Adjusted Operating Income Margin Improvement
Adjusted operating income margin improved by 20 basis points year-over-year to 5.5%, driven by lower tooling sales, operational improvements, and lower depreciation.
Positive Free Cash Flow
Free cash flow before IFRS 16 lease payments was $44.5 million, and the expectation is to reach the high end of the 2025 full-year free cash flow outlook of $125 million to $175 million.
New Business Awards and Extensions
Secured new business worth $30 million in annualized sales with major automotive companies, contributing to a total of $170 million in new business awards over the last 4 quarters and $1 billion in program extensions.
Recognition for Workforce Development
Martinrea received the 2025 Change Champion Award from the Automotive Women's Alliance Foundation for its contributions to the advancement of women in the automotive industry.