Phinia raises FY25 revenue view to $3.39B-$3.45B from $3.33B-$3.43B

Consensus $3.4B. narrows FY25 adjusted EBITDA view to $465M-$480M from $455M-$485M. The company said, ‘The Company updated its full year 2025 guidance, incorporating the expected 2025 performance of the SEM business. Net sales is expected to be in the range of $3.39 billion to $3.45 billion. Excluding the impacts of foreign exchange, contract manufacturing arrangements in 2024, and the acquisition in 2025, this implies a year-over-year sales range of 1% decline to flat in 2025. The Company’s net earnings and adjusted EBITDA are projected to be $100 million to $110 million and $465 million to $480 million, respectively, with net earnings margin of 2.9% to 3.2% and adjusted EBITDA margin of 13.6% to 14.0%. The Company expects to generate $175 million to $205 million in adjusted free cash flow. Adjusted tax rate is expected to be in the range of 33% to 37%.”