Board Change • May 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. Independent Director Christine Moore was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 21
Cooper-Standard Holdings Inc. to Report Q1, 2026 Results on May 06, 2026 Cooper-Standard Holdings Inc. announced that they will report Q1, 2026 results After-Market on May 06, 2026 Announcement • Apr 03
Cooper-Standard Holdings Inc., Annual General Meeting, May 14, 2026 Cooper-Standard Holdings Inc., Annual General Meeting, May 14, 2026. Announcement • Feb 13
Cooper-Standard Holdings Inc. Provides Earnings Guidance for the Year 2026 Cooper-Standard Holdings Inc. provided earnings guidance for the year 2026. For the year, the company expects sales in the range of $2.7 billion - $2.9 billion. Following strong actual results in 2025, and considering recent industry forecasts for global light vehicle production, the Company expects to deliver further profitable growth and margin enhancement in 2026. Announcement • Jan 27
Cooper-Standard Holdings Inc. to Report Q4, 2025 Results on Feb 12, 2026 Cooper-Standard Holdings Inc. announced that they will report Q4, 2025 results After-Market on Feb 12, 2026 Board Change • Dec 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. Independent Director Christine Moore was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 31
Cooper-Standard Holdings Inc. Updates Earnings Guidance for the Full Year of 2025 Cooper-Standard Holdings Inc. updated its earnings guidance for the full year of 2025. For the year, the company expects sales to be in the range of $2.68 billion to $2.72 billion against the actual sales of $2.73 billion a year ago. Announcement • Oct 14
Cooper-Standard Holdings Inc. to Report Q3, 2025 Results on Oct 30, 2025 Cooper-Standard Holdings Inc. announced that they will report Q3, 2025 results After-Market on Oct 30, 2025 Announcement • Sep 19
Cooper Standard Appoints Soma Venkat as Senior Vice President, Chief Information Technology and AI Officer, Effective from September 15, 2025 Cooper Standard announced the appointment of Soma Venkat, Ph.D., to senior vice president and chief information technology and AI officer, effective September 15, 2025. Venkat will lead Cooper Standard's artificial intelligence (AI) strategy, helping to advance innovation and deliver transformative solutions across the enterprise, while continuing to oversee the Company's information technology function. Based at Cooper Standard's world headquarters in Northville, Venkat will be responsible for accelerating progress and realizing the potential AI can offer the business. Venkat rejoined Cooper Standard in 2021, serving as senior vice president and chief information technology officer. Prior to rejoining Cooper Standard, he was the chief information officer for IXS (Innovative Xcessories and Services), where he improved the IT team and implemented key digitization and cybersecurity initiatives. From 2016 to 2020, Venkat held roles of increasing responsibility at Cooper Standard, culminating in his position as global vice president of IT.Venkat earned a Bachelor of Science in Mathematics from the University of Madras, India, and a Master of Applied Science in Applied Mathematics from The College of Engineering, Guindy, India. He also holds a Master of Science and a Ph.D. in Computational Mathematics from the University of Windsor, Canada. Venkat is a Six Sigma Black Belt and has completed several executive certificates in management, marketing, and finance from the University of Chicago Booth School of Business, as well as a certificate in AI from MIT Sloan School of Management. Announcement • Jul 29
