Commercial Vehicle Group, Inc.
For the period ended Mar 10, 2025. Filed Mar 10, 2025.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Mar 10, 2025 · Filed Mar 10, 2025
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Contents
EX-99.1 · Electrical Systems Segment
Electrical Systems Segment
Revenues were $40.3 million compared to $56.2 million in the prior year period, a decrease of 28.3%, primarily resulting from a global softening in the Construction & Agriculture end-markets.
Operating loss was $1.7 million compared to operating income of $6.7 million, a decrease of 125.2% primarily attributable to lower sales volumes and unfavorable foreign exchange.
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