NN Inc (FRA:NN2)
€ 2.94 +0.12 (+4.26%) Market Cap: 265.63 Mil Enterprise Value: 428.99 Mil PE Ratio: 0 PB Ratio: 9.28 GF Score: 59/100

Q2 2025 NN Inc Earnings Call Transcript

Aug 7, 2025 / 01:00 PM GMT
Release Date Price: €1.81 (-0.55%)

Key Points

Positve
  • NN Inc (NNBR) reported a solid quarter with sales reaching $107.9 million, adjusted for the sale of Lubbock last year.
  • The company achieved improved gross margins, reaching close to 20% at 19.5%.
  • NN Inc (NNBR) gained $32.7 million in new business year-to-date, putting them on pace for their annual goal of $65 million.
  • The company successfully refinanced its term loan and is focused on reducing the cost of its term loan and refinancing preferred stock.
  • NN Inc (NNBR) launched approximately 70 new programs year-to-date, contributing to future revenue growth.
Negative
  • The automotive industry is experiencing global turmoil, impacting NN Inc (NNBR)'s sales, particularly with a large tier one customer in Europe.
  • Working capital remains sticky due to metal price escalation, affecting the company's balances despite improved efficiency.
  • The North American commercial vehicle market is down year-to-date and expected to decline further, impacting NN Inc (NNBR)'s business.
  • The company is leaning towards the lower half of its guidance range for net sales and adjusted EBITDA due to uncertainty from top customers and an unstable macroeconomic environment.
  • NN Inc (NNBR) experienced some pushouts in automotive program launches, affecting their new business program targets.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

NNBR.OQ - NN Inc
Q2 2025 NN Inc Earnings Call
Aug 07, 2025 / 01:00PM GMT

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Presentation
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Unidentified_1 [1]
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Welcome to the NN Inc. 2nd quarter 2025 earnings call.

At this time, all participants are in a listen-only mode. Later we will conduct a question and answer session. I would now like to turn the call over to your host Stephen Poo, Investor Relations. You may begin, sir.

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Unidentified_2 [2]
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Thank you, operator. Good morning, everyone, and thanks for joining us. I'm Steven Poe with NN Inc.s investor relations team, and I'd like to thank you for attending today's earnings call and business update. Last evening we issued a press release announcing our financial results for
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