Cooper Standard Showcases Sustainable Sealing on Renault Group's Embleme Demo Car Cooper Standard announced its collaboration with Renault Group on the Renault Embleme project, an eco-conscious family demo car that aims to reduce CO2 emissions over its lifecycle. The groundbreaking project integrates two of Cooper Standard's low-carbon, high-performance vehicle innovations: the FlexiCore thermoplastic body seal; and FlushSeal sealing system. As part of this collaboration, Cooper Standard successfully transitioned from a traditional rubber-plus-metal sealing design to a 100% thermoplastic solution using its FlexiCore thermoplastic Body seal. This shift enables a lighter, more sustainable vehicle architecture that significantly reduces CO2 emissions associated with production. Additionally, the seal is fully recyclable, making it a major advancement in both material efficiency and environmental impact. The Embleme demo car also incorporates Cooper Standard's FlushSeal sealing system, which was originally introduced in 2019 in collaboration with Renault. This easy to install system features Cooper Standard's next generation aerodynamic design with enhanced window guidance and offers material flexibility with lightweight options. The Embleme project is the first time Cooper Standard has validated the use of a fully colored visible surface on an automotive door seal using its FlexiCore thermopastic body seal. This innovation opens new doors for aesthetic customization in vehicle interiors, enhancing brand differentiation and design flexibility for automakers. In addition, Cooper Standard's FlushS Seal sealing system enables the styling trend known as flush glass or flush glazing. This innovation merges style with cutting-edge technology to improve both vehicle appearance and performance. Announcement • Jul 15
Cooper-Standard Holdings Inc. to Report Q2, 2025 Results on Jul 31, 2025 Cooper-Standard Holdings Inc. announced that they will report Q2, 2025 results After-Market on Jul 31, 2025 Announcement • Apr 15
Cooper-Standard Holdings Inc. to Report Q1, 2025 Results on May 01, 2025 Cooper-Standard Holdings Inc. announced that they will report Q1, 2025 results After-Market on May 01, 2025 Announcement • Apr 07
Cooper-Standard Holdings Inc., Annual General Meeting, May 15, 2025 Cooper-Standard Holdings Inc., Annual General Meeting, May 15, 2025. Announcement • Feb 14
Cooper-Standard Holdings Inc. Provides Earnings Guidance for the Year 2025 Cooper-Standard Holdings Inc. provided earnings guidance for the year 2025. For the year, the company expects sales in the range of $2.7 billion - $2.8 billion. Announcement • Jan 28
Cooper-Standard Holdings Inc. to Report Q4, 2024 Results on Feb 13, 2025 Cooper-Standard Holdings Inc. announced that they will report Q4, 2024 results After-Market on Feb 13, 2025 Announcement • Nov 08
Cooper Standard Expands Sustainability Portfolio with Flexicore Thermoplastic Body Seal Cooper Standard has further expanded its portfolio of sustainable innovations with a revolutionary new vehicle body seal. The Company's FlexiCore™ Thermoplastic Body Seal provides a way to seal a doorframe to the vehicle body by replacing traditional metal carriers with a more eco-friendly, fully recyclable lightweight plastic alternative without compromising performance. Cooper Standard's FlexiCore body seal offers an alternative to traditional EPDM seals containing metal-based carriers that has existed for over 50 years with a lightweight, flexible and sustainable solution made of 100% TPV (thermoplastic vulcanizate) and PP (polypropylene) materials. This enables a number of differentiating attributes that include: Outstanding flexibility resulting in ease of assembly; Weight reduction of up to 44%; High retention performance; Reduced energy consumption in the manufacturing process; Fully recyclable; and Improved aesthetics with a consistent show surface. In preparation for large-scale manufacturing, Cooper Standard has tested the ability to mass produce FlexiCore through its internal i Innovation process with success. Currently, Cooper Standard is working closely with various OEMs across regions to tailor this technology to specific vehicle requirements. Announcement • Nov 01
Cooper-Standard Holdings Inc. Updates Sales Guidance for the Full Year 2024 Cooper-Standard Holdings Inc. updated Sales guidance for the full year 2024. for the period, company expects Sales to be $2.70 billion to $2.75 billion against previous guidance range of $2.8 billion to $2.9 billion. Reported Earnings • Nov 01
Third quarter 2024 earnings released: US$0.63 loss per share (vs US$0.65 profit in 3Q 2023) Third quarter 2024 results: US$0.63 loss per share (down from US$0.65 profit in 3Q 2023). Revenue: US$685.4m (down 6.9% from 3Q 2023). Net loss: US$11.1m (down 197% from profit in 3Q 2023). Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Oct 15
