Superior Industries Issues FY15 Sales Outlook

(RTTNews) - Superior Industries International Inc. (SUP),the manufacturer of aluminum wheels for cars, Monday said it expects net sales for the full year 2015 to be in the range of $725 million to $800 million.

Analysts polled by Thomson Reuters currently estimate revenues of $755.3 million for 2015.

Value-added sales, which primarily removes from net sales the value of aluminum that is passed through to customers, is expected to be in the range of $325 millio to $360 million.

"2015 will be an important year for our company as we move toward full production capability in our new Mexican facility, continue to deliver high quality product and innovative ideas, while improving operational and administrative efficiencies," said CEO Don Stebbins.