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CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) (the "Corporation") announced today that it has entered into an amended and restated revolving credit, term loan and security agreement (the "Credit Facility") consisting of a $100 million, five-year asset-backed revolving line of credit and a $13.5 million term loan. The proceeds from the term loan were fully utilized to r...
Ampco-Pittsburgh Corporation (NYSE:AP ) Q1 2025 Earnings Conference Call May 13, 2025 10:30 AM ET Company Participants Kim Knox - Corporate Secretary Brett McBrayer - Chief Executive Officer Sam Lyon - President, Union Electric Steel Corporation David Anderson - President, Air & Liquid Systems Corporation Mike McAuley - Chief Financial Officer Operator Good morning, and welcome to the Ampco-Pit...
CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) reported net sales of $104.3 million for the three months ended March 31, 2025, compared to $110.2 million for the three months ended March 31, 2024. Both the Forged and Cast Engineered Products (“FCEP”) segment and the Air and Liquid Processing (“ALP”) segment had lower sales year-over-year. Despite lower sales, the Corpor...
CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) will hold a conference call on Tuesday, May 13, 2025, at 10:30 a.m. Eastern Time (ET) to discuss its financial results for the first quarter ended March 31, 2025. If you would like to participate in the conference call, please register using the link below or by dialing 1-844-308-3408 at least five minutes before the 10:30 ...
Allied Properties REIT's Q1-2025 results revealed two major issues. At current projections, AFFO payout should go well past 100%. A distribution cut is inevitable at this point.
Ampco-Pittsburgh Corporation (NYSE:AP ) Q4 2024 Earnings Conference Call March 13, 2025 10:30 AM ET Company Participants Kim Knox - Corporate Secretary Brett McBrayer - CEO Dave Anderson - President, Air & Liquid Systems Corporation Sam Lyon - President, Union Electric Steel Corporation Mike McAuley - SVP, CFO and Treasurer Conference Call Participants John Bair - Ascend Wealth Advisors David W...
CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) reported net sales of $100.9 million and $418.3 million for the three and twelve months ended December 31, 2024, respectively, compared to $108.1 million and $422.3 million for the three and twelve months ended December 31, 2023, respectively. The decrease for the three months ended December 31, 2024, compared to the prior ...
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