Cooper-Standard Holdings Inc. to Report Q3, 2024 Results on Oct 31, 2024 Cooper-Standard Holdings Inc. announced that they will report Q3, 2024 results After-Market on Oct 31, 2024 New Risk • Oct 10
New major risk - Revenue and earnings growth Earnings have declined by 21% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$161m). Earnings have declined by 21% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change). New Risk • Aug 05
New major risk - Revenue and earnings growth Earnings have declined by 21% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$161m). Earnings have declined by 21% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). Reported Earnings • Aug 02
Second quarter 2024 earnings released: US$4.34 loss per share (vs US$1.61 loss in 2Q 2023) Second quarter 2024 results: US$4.34 loss per share (further deteriorated from US$1.61 loss in 2Q 2023). Revenue: US$708.4m (down 2.1% from 2Q 2023). Net loss: US$76.2m (loss widened 174% from 2Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Jul 18
Cooper-Standard Holdings Inc. to Report Q2, 2024 Results on Aug 01, 2024 Cooper-Standard Holdings Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Aug 01, 2024 Announcement • Jul 17
Cooper Standard Debuts eCoFlow™ Switch Pump to Simplify Thermal Management Systems Cooper Standard debuted the first member of its new eCoFlow™ product line. The eCoFlow Switch Pump, created in partnership with Saleri Group, offers features of both an electric water pump and electrically driven valve in a single integrated coolant control module. While available for all powertrains, this scalable fluid control technology enables fluid flow switching, splitting and regulating especially needed to address the complex glycol thermal management needs of fully electrified or hybrid vehicles. The combination of water pump and valve functions is the gamechanger that offers automakers efficiency improvements, part consolidation, electrical wire harness reduction and reduced packaging space. By reducing complexity, the eCoFlow system enhances the thermal management system's efficiencies by eliminating the pressure drop and waste encountered from traditional pumps and valves. The improved design of the eCoFlow system provides smoother transitions in flow to help avoid pressure pulsations and spikes that can lead to system noise. A single electrical connection manages the system's pumping and advanced fluid control functions, eliminating the need for additional connectors, wire harnesses and vehicle input/output channels. This functionality packages in approximately half the space of the traditional components it replaces. Announcement • Jul 03
Cooper-Standard Holdings Inc.(NYSE:CPS) dropped from Russell 2500 Growth Index Cooper-Standard Holdings Inc.(NYSE:CPS) dropped from Russell 2500 Growth Index Reported Earnings • May 07
First quarter 2024 earnings released: US$1.81 loss per share (vs US$7.57 loss in 1Q 2023) First quarter 2024 results: US$1.81 loss per share (improved from US$7.57 loss in 1Q 2023). Revenue: US$676.4m (flat on 1Q 2023). Net loss: US$31.7m (loss narrowed 76% from 1Q 2023). Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Announcement • Apr 19
Cooper-Standard Holdings Inc. to Report Q1, 2024 Results on May 06, 2024 Cooper-Standard Holdings Inc. announced that they will report Q1, 2024 results After-Market on May 06, 2024 New Risk • Apr 15
New major risk - Revenue and earnings growth Earnings have declined by 36% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-US$90m). Earnings have declined by 36% per year over the past 5 years. Announcement • Apr 09
Cooper-Standard Holdings Inc., Annual General Meeting, May 16, 2024 Cooper-Standard Holdings Inc., Annual General Meeting, May 16, 2024, at 09:00 Eastern Daylight. New Risk • Mar 01
New major risk - Revenue and earnings growth Earnings have declined by 36% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-US$90m). Earnings have declined by 36% per year over the past 5 years. Reported Earnings • Feb 16
