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TITAN INTERNATIONAL (TWI)

Earnings summaries and quarterly performance for TITAN INTERNATIONAL.

Recent press releases and 8-K filings for TWI.

Titan SA Unveils "TITAN Forward 2029" Growth Plan
TWI
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
  • Titan SA announced its new strategic growth plan, "TITAN Forward 2029," at an Investor Day in Athens, Greece, outlining its vision for the period 2025–2029.
  • The plan focuses on accelerating growth in core business, expanding its alternative cementitious materials platform, and investing in new technologies and digital capabilities, supported by over €3bn in planned investments.
  • Key financial targets for the 2025-2029 period include annual sales growth of 6-8% to reach €4bn by 2029, annual EBITDA growth of 11-13% to reach €1bn by 2029, and an increase in earnings per share to €5-€6.
  • The company also targets a Return on (Average) Capital Employed of 15-17%, a leverage ratio (Net Debt to EBITDA) in the range of 1.5x - 2.0x, and plans to return approximately €500 million to shareholders during the period.
Nov 11, 2025, 10:04 AM
TITAN Announces "TITAN Forward 2029" Strategic Growth Plan
TWI
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
  • TITAN SA unveiled its new strategic growth plan, "TITAN Forward 2029", on November 11, 2025, aiming to accelerate growth in core activities, expand its alternative cementitious materials platform, and invest in new technologies and digital capabilities for the 2025-2029 period.
  • The plan includes an investment capacity of over 3 billion euros for growth capital expenditures, supported by strong operational free cash flow and financial flexibility.
  • Key financial targets for 2029 include annual revenue growth of 6% to 8% to reach 4 billion euros, annual EBITDA growth of 11% to 13% to reach 1 billion euros, and an increase in earnings per share (EPS) to 5 - 6 euros per share.
  • TITAN also targets an average Return on Capital Employed (ROCE) of 15% to 17% and plans to provide approximately 500 million euros in shareholder returns over the 2025-2029 period.
Nov 11, 2025, 10:04 AM
Titan (TWI) Reports Q3 2025 TTM Financials and Outlines Path to Mid-Cycle Adjusted EBITDA
TWI
Earnings
Guidance Update
M&A
  • For the trailing twelve months (TTM) ending September 2025, Titan (TWI) reported Total Revenues of $1.8 billion and Adjusted EBITDA of $100 million, with Net Debt at $373 million and a leverage ratio of 3.7x.
  • Titan aims to achieve $250 million in mid-cycle Adjusted EBITDA, up from the September 2025 TTM baseline of $100 million, through a combination of returning to mid-cycle volumes and implementing synergies plus growth initiatives.
  • The company has realized $6 million in synergies in FY 2024 from the Carlstar acquisition, with an incremental target of $7 million to $9 million for FY 2025, and a long-term target of $25 million to $30 million.
  • Titan is a global manufacturer of off-highway tires, wheels, and undercarriage equipment, operating in the Agriculture, Earthmoving/Construction (EMC), and Consumer segments.
Nov 6, 2025, 2:00 PM
Titan International Reports Strong Q3 2025 Results and Provides Q4 Guidance
TWI
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • Titan International reported strong Q3 2025 results, with consolidated revenues in line with guidance and adjusted EBITDA near the higher end of their range. Sales grew 4% year over year, adjusted EBITDA increased 45% to $30 million, and gross margins expanded 210 basis points to 15.2%.
  • Segment performance was solid, with Ag and EMC sales growing 8% and 7% respectively year over year. Ag revenues were up over 7% driven by Latin America, and EMC revenues increased 6% to $145 million. Consumer sales, while down just under 3% year over year, rebounded nearly 15% sequentially to $132 million.
  • The company demonstrated strong financial discipline, reducing net debt to $373 million from $391 million last quarter, bringing leverage down to 3.7, and generating $30 million in free cash flow.
  • For Q4 2025, Titan International guided revenues between $385 million and $410 million and adjusted EBITDA of approximately $10 million. Management anticipates a return to growth in the ag segment and a good basis for growth in the EMC segment in 2026, with aftermarket expected to start the year positively.
