Company Profile For Superior Industries International Inc

Superior Industries International Inc (SUP.N) (New York Stock Exchange)

sector: Cyclical Consumer Goods & Services · industry: Auto/Truck/Motorcycle Parts ·

As of 25 Nov 2009

14.73USD

Price Change

-0.03

Percent Change

-0.20%

Analyst Recommendations

Overview

Superior Industries International, Inc. is engaged in the design and manufacturing of aluminum road wheels for sale to original equipment manufacturers (OEMs). The Company is a supplier of cast and forged aluminum wheels to automobile and light truck manufacturers with wheel manufacturing operations in the United States, Mexico and Hungary. Customers in North America represent the principal market for its products, with approximately 18% of its net sales to international customers by its North American facilities, primarily delivered to their assembly operations in the United States. The Company supplies cast and forged aluminum wheels and components for many North American model passenger cars and light trucks. In June 2008, the Company terminated its 50%-owned marketing joint venture, Topy-Superior Limited (TSL).

Quick Financial Synopsis

BRIEF: For the thirty-nine weeks ended 27 September 2009, Superior Industries International Inc.'s revenues decreased 55% to $273.8M. Net loss totaled $90.2M, up from $5.9M. Revenues reflect decreased sales from US & Mexico segments. Higher loss also reflects increased impairment of long-lived assets, decreased interest income,net, increased other expenses, higher loss from operations and higher loss from equity earnings from joint ventures.