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Commercial Vehicle Group Inc (CVGI.OQ)

CVGI.OQ on NASDAQ Stock Exchange Global Select Market

10.72USD
23 Feb 2018
Change (% chg)

$0.01 (+0.09%)
Prev Close
$10.71
Open
$10.80
Day's High
$10.90
Day's Low
$10.53
Volume
54,190
Avg. Vol
69,672
52-wk High
$13.88
52-wk Low
$5.35

Latest Key Developments (Source: Significant Developments)

Commercial Vehicle Group Announces Impact Of Tax Cuts And Jobs Act Of 2017
Monday, 12 Feb 2018 04:10pm EST 

Feb 12 (Reuters) - Commercial Vehicle Group Inc ::COMMERCIAL VEHICLE GROUP ANNOUNCES IMPACT OF TAX CUTS AND JOBS ACT OF 2017.COMMERCIAL VEHICLE GROUP INC - ‍PRELIMINARY ASSESSMENT OF IMPACT OF NEW TAX LEGISLATION IS A NEGATIVE IMPACT IN Q4 2017​.COMMERCIAL VEHICLE GROUP INC - ‍EXPECTED POSITIVE IMPACT ON COMPANY'S FUTURE AFTER-TAX EARNINGS AFTER Q4 2017 FROM NEW TAX ACT​.COMMERCIAL VEHICLE GROUP INC - ‍BELIEVE NEW TAX LEGISLATION WILL RESULT IN A CHARGE IN Q4 2017 OF APPROXIMATELY $11 MILLION​.  Full Article

Commercial Vehicle Group Q3 earnings per share $0.1
Monday, 6 Nov 2017 04:10pm EST 

Nov 6 (Reuters) - Commercial Vehicle Group Inc :Commercial Vehicle Group announces third quarter 2017 results.Q3 earnings per share $0.16.Q3 adjusted earnings per share $0.16.Q3 revenue rose 29.1 percent to $198.3 million.  Full Article

Commercial Vehicle Group announces Q2 revenue $195.1 mln
Monday, 7 Aug 2017 04:05pm EDT 

Aug 7 (Reuters) - Commercial Vehicle Group Inc :Commercial vehicle group announces second quarter 2017 results.Q2 earnings per share $0.00.Q2 revenue rose 9.5 percent to $195.1 million.Q2 adjusted earnings per share $0.08.Management estimates that 2017 North American class 8 truck production will be in range of 220,000 - 240,000 units.  Full Article

Commercial Vehicle Group's unit enters into purchase agreement with Warren Distribution
Friday, 28 Jul 2017 06:13am EDT 

July 28 (Reuters) - Commercial Vehicle Group Inc :‍On July 24, unit entered into purchase agreement with Warren Distribution to sell co's Shadyside, Ohio property for $2.5 million​.  Full Article

Man Group Plc reports 5.01 pct passive stake in Commercial Vehicle Group as of July 3, 2017
Thursday, 13 Jul 2017 04:55pm EDT 

July 13 (Reuters) - Man Group Plc: :Man Group Plc reports a 5.01 percent passive stake in commercial vehicle group inc as of July 3, 2017 -sec filing.  Full Article

Commercial Vehicle Group reports Q1 earnings per share $0.02
Thursday, 4 May 2017 05:45pm EDT 

May 4 (Reuters) - Commercial Vehicle Group Inc :Commercial Vehicle Group announces first quarter 2017 results.Q1 earnings per share $0.02.Q1 revenue fell 3.8 percent to $173.4 million.Q1 adjusted earnings per share $0.08.Commercial Vehicle Group Inc says estimates that 2017 north american class 8 truck production will be in range of 215,000 - 235,000 units.Commercial Vehicle Group Inc says 2017 North American class 5-7 production is expected to be up slightly year-over-year.  Full Article

Commercial Vehicle Group entered into a $175 mln secured credit facility
Thursday, 13 Apr 2017 06:33am EDT 

Commercial Vehicle Group Inc : Commercial Vehicle Group Inc - on April 12, 2017, co entered into a $175 million secured credit facility - SEC filing . Commercial Vehicle Group Inc - term loan facility matures on April 12, 2023 . Commercial Vehicle Group Inc - company may increase amount outstanding under term loan facility by $20 million plus additional incremental term loans . Commercial Vehicle Group Inc - proceeds of term loans to be used fund redemption, of all of co's outstanding 7.875% senior secured notes due 2019 .Commercial Vehicle - amounts outstanding under term loan deal accrue interest at per annum rate equal to base rate plus 5.00% or LIBOR rate plus 6.00%.  Full Article

Commercial Vehicle Group announces the successful refinancing of its senior notes
Wednesday, 12 Apr 2017 04:10pm EDT 

Commercial Vehicle Group Inc : Commercial Vehicle Group announces the successful refinancing of its senior notes . Commercial Vehicle Group Inc-entered into third amended and restated loan and security agreement extending and upsizing its revolving credit facility .Commercial Vehicle Group Inc-agreement upsizing revolving credit facility to $65 million from $40 million, extends maturity date to April 2022 from April 2018.  Full Article

Commercial Vehicle Group announces intent to refinance 7.875% senior secured notes
Monday, 13 Mar 2017 09:06am EDT 

Commercial Vehicle Group Inc : Commercial Vehicle Group announces intent to refinance 7.875% senior secured notes . Commercial Vehicle Group Inc - company expects to close refinancing after redemption premium on 7.875% notes steps down to zero in April of this year . Commercial Vehicle Group Inc - its intention to refinance company's $235 million 7.875% notes due April 2019 with an institutional term loan . Commercial Vehicle Group Inc - also intend to upsize our abl facility to $65 million in conjunction with refinancing of notes . Commercial Vehicle Group Inc - revenues are estimated at $157.0 - $167.0 million for three months ending march 31, 2017 . Commercial Vehicle Group Inc - pro forma for expected refinancing, cash on balance sheet will approximate $65 million and debt will be $175 million . Commercial Vehicle Group Inc - operating income is estimated at $3.8 - $4.4 million for three months ending march 31, 2017 .Commercial Vehicle Group Inc - for three months ending March 31, 2017, adjusted EBITDA is estimated at $8.5 - $9.3 million.  Full Article

Commercial Vehicle Group Q4 earnings per share $0.01
Thursday, 9 Mar 2017 04:15pm EST 

Commercial Vehicle Group Inc : Commercial Vehicle Group announces fourth quarter and fiscal year 2016 results . Q4 earnings per share $0.01 . Q4 revenue fell 18.8 percent to $150 million . Q4 adjusted earnings per share $0.02 . Commercial vehicle group says management estimates that 2017 North American class 8 truck production will be in range of 200,000 to 220,000 units . Says management estimates that 2017 North American class 5-7 truck production will be stable . Says seeing strong order activity in North American truck aftermarket early in year . In 2017, "global agriculture markets may be flattening out but are still challenged" .Says construction markets co serves are looking positive in Europe, Asia, and North America in 2017.  Full Article