Aug. 13 at 1:01 PM
$CPS Cooper-Standard (CPS) remains an attractive turnaround story. Management expects the Q2 margin weakness to be largely temporary, with most of the
$18M commodity headwind recovered through customer pricing in H2. The company has secured over
$700M of net new business, targets net leverage below 2x by the end of 2027, and sees EBITDA margins reaching 15% by 2030. Stronger free cash flow and deleveraging could create significant upside for shareholders.
https://www.investing.com/news/transcripts/cooperstandard-at-jp-morgan-automotive-conference-margin-recovery-ahead-93CH-4855831