Nov 6, 2025, 2:00 PM
Titan International Reports Third Quarter 2025 Financial Results
TWI
Earnings
Guidance Update
Demand Weakening
  • For the third quarter ended September 30, 2025, Titan International reported revenues of $466 million, representing 4% growth, with an Adjusted EBITDA of $30 million and a gross margin of 15.2%.
  • The company generated $30 million in free cash flow during Q3 2025.
  • For the fourth quarter of 2025, Titan International expects sales to be between $385 million and $410 million and Adjusted EBITDA to be around $10 million.
  • The Ag and EMC segments reported revenue growth and expanded gross margins, while the Consumer segment experienced marginally lower revenues due to tariffs. The company noted decreasing overall wheel and tire inventories, indicating potential for improved broad-based demand.
Nov 6, 2025, 11:00 AM
TITAN Group Announces Nine-Month 2025 Results
TWI
Earnings
New Projects/Investments
Share Buyback
  • TITAN Group reported strong financial performance for the nine months ended September 30, 2025, with Group Sales increasing by 1.4% to €2,013 million and Group EBITDA growing by 8.4% to €474 million.
  • Adjusted net profit for the period was €223 million, a -0.8% year-over-year change, after accounting for a €51.9 million one-off loss from the sale of Adocim.
  • The company maintained a solid financial position with net debt at €302 million and a low leverage ratio of 0.5x EBITDA as of September 2025, alongside an improved "BB+ with positive outlook" credit rating from Fitch.
  • Strategic growth initiatives included the 80% acquisition of Baupartner in Bosnia & Herzegovina, regulatory approval for precast lintel products in Florida, and three bolt-on acquisitions in Greece, with CapEx reaching €185 million YTD.
  • A new €10 million share buyback program was launched in July 2025, and the outlook for the remainder of the year is positive, driven by solid volume growth, resilient pricing, and efficiency gains.
Nov 6, 2025, 8:43 AM
Titan International, Inc. Reports Third Quarter 2025 Financial Results
TWI
Earnings
Guidance Update
Demand Weakening
  • Titan International, Inc. reported revenues of $466.5 million for Q3 2025, an increase of 4% compared to the same period in 2024.
  • Gross margin improved to 15.2% in Q3 2025 from 13.1% in Q3 2024, contributing to an Adjusted EBITDA of $29.769 million and free cash flow of $29.889 million.
  • The company anticipates Q4 2025 sales to be between $385 million and $410 million, with Adjusted EBITDA around $10 million.
  • The Consumer segment experienced marginally lower revenues due to lower sales volumes in the Americas and reduced OEM demand, partially offset by growth in the Ag and EMC segments.
Nov 5, 2025, 11:18 PM
TITAN Group Forms Strategic Partnership for Low-Carbon Cement Technology
TWI
New Projects/Investments
Product Launch
  • TITAN Group and thyssenkrupp Polysius have established a strategic partnership to advance Polysius’ meca® clay technology, aiming to develop pioneering low-carbon cement products.
  • The meca® clay technology is designed to significantly reduce CO2 emissions and energy consumption in cement production by partially replacing clinker, with a goal to achieve a clinker-to-cement ratio below 40%.
  • TITAN plans to implement this technology for the first time at its Patras cement plant in Greece, where pilot activities are scheduled for 2026.
  • This collaboration is a key part of TITAN's strategy to establish its Centre for Advanced Technologies and supports its ambition to deliver net-zero concrete by 2050.
Nov 5, 2025, 9:52 AM
Titan International Closes Strategic Partnership with Brazilian Wheel Manufacturer Rodaros
TWI
M&A
New Projects/Investments
  • Titan International, Inc. (TWI) closed a strategic partnership with Rodaros Industria de Rodas Ltda., a Brazilian manufacturer of agricultural and construction wheels, on October 28, 2025.
  • Titan made an initial cash investment of $4 million for a 20% ownership stake in Rodaros, with commitments to acquire the remaining 80% in 2029 based on financial performance criteria.
  • This partnership aims to leverage Titan's "One Stop Shop" framework by distributing wheel/tire assemblies to OEM customers in Brazil, which is the third largest agricultural market, providing a competitive advantage as competitors do not offer this in the region.
Oct 28, 2025, 8:15 PM