Dauch (DCH) investor relations material

Executive summary

• Achieved $2.4B in quarterly sales for 1Q 2026, up from $1.41B year-over-year, driven by the Dowlais acquisition.

• Adjusted EBITDA reached $309M (13.0% of sales), up from $177.7M (12.6%) year-over-year.

• Adjusted earnings per share improved to $0.34 from $0.22 year-over-year, despite a reported diluted loss per share of $(0.52).

• Net loss attributable to shareholders was $100.3M, compared to net income of $7.1M in 1Q 2025.

• Integration of Dowlais is expected to deliver significant synergies and long-term strategic benefits.

Financial highlights

• 1Q 2026 net external sales were $2,378.9M, up from $1,411.3M in 1Q 2025.

• Segment Adjusted EBITDA: Driveline $238.8M, Metal Forming $69.7M, totaling $308.5M.

• Adjusted free cash flow usage was $(41)M in 1Q 2026.

• Net cash used in operating activities was $(64.4)M, versus $55.9M provided in Q1 2025.

• Gross profit increased to $225.4M from $173.9M year-over-year.

Outlook and guidance

• Full year 2026 sales guidance: $10.3–$10.8B.

• Adjusted EBITDA guidance: $1.3–$1.425B for 2026, including $50–$75M in synergy benefits.

• Adjusted free cash flow guidance: $235–$325M for 2026.

• Capital spending expected at 4.5%–5.0% of sales.

• Equity income from China JV forecasted at $65–$75M.