John Franzreb

Hans Baldau

Joseph Gomes

Mike Crawford

Barry Haimes

Rob Brown

Thomas Kerr

- NN Incorporated reported **$434 million** in LTM sales and **$47 million** in adjusted EBITDA (11%) through Q2, with Q2 sales at **$107.9 million** and adjusted EBITDA margins at **12.2%**.  **[918541_2145453_1]** **[918541_2145453_6]**  The company aims to achieve **13% to 14% EBITDA margins**.  **[918541_2145453_2]** **[918541_2145453_4]** 
- The company is actively pursuing organic growth, having secured **$182 million** in new business wins since Q2 2023, with a target of **$200 million** by the end of 2025.  **[918541_2145453_4]**  Its new business pipeline stands at **$750 million**, with new awards averaging **5% higher gross margins** than the company average.  **[918541_2145453_4]** **[918541_2145453_8]** 
- NNBR is executing a five-year plan to scale the company to over **$1 billion**, including M&A activities focused on diversifying into consumer, defense, industrial, and aerospace markets, while avoiding increased automotive exposure.  **[918541_2145453_2]** **[918541_2145453_6]** **[918541_2145453_8]** 
- Operational improvements have led to an increase in adjusted gross margins from **16.3% in 2023** to **18.2% in H1 2025** and adjusted EBITDA margins from **8.8% to 11.1%**, driven by shedding unprofitable operations, closing two plants, and a 2025 cost savings plan targeting **$15 million**.  **[918541_2145453_4]** **[918541_2145453_5]**

NN Incorporated Outlines Strategic Repositioning and Growth Initiatives

- NN, Inc. reported **$434 million** in sales and **$47 million** in Adjusted EBITDA on a trailing twelve-month (TTM) basis as of **Q2 2025**, achieving an **11%** Adjusted EBITDA margin.  **[918541_0001104659-25-090035_tm2526033d1_ex99-1.htm:4]** 
- The company's strategic plan targets growing organic sales to **$600+ million** and **$1+ billion** with M&A, aiming for Adjusted EBITDA margins of **13-14%**.  **[918541_0001104659-25-090035_tm2526033d1_ex99-1.htm:9]**  
- New business awards reached **$182 million** by **Q2 2025 YTD**, with an estimated **$48 million** annual run-rate from 2025 launches.  **[918541_0001104659-25-090035_tm2526033d1_ex99-1.htm:6]** 
- For **2025**, NN, Inc. has a **$15 million** cost-out plan in progress, which includes headcount reduction and continuous improvement initiatives.  **[918541_0001104659-25-090035_tm2526033d1_ex99-1.htm:9]**  
- The market outlook for **Q2 2025** indicates softness in the Auto and Commercial Vehicle segments, while the Defense & Electronic Systems segment is experiencing strong year-over-year growth.  **[918541_0001104659-25-090035_tm2526033d1_ex99-1.htm:5]**

NN (NNBR)