Company: CPS
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001320461-25-000131
Chunk: 4

Company: Cooper-Standard Holdings Inc.
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 2
Chunk 4
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Interest expense, net of interest income(28,712)(28,635)(77)(57,331)(57,916)585 Equity in earnings of affiliates1,708 1,302 406 3,484 3,572 (88)Pension settlement charge— (46,787)46,787 — (46,787)46,787 Other (expense) income, net(3,667)(5,129)1,462 5,217 (8,778)13,995 Income (loss) before income taxes6,608 (68,103)74,711 10,913 (95,280)106,193 Income tax expense8,081 8,080 1 10,784 12,211 (1,427)Net (loss) income(1,473)(76,183)74,710 129 (107,491)107,620 Net loss (income) attributable to noncontrolling interests72 (60)132 22 (412)434 Net (loss) income attributable to Cooper-Standard Holdings Inc.$(1,401)$(76,243)$74,842 $151 $(107,903)$108,054 

Three Months Ended June 30, 2025 Compared with Three Months Ended June 30, 2024 

Sales

Three Months Ended June 30,Variance Due To:20252024ChangeVolume/Mix*Foreign Exchange(Dollar amounts in thousands)Total sales$705,973 $708,362 $(2,389)$(6,629)$4,240 

* Net of customer price adjustments, including recoveries.

Sales for the three months ended June 30, 2025 decreased 0.3% compared to the three months ended June 30, 2024. The decrease in sales was driven by the negative impact of volume and mix, net of customer price adjustments including recoveries, partially offset by favorable foreign exchange.

Gross Profit

Three Months Ended June 30,Variance Due To:20252024ChangeVolume/Mix*Foreign ExchangeCost (Decreases)/Increases**(Dollar amounts in thousands)Cost of products sold$612,922$625,422$(12,500)$9,498 $2,166 $(24,164)Gross profit93,05182,94010,111 (16,127)2,074