Company: CPS
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001320461-25-000131
Chunk: 3

Company: Cooper-Standard Holdings Inc.
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 2
Chunk 3
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 remain relatively flat in 2026, followed by modest growth of 2-3% in 2027. However, actual production volumes have varied and may fluctuate from forecasted levels due to various factors including, but not limited to, consumer demand, the regulatory environment, available incentives and industry competitiveness. The electric vehicle segment has been particularly challenged in achieving production volumes that meet forecasted levels.

Raw Materials

Our business is susceptible to inflationary pressures with respect to raw materials. Abrupt changes in the market prices or availability of certain key raw materials may result in operational and profitability challenges for the Company and the industry as a whole. Although global commodity markets and pricing largely stabilized in 2024 and have remained stable through the first half of 2025, we continually work with our customers and suppliers to mitigate ongoing inflationary pressures and material-related cost exposures through a combination of expanded index-based agreements and other commercial enhancements.

General Inflation and Recovery Strategy

In response to inflationary cost pressures that we continue to experience, we have implemented aggressive lean and cost optimization initiatives that are helping to offset these cost pressures. In addition, we continue to actively pursue pricing adjustments from our customers to offset higher costs on our current business, where the higher costs are market driven and beyond our immediate control.

27

Results of Operations

 Three Months Ended June 30,Six Months Ended June 30, 20252024Change20252024Change(Dollar amounts in thousands)(Dollar amounts in thousands)Sales$705,973 $708,362 $(2,389)$1,373,042 $1,384,787 $(11,745)Cost of products sold612,922 625,422 (12,500)1,202,813 1,240,204 (37,391)Gross profit93,051 82,940 10,111 170,229 144,583 25,646 Selling, administration & engineering expenses51,210 52,408 (1,198)102,401 107,774 (5,373)Amortization of intangibles1,710 1,605 105 3,322 3,266 56 Restructuring charges2,852 17,781 (14,929)4,963 18,914 (13,951)Operating income37,279 11,146 26,133 59,543 14,629 44,914