Company: CPS
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001320461-25-000156
Chunk: 9

Company: Cooper-Standard Holdings Inc.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 2
Chunk 9
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Volume/Mix*Foreign ExchangeCost Decreases/(Increases)**(Dollar amounts in thousands)Segment adjusted EBITDASealing Systems$30,853 $29,904 $949 $(8,828)$(681)$10,458 Fluid Handling Systems29,029 23,089 5,940 4,154 3,583 (1,797)

* Net of customer price adjustments, including recoveries.

** Net of savings from 2024 restructuring initiatives.

Sealing Systems. The variance in volume and mix, including customer price adjustments, was driven by lower customer volumes, unfavorable product mix, and reduced customer recoveries. The cost decreases were driven by $12.7 million of manufacturing and purchasing savings through lean initiatives. These savings were partially offset by $2.2 million of unfavorable inflation in labor and other operational costs.

Fluid Handling Systems. The variance in volume and mix, including customer price adjustments, was driven by higher customer volumes, favorable product mix, and improved customer recoveries. The foreign currency exchange variance was primarily driven by a $2.8 million favorable impact of the Mexican Peso. The cost increases were driven by $6.0 million of unfavorable inflation in labor and other operational costs. These costs were partially offset by $4.2 million of manufacturing and purchasing savings through lean initiatives.

31

Nine Months Ended September 30, 2025 Compared with Nine Months Ended September 30, 2024

Sales

Nine Months Ended September 30,Variance Due To:20252024ChangeVolume/Mix*Foreign Exchange(dollar amounts in thousands)Sales to external customersSealing Systems$1,057,457 $1,069,590 $(12,133)$(11,141)$(992)Fluid Handling Systems954,994 941,996 12,998 15,148 (2,150)

* Net of customer price adjustments, including recoveries.

Sealing Systems. The variance in volume and mix, including customer price adjustments, was driven by lower customer volumes, unfavorable product mix and reduced customer recoveries. The foreign currency exchange variance was driven by a $8.7 million favorable impact of the Euro, which was more than offset by a $5.3 million unfavorable impact of the Brazilian Real, a $3.1 million unfavorable impact of the Canadian Dollar, and a $1.3 million unfavorable impact of all other currencies.

Fluid Handling Systems. The variance in volume and mix, including customer price adjustments, was driven