Full year 2023 earnings released: US$11.64 loss per share (vs US$12.53 loss in FY 2022) Full year 2023 results: US$11.64 loss per share (improved from US$12.53 loss in FY 2022). Revenue: US$2.82b (up 12% from FY 2022). Net loss: US$202.0m (loss narrowed 6.2% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings. Announcement • Feb 16
Cooper-Standard Holdings Inc. Provides Earnings Guidance for the Full Year 2024 Cooper-Standard Holdings Inc. provided earnings guidance for the full year 2024. For the year, the company expects sales of $2.8 billion to $2.9 billion. Announcement • Feb 12
Cooper Standard Promotes Alison Nudd to Vice President, Chief Accounting Officer, Effective March 1, 2024 Cooper Standard announced the promotion of Alison Nudd to vice president, chief accounting officer effective March 1, 2024. She replaces Amy Kulikowski who is departing the Company to pursue other career opportunities. In her new role, Nudd will be responsible for the Company's accounting function, financial reporting including Securities and Exchange Commission (SEC) reporting, financial systems, and the Company's global business services. Based at the Company's world headquarters in Northville, she will report to Jonathan Banas, executive vice president and chief financial officer. Nudd most recently served as vice president, global internal audit and compliance where she provided leadership, strategy and planning for Cooper Standard's global internal audit and compliance activities, including the Company's Sarbanes-Oxley program and enterprise risk management efforts. Previously, she served as senior director financial reporting where she led corporate accounting and consolidations, external reporting and technical accounting. Prior to joining the Company in 2020, Nudd held roles of increasing responsibility at Owens Corning in Toledo, Ohio from 2014 to 2020. She most recently served as global FP&A (financial planning and analysis) director, where she was responsible for all aspects of financial planning and analysis for the $3 billion insulation business. From 2011 to 2014 she served as the director of external reporting at Mohawk Industries in Calhoun, Ga., where she was responsible for all aspects of external reporting for a $10+ billion global flooring manufacturer. From 1999 to 2011, Nudd held roles of increasing responsibility, most recently serving as director of financial reporting at Flowers Foods. She began her career at GE Capital as a treasury and accounting manager. Nudd earned a Bachelor of Business Administration degree in accounting from Georgia State University. She is a certified public accountant (CPA) and a member of the American Institute of CPA's. Announcement • Feb 06
Cooper-Standard Holdings Inc. to Report Q4, 2023 Results on Feb 15, 2024 Cooper-Standard Holdings Inc. announced that they will report Q4, 2023 results After-Market on Feb 15, 2024 New Risk • Feb 05
New major risk - Revenue and earnings growth Earnings have declined by 44% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-US$57m). Earnings have declined by 44% per year over the past 5 years. Announcement • Jan 29
Amy Kulikowksi Resigns as Vice President and Chief Accounting Officer of Cooper-Standard Holdings Inc On January 23, 2024, Amy Kulikowksi, Vice President, Chief Accounting Officer of Cooper-Standard Holdings Inc., informed the Company of her intent to resign from her position, effective at the close of business on February 29, 2024, in order to pursue other career opportunities. Announcement • Nov 04
Cooper-Standard Holdings Inc. Revises Earnings Guidance for the Year 2023 Cooper-Standard Holdings Inc. revised earnings guidance for the year 2023. For the period, the company now expects sales of $2.7 billion to $2.8 billion against previous guidance of $2.6 - $2.8 billion. Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: US$0.65 (vs US$1.90 loss in 3Q 2022) Third quarter 2023 results: EPS: US$0.65 (up from US$1.90 loss in 3Q 2022). Revenue: US$736.0m (up 12% from 3Q 2022). Net income: US$11.4m (up US$44.0m from 3Q 2022). Profit margin: 1.5% (up from net loss in 3Q 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Announcement • Oct 19
Cooper-Standard Holdings Inc. to Report Q3, 2023 Results on Nov 02, 2023 Cooper-Standard Holdings Inc. announced that they will report Q3, 2023 results After-Market on Nov 02, 2023 Announcement • Aug 08
