AUBURN HILLS, Mich., Sept. 19, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:What:             BorgWarner 2024 Third Quarter Results Conference CallWhen:            October 31, 2024 @ 9:30am Eastern TimeWhere:           www.borgwarner.com/investors  How:              Live over the Internet -- Simply log on to the web at the address above.If you are unable to participate during the live webcast, the call will be archived at (www.borgwarner.com/investors)For more than 130 ye ...

The company's silver award in Best Learning Program Supporting a Change Transformation Business Strategy was for its Power to Evolve (P2E) skill agility program, which partners with leading universities to teach existing engineers to work on eProducts through hands-on training modules.The company's first bronze award in Best New Hire Onboarding Program was for its global, comprehensive preboarding and onboarding program, including three distinct platforms: The Bridge, One BorgWarner and Workday Enterprise O ...

AUBURN HILLS, Mich., Aug. 21, 2024 /PRNewswire/ -- BorgWarner has been awarded on the Forbes list of America's Best-In-State Employers 2024, marking the third consecutive year the company has made the list. This prestigious award is presented by Forbes and Statista Inc., the leading statistics portal and industry ranking provider. The award list was announced on August 20th, 2024, and can be viewed on the Forbes website.America's Best-In-State Employers 2024 have been identified in an independent survey fro ...

One way that companies increase shareholder value is through stock buybacks. This is a process in which a company reduces the number of outstanding shares available to investors and increases the company’s earnings per share. Investors will hear the term share repurchases used synonymously with stock buybacks.  Stock buybacks are one action that a company takes when it believes its stock is undervalued. Generally, stock prices rise after buybacks because investors become more bullish on the stock’s prospect ...

AUBURN HILLS, Mich., Aug. 16, 2024 /PRNewswire/ -- BorgWarner has been named a winner in PR Daily's Social Media & Digital Awards in both the LinkedIn and Twitter/X categories. PR Daily's Social Media & Digital Awards celebrates the organizations, people and teams that know how to earn audience attention online. They are continuing to advance the fields of social media and digital communications, leading to success for their organizations or clients.BorgWarner has been named a winner in PR Daily’s Social Me ...

AUBURN HILLS, Mich., Aug. 14, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) (the "Company") today announced the expiration and final results of its previously announced tender offers (the "Tender Offers") to purchase for cash any and all of the Company's outstanding 3.375% Senior Notes due 2025 (the "3.375% Notes") and 5.000% Senior Notes due 2025 (the "5.000% Notes" and collectively with the 3.375% Notes, the "Notes"), on the terms and conditions set forth in the Offer to Purchase, dated August 7, 2024 ...

AUBURN HILLS, Mich., Aug. 13, 2024  /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) (the "Company") today announced that it has priced the previously announced tender offers (the "Tender Offers") to purchase for cash any and all of the Company's outstanding 3.375% Senior Notes due 2025 and 5.000% Senior Notes due 2025 (collectively, the "Notes"). All terms and conditions set forth in the Offer to Purchase, dated August 7, 2024 (the "Offer to Purchase") and the related Notice of Guaranteed Delivery attached to t ...

AUBURN HILLS, Mich., Aug. 7, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) ("BorgWarner" or the "Company") announced today it priced a public offering of $500 million aggregate principal amount of its 4.950% Senior Notes due 2029 (the "2029 Notes") and $500 million aggregate principal amount of its 5.400% Senior Notes due 2034 (the "2034 Notes" and, together with the 2029 Notes, the "Senior Notes").The Company expects that it will receive approximately $987 million of net proceeds from the offering after ...

AUBURN HILLS, Mich., Aug. 7, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) (the "Company") today announced that it has commenced tender offers to purchase for cash the debt securities issued by the Company listed in the table below (collectively, the "Notes," and each a "series").Title ofSecurity CUSIP No. PrincipalAmountOutstanding U.S. TreasuryReferenceSecurity BloombergReferencePage FixedSpread 3.375% Senior Notesdue 2025 099724AJ5 $384,474,000 1.75% U.S.Treasury dueMarch 15,2025 FIT3 0 bps 5.000% Se ...

