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    Bruno Decina

    financial advisor at Wolfe Research, LLC

    Bruno Nikolai Dossena is a financial advisor at Wolfe Research Securities, where he applies his expertise in equity research and investment strategy. With over five years of industry experience, he specializes in financial analysis and investment advisory, supporting institutional clients and contributing to the firm's research output. Dossena began his career in finance prior to joining Wolfe Research and has demonstrated a commitment to professional excellence through ongoing education and advisory roles. He is registered with FINRA, holding the necessary securities licenses to operate as a financial advisor.

    Bruno Decina's questions to DANA (DAN) leadership

    Bruno Decina's questions to DANA (DAN) leadership • Q3 2024

    Question

    Bruno Decina inquired if the recent strong cost performance represented structural changes that would support higher long-term profitability and how past EV investments, potentially based on higher volume assumptions, have impacted the capital base and future returns.

    Answer

    Timothy Kraus, SVP & CFO, confirmed the cost savings are real, structural changes across purchasing, back-office, and plant operations that are expected to be enduring. On EV investments, Kraus explained that Dana has been able to flex its capital spending to match market demand, avoiding the creation of significant idle capacity, as the largest investments for the highest volume programs have not yet been made.

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