Dana(DAN) - 2024 Q1 - Quarterly Results
Dana(DAN)2024-04-30 19:00
Exhibit 99.1 IMMEDIATE Dana Incorporated Reports 2024 First-Quarter Financial Results With Increased Sales, Adjusted EBITDA, and Free Cash Flow Raises Full-Year Free Cash Flow Guidance • Sales of $2.7 billion, an increase of $91 million • Net income of $3 million, including a $29 million charge related to the announced European hydraulics business divestiture • Adjusted EBITDA of $223 million, an increase of $19 million over last year • Adjusted EBITDA margin of 8.2 percent, a 50-basis-point improvement com ...