Cooper Standard Appoints MaryAnn Peterson Kanary to Senior Vice President, Chief Legal Officer and Secretary Cooper Standard announced the appointment of MaryAnn Peterson Kanary to senior vice president, chief legal officer and secretary effective August 7, 2023. Based at Cooper Standard's headquarters in Northville, Mich., Kanary will lead the legal and compliance functions for the Company and report directly to Jeffrey Edwards, chairman and CEO, Cooper Standard. She replaces Joanna Totsky who recently left the Company. Most recently, Kanary served as executive vice president and chief legal officer at Barton Malow Holdings LLC, corporate secretary for Barton Malow Enterprises Inc. and trustee for The Barton Malow Foundation. She also served as managing director of Barton Malow's LIFTbuild, LLC through the development and construction of its first proof of concept in North America. From 2016 to 2017, she served as associate general counsel and director of global legal compliance at Cooper Standard, where she oversaw all legal compliance matters. Previously, she held positions of increasing responsibility in-house at Toyoda Gosei North America Corp. (now Toyoda Gosei Americas) and Masco Corp. Prior to moving in-house, Kanary was an associate at the law firms of Butzel Long, P.C. and Goodwin Procter LLP. Kanary earned a juris doctor degree from Harvard Law School in Cambridge, Mass., where she was submission editor for the Harvard Environmental Law Review, and a Bachelor of Arts degree in sociology with highest distinction from the University of Michigan in Ann Arbor. She is a recognized industry leader, most recently being honored by Crain's Detroit Business as a Notable in Corporate Counsel (2022) and by Dbusiness in its Top Corporate Counsel recognition (2021). Active in her local community, Kanary currently serves as a member of the Board of Trustees for the Judson Center and as co-vice chair of the Board of Directors for the YMCA of Metropolitan Detroit. New Risk • Aug 04
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$92m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$92m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-US$62m). Minor Risk Currently unprofitable and not forecast to become profitable next year (US$124m net loss next year). Reported Earnings • Aug 04
Second quarter 2023 earnings released: US$1.61 loss per share (vs US$1.93 loss in 2Q 2022) Second quarter 2023 results: US$1.61 loss per share (improved from US$1.93 loss in 2Q 2022). Revenue: US$723.7m (up 19% from 2Q 2022). Net loss: US$27.8m (loss narrowed 16% from 2Q 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Announcement • Aug 03
Holcim Ltd (SWX:HOLN) acquired Cooper Standard Technical Rubber Gmbh from Cooper-Standard Holdings Inc. (NYSE:CPS) Holcim Ltd (SWX:HOLN) agreed to acquire Cooper Standard Technical Rubber Gmbh from Cooper-Standard Holdings Inc. (NYSE:CPS) on July 31, 2023. Terms of the sale were not disclosed. Holcim will continue CSTR`s existing business activities and serve its existing customer base while expanding its business under the new name of Holcim Technical Solutions & Products GmbH.
Holcim Ltd (SWX:HOLN) completed the acquisition of Cooper Standard Technical Rubber Gmbh from Cooper-Standard Holdings Inc. (NYSE:CPS) on August 2, 2023. Announcement • Jul 23
Cooper-Standard Holdings Inc. to Report Q2, 2023 Results on Aug 03, 2023 Cooper-Standard Holdings Inc. announced that they will report Q2, 2023 results After-Market on Aug 03, 2023 Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. Independent Director Christine Moore was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 26
Cooper-Standard Holdings Inc. Announces Resignation of Joanna M. Totsky as Senior Vice President, Chief Legal and Transformation Officer and Secretary, Effective on June 16, 2023 The board of Directors of Cooper-Standard Holdings Inc. announced that Ms. Joanna M. Totsky, the Senior Vice President, Chief Legal and Transformation Officer and Secretary will be resigning from the Company, effective June 16, 2023, to pursue another opportunity outside of the automotive industry. Reported Earnings • May 05
