David Storms

Steve Barger

Brian Sponheimer

Christian Zyla

Dave Storms

Jacob Moore

James Wilen

- Park-Ohio Holdings Corp. (PKOH) is at an **inflection point**, having reshaped its business and capital allocation, aiming for growth and debt reduction after selling its **aluminum products business** at the **end of 2023**.  **[76282_2146150_0]** **[76282_2146150_1]** 
- For the current year, the company provides **Q2 guidance** of **sales** between **$1.62 billion** and **$1.65 billion**, and **EPS** between **$2.90** and **$3.20**.  **[76282_2146150_0]** 
- **Free cash flow** for the current year is expected to be **$20 million to $30 million**, with **$65 million** anticipated in the second half.  **[76282_2146150_0]** **[76282_2146150_1]**  The **trailing 12-month revenue** was **$1.61 billion**, and **adjusted EBITDA** was **$145 million**.  **[76282_2146150_0]** 
- Long-term strategic goals include achieving **$2 billion in revenue**, a **10% EBITDA margin**, and **net deleveraging down to three times**.  **[76282_2146150_1]** **[76282_2146150_8]**  The company is currently de-emphasizing acquisitions to focus on **operating leverage** and **new business**.  **[76282_2146150_8]**

PARK OHIO HOLDINGS (PKOH)