American Axle & Manufacturing Boosts FY25 Sales Outlook - Update

(RTTNews) - While reporting financial results for the second quarter on Friday, American Axle & Manufacturing Holdings, Inc. or AAM (AXL) said it now expects sales for the full-year 2025 in a range of $5.75 billion to $5.95 billion, up from the prior guidance range of $5.65 billion to $5.95 billion.

On average, eight analysts polled expect the company to report revenues of $5.83 billion for the year.

The company said the guidance is based on assumption of North American light vehicle production of approximately 14.6 million to 15.1 million units, up from the prior forecast of approximately 14.6 million to 15.1 million units.

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