First quarter 2023 earnings released: US$7.57 loss per share (vs US$3.58 loss in 1Q 2022) First quarter 2023 results: US$7.57 loss per share (further deteriorated from US$3.58 loss in 1Q 2022). Revenue: US$682.5m (up 11% from 1Q 2022). Net loss: US$130.4m (loss widened 113% from 1Q 2022). Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Feb 18
Cooper-Standard Holdings Inc. Provides Earnings Guidance for the Full Year 2023 Cooper-Standard Holdings Inc. provided earnings guidance for the full year 2023. For the year, the company expects sales to be between $2.6 billion to $2.8 billion. Reported Earnings • Feb 18
Full year 2022 earnings released: US$12.53 loss per share (vs US$18.94 loss in FY 2021) Full year 2022 results: US$12.53 loss per share (improved from US$18.94 loss in FY 2021). Revenue: US$2.53b (up 8.4% from FY 2021). Net loss: US$215.4m (loss narrowed 33% from FY 2021). Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Feb 01
Cooper-Standard Holdings Inc. to Report Q4, 2022 Results on Feb 16, 2023 Cooper-Standard Holdings Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 16, 2023 Announcement • Nov 04
Cooper-Standard Holdings Inc. Revises Earnings Guidance for the Full Year 2022 Cooper-Standard Holdings Inc. revised earnings guidance for the full year 2022. For the period, The company now expects full year sales in the range of $2.5 billion to $2.6 billion compared to $2.5 billion to $2.7 billion Previous guidance. Reported Earnings • Nov 03
Third quarter 2022 earnings released: US$1.90 loss per share (vs US$7.20 loss in 3Q 2021) Third quarter 2022 results: US$1.90 loss per share (improved from US$7.20 loss in 3Q 2021). Revenue: US$657.2m (up 25% from 3Q 2021). Net loss: US$32.7m (loss narrowed 74% from 3Q 2021). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 39% per year, which means it has not declined as severely as earnings. Announcement • Oct 19
Cooper-Standard Holdings Inc. to Report Q3, 2022 Results on Nov 01, 2022 Cooper-Standard Holdings Inc. announced that they will report Q3, 2022 results After-Market on Nov 01, 2022 Reported Earnings • Aug 06
Second quarter 2022 earnings released: US$1.93 loss per share (vs US$3.74 loss in 2Q 2021) Second quarter 2022 results: US$1.93 loss per share (up from US$3.74 loss in 2Q 2021). Revenue: US$605.9m (up 14% from 2Q 2021). Net loss: US$33.2m (loss narrowed 48% from 2Q 2021). Over the next year, revenue is forecast to grow 16%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 24 percentage points per year, which is a significant difference in performance. Announcement • Aug 06
Cooper-Standard Holdings Inc. Provides Sales Guidance for the Year 2022 Cooper-Standard Holdings Inc. provided sales guidance for the year 2022. For the year, the company expects Sales to be $2.5 - $2.7 billion compared to previous guidance of $2.6 - $2.8 billion. Announcement • Jul 26
Cooper-Standard Holdings Inc. to Report Q2, 2022 Results on Aug 04, 2022 Cooper-Standard Holdings Inc. announced that they will report Q2, 2022 results After-Market on Aug 04, 2022 Announcement • Jun 26
Cooper-Standard Holdings Inc.(NYSE:CPS) dropped from Russell 2000 Dynamic Index Cooper-Standard Holdings Inc.(NYSE:CPS) dropped from Russell 2000 Dynamic Index Announcement • Jun 14
Cooper Standard Promotes Kulikowski to Chief Accounting Officer, Effective July 11, 2022 Cooper Standard announced the promotion of Amy Kulikowski to vice president, chief accounting officer effective July 11, 2022. She replaces Becky McCabe who is departing the Company to pursue other career opportunities. In her new role, Kulikowski will be responsible for the Company’s accounting function, financial reporting including Securities and Exchange Commission (SEC) reporting, financial systems and the Company’s global business services. Based at the Company’s world headquarters in Northville, Kulikowski will report to Jonathan Banas, executive vice president and chief financial officer. Kulikowski previously served as vice president, global internal audit, where she led the team toward world-class execution and value-added partnerships across the Company. Prior to joining Cooper Standard, Kulikowski served as assistant controller, Delphi accounting and integration, for BorgWarner Inc., which acquired Delphi Technologies PLC in 2020. From 2017 to 2020, she served as vice president and assistant controller at Delphi and was responsible for corporate accounting and reporting functions. She previously held accounting, finance and controller positions of increasing responsibility at Delphi since joining the company in 2001. She began her career in the audit practice of Deloitte LLP in Detroit in 1998. Kulikowski earned a Bachelor of Business Administration degree from the University of Michigan in Ann Arbor. She is a certified public accountant (CPA), and a member of the American Institute of CPAs. Reported Earnings • May 06