财务业绩 - 公司2024年第二季度净销售额为36.03亿美元，同比下降1.8%[26] - 2024年上半年净销售额为71.98亿美元，同比增长2.0%[26] - 2024年第二季度毛利为6.85亿美元，毛利率为19.0%[26] - 2024年上半年毛利为13.29亿美元，毛利率为18.5%[26] - 2024年第二季度营业利润为2.97亿美元，营业利润率为8.2%[27] - 2024年上半年营业利润为5.92亿美元，营业利润率为8.2%[27] - 2024年第二季度归属于BorgWarner公司股东的净利润为3.03亿美元[29] - 2024年上半年归属于BorgWarner公司股东的净利润为5.09亿美元[29] - 2024年第二季度每股收益为1.34美元[31][32] - 2024年上半年每股收益为2.24美元[31][32] 现金流和资本支出 - 公司在2024年上半年的经营活动现金流为3.44亿美元，较2023年同期增加1.55亿美元[41] - 公司在2024年上半年的资本支出和工具支出为3.55亿美元，较2023年同期减少0.84亿美元[41] - 公司在2024年上半年回购了1亿美元的股票[41] 收购和整合 - 公司在2024年上半年完成了对意大利Eldor公司电动混合动力系统业务的收购，收购对价为7800万欧元[52][53][54][55][56][57][58] - 公司在2023年3月完成了对中国湖北超越阳光电动车解决方案、智能电网和智能能源业务的收购，收购对价为2.88亿人民币[59][60][61][62][63] - 完成收购Drivetek AG,增强公司在辅助逆变器方面的电力电子能力,预计将有助于加速其高压eFan业务的增长[65] - 完成收购Rhombus Energy Solutions,补充公司现有的欧洲充电业务,加快有机增长,并为其充电业务增加北美区域业务[66] - 完成收购Santroll Automotive Components,预计将加强公司在轻型车电机方面的垂直整合、规模和产品组合,并提高市场反应速度[68][69] 产品结构 - 公司产品可分为电动产品和基础产品,电动产品收入在2024年上半年达到10.82亿美元,同比增长17.3%[74][75] 重组和成本优化 - 公司在2023年和2024年上半年分别进行了1.3亿美元和7.5亿美元的重组,主要涉及员工裁员和其他成本优化[94][95] - 公司在2023年6月30日结束的三个月和六个月期间分别录得900万美元和1200万美元的重组成本[98][99] - 公司在2024年6月30日结束的六个月期间录得700万美元的重组成本[100] - 公司在2024年6月30日结束的三个月和六个月期间分别录得400万美元和700万美元的重组成本[101] - 公司在2024年6月30日结束的六个月期间录得1000万美元的重组成本[102] - 公司将继续评估不同的选择以在未来几年内降低现有的结构性成本[104] 研发和其他费用 - 公司的研发支出总额为4.38亿美元,扣除客户报销后为3.76亿美元[106] - 公司在2024年6月30日结束的三个月期间录得1500万美元的商业合同结算损失[109] - 公司在2024年6月30日结束的三个月期间录得1100万美元的与分拆相关的余额调整[110] - 公司在2024年6月30日结束的六个月期间录得500万美元的并购费用[111] 质保和负债 - 公司提供1-3年的产品质保服务,并根据历史信息、频率和平均成本等因素计提相应的质保费用准备[132] - 截至2024年6月30日和2023年12月31日,公司分别有2.04亿美元和1.96亿美元的产品质保负债[132][133] - 截至2024年6月30日和2023年12月31日,公司有5.7亿美元和7.0亿美元的短期借款[134][137] - 公司有30亿美元的长期债务,包括3.375%、5.000%、2.650%、7.125%、1.000%和4.375%的高级票据[135] - 公司有20亿美元的多币种循环信贷额度和20亿美元的商业票据发行计划[139][140] - 公司的高级无担保票据的估计公允价值低于账面价值3.67亿美元和3.53亿美元[142] - 公司有2.68亿美元的应付薪酬和员工相关负债、1.66亿美元的客户相关负债等其他流动负债[144] - 公司有1.62亿美元的递延所得税负债、1.33亿美元的其他所得税负债等其他非流动负债[145] 套期保值 - 公司持有2,400万美元的外汇合约和5,000万美元的净投资套期合约等公允价值资产[150] - 公司在2024年6月30日和2023年12月31日持有外汇远期合约和期权合约[160][162][163][164] - 公司在2024年6月30日和2023年12月31日持有交叉货币掉期合约[165][166][167][168][169] - 公司指定1000百万欧元1.000%2031年5月19日到期的优先票据为净投资套期工具[169] - 公司在2024年6月30日和2023年12月31日持有外汇衍生工具资产和负债[172] - 公司在2024年6月30日持有182百万美元的净投资套期工具累计其他综合收益[174] 财务报表 - 公司2024年上半年净销售额为72亿美元[177] - 2024年上半年销售成本为58.69亿美元[177] - 2024年上半年销售、管理和一般费用为6.7亿美元[177] - 2024年上半年其他综合收