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24.06.25 - 22:06
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PHINIA Inc. to Report Q2 2025 Earnings (Business Wire)
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AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems and aftermarket solutions will report second quarter 2025 earnings results on Thursday, July 24, 2025. PHINIA's earnings press release, earnings presentation and other materials will be available at the “Investors” section of PHINIA's website, PHINIA - Investor Relations.
PHINIA will host a webcast to review second quarter 2025 results and take questions from the investment community at 8:30 AM Eastern Time on Thursday, July 24, 2025. The webcast may be accessed at the “Investors” section of PHINIA's website under the heading “Events & Presentations.” A replay of the webcast will be available at the same location after the conclusion of the presentation. Event information can be found below.
Event Title: PHINIA Q2 2025 Earnings Call
Event Date: Thursday, July 24, 2025, at 8:30 AM ET
Webcast Information
https://registrations.events/direct/Q4I120779225
Conference ID 12077
Telec...
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10.06.25 - 14:06
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PHINIA Announces Definitive Agreement to Acquire SEM (Business Wire)
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AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today announced it has entered into a definitive agreement for PHINIA to acquire all of the issued and outstanding shares of Swedish Electromagnet Invest AB (publ) (“SEM”). Founded in 1915, SEM is a prominent provider of advanced natural gas, hydrogen and other alternative fuel ignition systems, injector stators and linear position sensors primarily for the commercial vehicle, industrial, and off-highway markets.
Under the terms of the agreement, PHINIA will pay $47 million (452 million Swedish krona) for the acquisition of SEM, which is expected to generate approximately $50 million of annual revenue and approximately $10 million of annual adjusted EBITDA. The transaction, which is subject to customary closing conditions, is expected to close in the third quarter of 2025.
PHINIA expects the acquisition to enhance PHINIA's product portfolio and strategy, ena...
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10.06.25 - 14:01
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Swedish Electromagnet Invest AB (publ) is divested to PHINIA and intends to redeem bond loan (Cision)
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Procuritas and management shareholders have signed an agreement to divest Swedish Electromagnet Invest AB (publ) (“SEM”) to PHINIA Inc (“PHINIA”), (NYSE:PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, and SEM announces intention to redeem its outstanding bond loan.
Procuritas and management shareholders have today entered into a share purchase agreement regarding the divestment of all shares in SEM to PHINIA (the “Transaction”). The Transaction is subject to approval from the Inspectorate of Strategic Products, which is the relevant authority under...
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21.05.25 - 18:45
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PHINIA Board Declares Quarterly Dividend of $0.27 per Common Share (Business Wire)
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AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (“PHINIA” or the “Company”) (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today announced that its Board of Directors has declared a quarterly cash dividend in the amount of $0.27 per common share, payable on June 16, 2025, to shareholders of record at the close of business on June 2, 2025.
About PHINIA
PHINIA is an independent, market-leading, premium solutions and components provider with over 100 years of manufacturing expertise and industry relationships, with a strong brand portfolio that includes DELPHI®, DELCO REMY® and HARTRIDGE™. With over 12,500 employees across 43 locations in 20 countries, PHINIA is headquartered in Auburn Hills, Michigan, USA.
Across commercial vehicles and industrial applications (medium-duty and heavy-duty trucks, buses and other off-highway construction, marine, agricultural and aerospace and defense), light commercial vehicles (vans and trucks) and light passenge...
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25.04.25 - 13:36
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PHINIA Reports First Quarter 2025 Results (Business Wire)
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AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the first quarter ended March 31, 2025.
First Quarter Highlights:
Net sales of $796 million, a decrease of 7.8% compared with Q1 2024.
Excluding the decreases related to foreign currency and contract manufacturing agreements that ended in 2024, $16 million and $17 million, respectively, sales decreased $34 million or 4.1%, driven by lower original equipment manufacturer (OEM) sales across all regions.
Net earnings of $26 million and net margin of 3.3%, representing a year-over-year decrease of $3 million and 10 bps, respectively.
Adjusted EBITDA of $103 million with adjusted EBITDA margin of 12.9%, representing a year-over-year decrease of $28 million and 260 bps, respectively, primarily driven by the decrease in sales, the nonrecurrence of a supplier settlement, increased stand-alone company costs as we exited transition service agreem...
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27.03.25 - 21:09
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PHINIA Inc. to Report Q1 2025 Earnings (Business Wire)
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AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems and aftermarket solutions will report first quarter 2025 earnings results on Friday, April 25, 2025. PHINIA's earnings press release, earnings presentation and other materials will be available at the “Investors” section of PHINIA's website, PHINIA - Investor Relations.
PHINIA will host a webcast to review first quarter 2025 results and take questions from the investment community at 8:30 AM Eastern Time on Friday, April 25, 2025. The webcast may be accessed at the “Investors” section of PHINIA's website under the heading “Events & Presentations.” A replay of the webcast will be available at the same location after the conclusion of the presentation. Event information can be found below.
Event Title: PHINIA Q1 2025 Earnings Call
Event Date: Friday, April 25, 2025, at 8:30 AM ET
Webcast Information
PHINIA Q1 2025 Earnings Call - Events Platform - Q4
Teleconferencing Informatio...
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