First quarter 2022 earnings released: US$3.58 loss per share (vs US$2.00 loss in 1Q 2021) First quarter 2022 results: US$3.58 loss per share (down from US$2.00 loss in 1Q 2021). Revenue: US$613.0m (down 8.4% from 1Q 2021). Net loss: US$61.4m (loss widened 81% from 1Q 2021). Over the next year, revenue is forecast to grow 21%, compared to a 9.3% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance. Announcement • Apr 26
Cooper-Standard Holdings Inc. to Report Q1, 2022 Results on May 05, 2022 Cooper-Standard Holdings Inc. announced that they will report Q1, 2022 results After-Market on May 05, 2022 Announcement • Apr 12
Cooper Standard Holdings Inc Appoints Shannon B. Quinn as Vice President, Chief Commercial and Strategy Officer COOPER STANDARD HOLDINGS INC announced the appointment of Shannon B. Quinn to vice president, chief commercial and strategy officer. In her new role, Quinn will be responsible for the global commercial group and corporate strategy, and will report to Patrick Clark, senior vice president and managing director global automotive. Based at the Company's world headquarters in Northville, Quinn will also join Cooper Standards Global Leadership Team. Prior to joining Cooper Standard, Quinn served as president, consumer original equipment North America for Bridgestone Corp. from 2017 to 2022. In this role, she was responsible for leading business development, commercial negotiations, program management, strategy and the overall profit and loss for the business unit. She also led the new initiative to expand Bridgestones overall business with new OEs and new mobility players. Announcement • Apr 08
Cooper-Standard Holdings Inc., Annual General Meeting, May 19, 2022 Cooper-Standard Holdings Inc., Annual General Meeting, May 19, 2022, at 09:00 US Eastern Standard Time. Agenda: To elect Directors; to discuss Advisory Vote on Named Executive Officer Compensation; to discuss the Ratification of Appointment of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm for 2022. Recent Insider Transactions • Mar 05
Independent Director recently bought €445k worth of stock On the 4th of March, Stephen Van Oss bought around 40k shares on-market at roughly €11.12 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €893k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 18
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: US$18.94 loss per share (down from US$15.82 loss in FY 2020). Revenue: US$2.33b (down 1.9% from FY 2020). Net loss: US$322.8m (loss widened 21% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 15% compared to a 2.9% decline forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Announcement • Feb 18
Cooper-Standard Holdings Inc. Provides Earnings Guidance for the Year 2022 Cooper-Standard Holdings Inc. provided earnings guidance for the year 2022. For this year, the company expected sales in the range of $2.6 billion to $2.8 billion. Announcement • Feb 02
Cooper-Standard Holdings Inc. to Report Q4, 2021 Results on Feb 17, 2022 Cooper-Standard Holdings Inc. announced that they will report Q4, 2021 results After-Market on Feb 17, 2022 Reported Earnings • Nov 05
Third quarter 2021 earnings released: US$7.20 loss per share (vs US$0.26 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: US$526.7m (down 23% from 3Q 2020). Net loss: US$123.2m (down US$127.6m from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Executive Departure • Sep 15
Chief Accounting Officer, VP & Corporate Controller Peter Brusate has left the company On the 10th of September, Peter Brusate's tenure as Chief Accounting Officer, VP & Corporate Controller ended after 4.3 years in the role. As of June 2021, Peter still personally held only 619.00 shares (€14k worth at the time). Peter is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.25 years. Recent Insider Transactions • Aug 14
