American Axle & Mfg. Holdings DEFA14A Filing
Ticker: DCH · Form: DEFA14A · Filed: Feb 14, 2025 · CIK: 1062231
Sentiment: neutral
Topics: proxy-statement, earnings-call, sec-filing
Related Tickers: AXL
TL;DR
AXL proxy filing out for Q4 earnings call - forward-looking statements included.
AI Summary
American Axle & Manufacturing Holdings, Inc. filed a DEFA14A, indicating it is soliciting materials for its Fourth Quarter 2024 Earnings Call. The filing includes forward-looking statements and is a definitive proxy statement, not requiring a new filing fee. The company is based in Detroit, Michigan.
Why It Matters
This filing provides shareholders with information related to the company's financial performance and future outlook, as presented during their Q4 2024 earnings call.
Risk Assessment
Risk Level: low — This is a standard proxy filing related to an earnings call, not indicating any unusual or high-risk events.
Key Players & Entities
- AMERICAN AXLE & MANUFACTURING HOLDINGS INC (company) — Registrant
- 0001104659-25-013565 (filing_id) — Accession Number
- 20250214 (date) — Filing Date
- Detroit, MI (location) — Company Headquarters
FAQ
What type of filing is this?
This is a DEFA14A filing, a definitive proxy statement.
What event is this filing related to?
The filing is related to the Fourth Quarter 2024 Earnings Call.
Is there a fee required for this filing?
No fee is required for this filing.
Where is American Axle & Manufacturing Holdings, Inc. located?
The company's business and mail address is One Dauch Drive, Detroit, MI 48211-1198.
What is the SIC code for American Axle & Manufacturing Holdings, Inc.?
The Standard Industrial Classification code is 3714, for Motor Vehicle Parts & Accessories.
Filing Stats: 4,494 words · 18 min read · ~15 pages · Grade level 11.1 · Accepted 2025-02-14 09:30:17
Key Financial Figures
- $1.38B — ached appendix. 4Q 2024 Quarterly Sales $1.38B $160.8M Quarterly Adj. EBITDA 11.6% of
- $160.8M — ppendix. 4Q 2024 Quarterly Sales $1.38B $160.8M Quarterly Adj. EBITDA 11.6% of Sales $7
- $79.2M — 8M Quarterly Adj. EBITDA 11.6% of Sales $79.2M Quarterly Adj. Free Cash Flow $6.12B Fu
- $6.12B — es $79.2M Quarterly Adj. Free Cash Flow $6.12B Full Year Sales $749.2M Full Year Adj.
- $749.2M — . Free Cash Flow $6.12B Full Year Sales $749.2M Full Year Adj. EBITDA 12.2% of Sales $2
- $230.3M — 2M Full Year Adj. EBITDA 12.2% of Sales $230.3M $311M Full Year Adj. Free Cash Flow FY
- $311M — Year Adj. EBITDA 12.2% of Sales $230.3M $311M Full Year Adj. Free Cash Flow FY 2024
- $5.8 — 2025 Financial Targets Full Year Sales $5.8 - $6.05 billion Adjusted EBITDA $700 -
- $6.05 billion — inancial Targets Full Year Sales $5.8 - $6.05 billion Adjusted EBITDA $700 - $760 million Adj
- $700 — es $5.8 - $6.05 billion Adjusted EBITDA $700 - $760 million Adjusted Free Cash Flow
- $760 million — - $6.05 billion Adjusted EBITDA $700 - $760 million Adjusted Free Cash Flow $200 - $230 mil
- $200 — - $760 million Adjusted Free Cash Flow $200 - $230 million • These targets a
- $230 million — million Adjusted Free Cash Flow $200 - $230 million • These targets are based on Nor
- $20 — uring cash payments to be approximately $20 - $30 million • AAM’s 202
- $30 million — cash payments to be approximately $20 - $30 million • AAM’s 2025 financial ou
Filing Documents
- tm256415d2_defa14a.htm (DEFA14A) — 95KB
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- 0001104659-25-013565.txt ( ) — 7813KB
Forward-Looking Statements
Forward-Looking Statements 2 In this presentation, American Axle & Manufacturing Holdings, Inc. (“AAM”) makes statements concerning its and Dowlais’ expectations, beliefs, plans, objectives, goals, strategies, and future events or performance, including, but not limited to, certain statements related to the ability of AAM and Dowlais to consummate AAM’s business combination with Dowlais (the “Business Combination”) in a timely manner or at all; future capital expenditures, expenses, revenues, economic performance, synergies, financial conditions, market growth, dividend policy, losses and future prospects and business; and management strategies and the expansion and growth of AAM’s and the combined company’s operations. Such statements are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 and relate to trends and events that may affect AAM’s or the combined company’s future financial position and operating results. The terms such as “will,” “may,” “could,” “would,” “plan,” “believe,” “expect,” “anticipate,” “intend,” “project,” "target," and similar words or expressions, as well as statements in future tense, are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these statements. These risks and uncertainties related to AAM include factors detailed in the reports AAM files with the United States Securities and Exchange Co