Commercial Vehicle Group

Commercial Vehicle Group, Inc. engages in the manufacture, supply, and sale of cab related products and systems. It operates through Electrical Systems and Global Seating segments. The Electrical Systems segment includes electrical wire harnesses and panel assemblies, trim systems and components, cab structures and sleeper boxes, mirrors, wipers, and controls. The Global Seating segment offers seats and seating systems, office seating, and aftermarket seats and components. The firm serves the trucking, construction, retail, military, bus, agricultural, and off-road recreational markets. The company was founded in August 2000 and is headquartered in New Albany, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Commercial Vehicle Group reports Q4 growth, shifts focus to EVs

CVG's Q4 2022 performance reflected mixed results across segments, with notable revenue growth in key areas but challenges in Industrial Automation. The company's strategic shifts towards electrification, cost optimization, and a revised revenue target for 2027 indicate a proactive approach to evolving market trends. Despite facing headwinds, CVG remains focused on sustainable growth and operational efficiency.

Commercial Vehicle Group (CVGI) reports record Q1 performance and targets 9% EBITDA margin

Commercial Vehicle Group (CVGI) delivered a strong Q1 performance with record sales and profitability, driven by new wins in electric systems for electric vehicles. The company's strategic focus on reducing cyclicality and expanding in EV trends is yielding positive results. CVGI aims for margin expansion and growth in aftermarket parts business, with a target EBITDA margin of 9%.

Commercial Vehicle Group reports strong Q2 results and eyes future growth opportunities

CVG's Q2 performance reflects growth and operational improvements driven by strategic initiatives and focus on Electrical Systems
While facing challenges such as CEO search and margin sustainability, CVG remains well-positioned to capitalize on market opportunities
The company's financial overview, market outlook, and global expansion efforts underscore a positive trajectory for future growth and profitability

Commercial Vehicle Group reports strong Q3 performance and growth outlook

CVG's Q3 2023 showcased robust financial performance, marked by revenue growth and improved profitability metrics.
While facing challenges in certain segments, the company's strategic focus on new business and cost-saving initiatives bodes well for future resilience.
Opportunities lie in market expansion, leadership enhancements, and operational optimization to sustain growth momentum.

CVG reports Q4 earnings impacted by challenges, eyes growth opportunities

CVG's Q4 performance was impacted by a work stoppage and reduced demand, but strategic actions and new business wins drove improved profitability. The company aims to enhance margins, diversify revenue streams, and prioritize organic growth in 2024.
New CEO James Ray emphasized a transformation strategy and focus on new business wins, while addressing challenges like low return on sales and past unmet promises. Despite challenges, management remains optimistic about future growth opportunities and executing their long-term strategy.

Commercial Vehicle Group meets Q1 targets, focuses on cost management

CVGI's Q1 performance aligned with guidance, with strengths in new business wins and cost management efforts
Challenges persist in margin pressure and segment revenue declines, but opportunities exist in cost reduction and growth initiatives
Overall, CVGI remains focused on executing its business outlook and driving growth through strategic initiatives

Commercial Vehicle Group (CVGI) adapts to market challenges, eyes future growth

Commercial Vehicle Group (CVGI) faced challenges in Q2 2024 due to market weaknesses but responded with strategic actions and new business wins.
Despite the setbacks, CVGI remains focused on operational efficiency, segment evaluations, and future growth opportunities, positioning itself for long-term success.
Recognition for excellence, updated guidance, and a focus on resilience highlight CVGI's commitment to navigating challenges and capitalizing on future market rebounds.

Commercial Vehicle Group reports Q3 revenue decline, focuses on growth

CVGI's Q3 2024 performance reflected revenue decline and margin pressure due to operational challenges and market softness.
Despite challenges, the company is strategically realigning its business model and leadership to drive growth and improve operational efficiency.
Anticipated market rebounds in 2026 and a focus on margin expansion position CVGI for future growth and profitability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Commercial Vehicle Group, Inc. engages in the manufacture, supply, and sale of cab related products and systems. It operates through Vehicle Solutions, Electrical Systems, Aftermarket & Accessories, and Industrial Automation segments. The Vehicle Solutions segment designs, manufactures and sells heavy duty trucks, medium duty trucks, last mile delivery trucks and vans. The Electrical Systems segment engages in the designing, manufacturing and selling cable and harness assemblies for both high and low voltage applications, control boxes, dashboard assemblies and design and engineering for these applications. The Aftermarket & Accessories segment focuses on the designing, manufacturing and selling seats and components sold into the commercial vehicle channels that provide repair and refurbishing. The Industrial Automation segment designs, manufactures and sells warehouse automation subsystems including control panels, electro-mechanical assemblies, cable assemblies, and power and communication solutions. The company was founded in August 2000 and is headquartered in New Albany, OH.

NEW ALBANY, Ohio, Oct. 26, 2020 /PRNewswire/ -- CVG (NASDAQ: CVGI) will hold its quarterly conference call on Monday, November 9, 2020, at 10:00 a.m. ET, to discuss third quarter 2020 financial results. CVG will issue a press release and presentation prior to the conference call....

