EX-99.1 2 ap-ex99_1.htm EX-99.1 EX-99.1 EXHIBIT 99.1 Contact: David Anderson Vice President, Chief Financial Officer and Air & Liquid Processing President (412) 246-4010 danderson@ampcopgh.com FOR IMMEDIATE RELEASE CARNEGIE, PA March 16, 2026 Ampco-Pittsburgh Corporation (NYSE: AP) Announces Fourth Quarter and Full Year 2025 Results • 4Q and FY 2025 GAAP net loss of $57.7 million ($2.85 per share) and $66.1 million ($3.28 per share) • 4Q and FY 2025 losses include non-cash after-tax expenses of $54.3 million and $63.3 million, primarily for costs related to exiting U.K. cast roll businesses and an undiscounted asbestos-related revaluation charge. • Q4 2025 Adjusted EBITDA of $3.2 million versus $6.0 million prior year • Full Year 2025 Adjusted EBITDA of $29.2M up 4% versus prior year • Successfully exited UK cast roll facility in Q4 2025, which is expected to result in an annual positive EBITDA improvement of $7 million to $8 million. Carnegie, PA, March 16, 2026 - Ampco-Pittsburgh Corporation (NYSE: AP) reported net sales of $108.8 million and $434.2 million for the three and twelve months ended December 31, 2025, compared to $100.9 million and $418.3 million …
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
Ampco-Pittsburgh Corp.
Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On March 16, 2026, Ampco-Pittsburgh Corporation issued a press release announcing its results for the three months and year ended December 31, 2025. A copy of the press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K and is hereby incorporated by reference into this Item 2.02.…
Company context
Ampco-Pittsburgh Corporation manufactures and sells highly engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. Through its operating subsidiary, Union Electric Steel Corporation, it is a leading producer of forged and cast rolls for the global steel and aluminum industries. It also manufactures open-die forged products that are sold principally to customers in the steel distribution market, oil and gas industry, and the aluminum and plastic extrusion industries. The Corporation is also a producer of air and liquid processing equipment, primarily custom-engineered finned tube heat exchange coils, large custom air handling systems and centrifugal pumps. It operates manufacturing facilities in the United States, Sweden, and Slovenia and participates in two operating joint ventures located in China. It has sales offices in North America, Asia, Europe, and the Middle East. Corporate headquarters are located in Carnegie, Pennsylvania.