Dana Holding Corp ( (DAN) ) has released its Q1 earnings. Here is a breakdown of the information Dana Holding Corp presented to its investors.
Dana Incorporated, based in Maumee, Ohio, is a global leader in the design and manufacture of propulsion and energy-management solutions for vehicles and machines across various mobility markets. The company is recognized for its sustainable and innovative solutions in the automotive industry.
In its 2025 first-quarter earnings report, Dana Incorporated reported financial results that aligned with expectations. The company maintained its sales and adjusted EBITDA guidance ranges, despite challenges such as tariffs and cost inflation.
The first quarter of 2025 saw Dana’s sales total $2.35 billion, a decrease from $2.74 billion in the same period of 2024. Net income attributable to Dana was $25 million, or $0.17 per share, a significant improvement from $3 million, or $0.02 per share, in the first quarter of 2024. Adjusted EBITDA was reported at $188 million, with a margin of 8.0 percent. The company also highlighted a cost-savings plan targeting $225 million in savings by 2025.
Dana’s management is optimistic about the future, with expectations of slight sales increases due to tariff recoveries and currency translation. The company is focused on managing working capital and improving cash flow, with a continued emphasis on efficiency improvements and cost-saving measures.
Looking ahead, Dana Incorporated remains committed to its financial targets for 2025, with plans to navigate market challenges through strategic initiatives and operational efficiencies. The company aims to maintain its adjusted EBITDA guidance and expects to see improvements in sales and cash flow throughout the year.