CVG Announces Third Quarter 2020 Conference Call

NEW ALBANY, Ohio, Oct. 5, 2020 /PRNewswire/ -- Commercial Vehicle Group, Inc. ("CVG" or the "Company") (Nasdaq: CVGI), a diversified industrial company, today announced the appointment of Christopher H. Bohnert as Chief Financial Officer and Chief Accounting Officer as of Monday, October...

CVG Announces the Appointment of Christopher H. Bohnert as Chief Financial Officer and Chief Accounting Officer

As of late, it has definitely been a great time to be an investor Commercial Vehicle Group.

Commercial Vehicle Group's Shares March Higher, Can It Continue?

New York, New York--(Newsfile Corp. - September 8, 2020) -  Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Commercial Vehicle Group, Inc.

ROSEN, TRUSTED AND LEADING INVESTOR COUNSEL, Continues to Investigate Securities Claims Against Commercial Vehicle Group, Inc. - CVGI

Commercial Vehicle Group (CVGI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Commercial Vehicle Group (CVGI) a New Strong Buy Stock

CVGI saw a steep decline in its seating and wiring businesses, as production of heavy and medium-duty trucks plunged, decimating margins along the way.

Commercial Vehicle's Decision To Embrace New Opportunities Looks Like The Right Call

Commercial Vehicle Group, Inc. (CVGI) CEO Harold Bevis on Q2 2020 Results - Earnings Call Transcript

Commercial Vehicle Group (CVGI) delivered earnings and revenue surprises of 52.94% and 0.35%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Commercial Vehicle Group (CVGI) Reports Q2 Loss, Tops Revenue Estimates

Shares of Commercial Vehicle Group (NASDAQ:CVGI) were flat in pre-market trading after the company reported Q2 results.

Recap: Commercial Vehicle Group Q2 Earnings

NEW ALBANY, Ohio, Aug. 10, 2020 /PRNewswire/ -- Commercial Vehicle Group, Inc.

Commercial Vehicle Group Announces Second Quarter 2020 Results

NEW ALBANY, Ohio, July 29, 2020 /PRNewswire/ -- Commercial Vehicle Group, Inc. (the "Company" or "CVG") (NASDAQ: CVGI) will hold its quarterly conference call on Monday, August 10, 2020, at 10:00 a.m.

Commercial Vehicle Group Announces Second Quarter 2020 Conference Call

NEW ALBANY, Ohio, July 15, 2020 /PRNewswire/ -- Commercial Vehicle Group Inc. (the "Company") (Nasdaq: CVGI), a leading supplier of seating systems, electro-mechanical assemblies, engineered material products, and warehouse automation subsystems announced the permanent consolidation of...

Commercial Vehicle Group Announces Plant Consolidation to Optimize Cost Structure and Enhance Aftermarket Growth

NEW ALBANY, Ohio, June 25, 2020 /PRNewswire/ -- Commercial Vehicle Group, Inc. (the "Company" or "CVG") (NASDAQ: CVGI) today announced that its Board of Directors (the "Board") has unanimously adopted a limited duration stockholder rights plan (the "Rights Plan") and declared a dividend...

Commercial Vehicle Group Adopts A Limited Duration Stockholder Rights Plan

NEW ALBANY, Ohio, May 28, 2020 /PRNewswire/ -- Commercial Vehicle Group, Inc. (the "Company" or "CVG") (NASDAQ: CVGI), a leading supplier of products and services for the global commercial vehicle market and material handling solutions for the ecommerce and military markets, announced...

Commercial Vehicle Group Announces Participation In UBS Global Industrials And Transportation Virtual Conference

Commercial Vehicle Group, Inc. (CVGI) CEO Harold Bevis on Q1 2020 Results - Earnings Call Transcript

Commercial Vehicle Group (CVGI) delivered earnings and revenue surprises of 200.00% and -0.20%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Commercial Vehicle Group (CVGI) Q1 Earnings Beat Estimates

NEW ALBANY, Ohio, May 18, 2020 /PRNewswire/ -- Commercial Vehicle Group, Inc. (the "Company") (NASDAQ: CVGI) today reported financial results for the first quarter ended March 31, 2020, including revenues of $187.1 million, net loss of $24.6 million, EPS of $(0.80), pre-tax special...

Commercial Vehicle Group Announces First Quarter 2020 Results

Commercial Vehicle Group, Inc. (CVGI) CEO Patrick Miller on Q4 2019 Results - Earnings Call Transcript

Commercial Vehicle Group, Inc. (CVGI) CEO Patrick Miller on Q3 2019 Results - Earnings Call Transcript

Gentherm

CVGI vs. THRM: Which Stock Is the Better Value Option?

CVGI vs. THRM: Which Stock Should Value Investors Buy Now?

Commercial Vehicle Group, Inc. (CVGI) CEO Patrick Miller on Q2 2019 Results - Earnings Call Transcript

Commercial Vehicle Group, Inc. (CVGI) CEO Patrick Miller on Q1 2019 Results - Earnings Call Transcript

News for Commercial Vehicle Group Stock (CVGI)