Independent Director recently bought €408k worth of stock On the 12th of August, Stephen Van Oss bought around 20k shares on-market at roughly €20.39 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • Aug 06
Cooper-Standard Holdings Inc. Updates Sales Guidance for the Full Year 2021 Cooper-Standard Holdings Inc. updated sales guidance for the full year 2021. For the year, the company expected sales in the range of $2.45 billion to $2.60 billion. Reported Earnings • Aug 05
Second quarter 2021 earnings released: US$3.74 loss per share (vs US$7.94 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$533.2m (up 57% from 2Q 2020). Net loss: US$63.6m (loss narrowed 53% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Reported Earnings • May 08
First quarter 2021 earnings released: US$2.00 loss per share (vs US$6.55 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: US$669.0m (up 2.1% from 1Q 2020). Net loss: US$33.9m (loss narrowed 69% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 13
New 90-day high: €35.80 The company is up 28% from its price of €28.00 on 11 December 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 6.0% over the same period. Reported Earnings • Feb 20
Full year 2020 earnings released: US$15.82 loss per share (vs US$3.94 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$2.38b (down 24% from FY 2019). Net loss: US$267.6m (down 496% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Analyst Estimate Surprise Post Earnings • Feb 20
Revenue beats expectations Revenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 13%, compared to a 9.7% growth forecast for the Auto Components industry in Germany. Announcement • Feb 10
Cooper-Standard Holdings Inc. to Report Q4, 2020 Results on Feb 17, 2021 Cooper-Standard Holdings Inc. announced that they will report Q4, 2020 results After-Market on Feb 17, 2021 Announcement • Nov 07
Cooper-Standard Holdings Inc. Unable to Provides Guidance Cooper-Standard Holdings Inc. announced that following unprecedented disruption in early 2020, the automotive industry experienced a strong rebound in sales and production in the third quarter. Current expectations for light vehicle production in the fourth quarter is positive in Asia and Europe, but sequentially softer in North America, in line with typical seasonal patterns. A high degree of uncertainty remains in the global economy generally and the automotive industry specifically as COVID-19 cases are once again increasing in various regions around the world. In this unusually dynamic environment, the Company is not issuing formal financial guidance. Cooper Standard's leadership team remains positive, however, regarding the progress the Company is making in its stated objective to improve returns on invested capital over the next two years. Announcement • Nov 01
Cooper-Standard Holdings Inc. to Report Q3, 2020 Results on Nov 05, 2020 Cooper-Standard Holdings Inc. announced that they will report Q3, 2020 results at 5:00 PM, Eastern Standard Time on Nov 05, 2020 Announcement • Sep 25
Flex-N-Gate Group acquired Cooper-Standard Rockford Inc. from Cooper Standard Automotive, Inc. Flex-N-Gate Group acquired Cooper-Standard Rockford Inc. from Cooper Standard Automotive, Inc. in December 2015. Donnelly Penman & Partners acted as financial advisor to Cooper-Standard Holdings Inc.
Flex-N-Gate Group completed the acquisition of Cooper-Standard Rockford Inc. from Cooper Standard Automotive, Inc. in December 2015. Announcement • Sep 11
Cooper-Standard Holdings Inc. Lays Off 86 at Tennessbee Factory Cooper Standard Holdings Inc. is permanently laying off 86 workers at a plant in Tennessee. The Novi, Mich.-based company filed a notice with the Tennessee Department of Labor and Workforce Development indicating the move at its Surgoinsville site is effective Oct. 20, 2020. Announcement • Jul 22
Cooper-Standard Holdings Inc. to Report Q2, 2020 Results on Aug 04, 2020 Cooper-Standard Holdings Inc. announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Aug 04, 2020 
