Financial PerformanceQ4/24 results were better than estimates, with net sales of $310 million and adjusted EBITDA of $35 million driven by higher gross profit due to lower material and conversion costs.
New Business OpportunitiesA new strategic win with a Japanese OEM has begun production, and Superior has been awarded new business from OEMs that were utilizing Chinese production capacity.
Operational EfficiencySuperior's low-cost manufacturing footprint with all production consolidated in Mexico and Poland gives the company a distinct advantage over competitors.