer — SEC 8-K summary
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Issuer:     DANA Inc (DAN)
CIK:        0000026780
Form:       8-K
Filed at:   2026-01-21T23:59:59+00:00
Accession:  0001193125-26-017249
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dana reports preliminary 2025 sales ~$7.5B, adj. EBITDA $600M; 2026 margin guidance raised to 10-11%
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- Preliminary 2025: sales ~$7.5B, adjusted EBITDA ~$600M (8% margin), adjusted FCF ~$315M.
- Completed Off-Highway sale at $2.7B enterprise value; used proceeds to reduce debt by $1.9B.
- Returned $704M to shareholders; repurchased 34M shares (23% of shares outstanding).
- 2026 guidance: sales $7.3-7.7B, adj. EBITDA $750-850M (10-11% margin), adj. FCF $250-350M.
- Three-year new business backlog of $750M; $200M incremental in 2026; cost savings target raised to $325M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26780/000119312526017249/0001193125-26-017249-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26780/000119312526017249/d85724d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-017249

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