Record Net Sales and Gross Profit
Net sales increased by 5.5% to a record $757.4 million, and gross profit increased by 16.1% to a record $153.8 million for fiscal 2025.
Cash Flow and Debt Reduction
Generated cash from operating activities of $45.5 million and reduced net bank debt by $32.6 million to $81.4 million.
Successful Share Repurchase
Repurchased 542,134 shares for $4.8 million at an average price of $8.91 per share.
Market Share Growth in Key Segments
Continued success in brake-related applications and the heavy-duty aftermarket segment, with increased demand in Mexico.
Positive EBITDA Performance
EBITDA for fiscal 2025 was $50.3 million, with EBITDA before noncash and onetime cash expenses at $92.8 million.