American Axle & Mfg Holdings Inc (STU:AYA)
€ 6.1 -0.15 (-2.4%) Market Cap: 721.37 Mil Enterprise Value: 2.84 Bil PE Ratio: 27.59 PB Ratio: 1.25 GF Score: 69/100

American Axle & Manufacturing Holdings Inc at Bank of America Merrill Lynch Global Automotive Summit (Virtual) Transcript

May 15, 2020 / 05:10PM GMT
Release Date Price: €5.15 (+5.97%)
John Joseph Murphy
BofA Merrill Lynch, Research Division - MD and Lead United States Auto Analyst

Great. Thanks, everybody, for joining us back at the conference here. Next up, we have American Axle, one of the largest global drivetrain technology companies that is wrapping up the integration of a transformative acquisition being MPG and delivering really well through the current crisis, all things considered. We believe it's a bellwether here really weathering a storm. One of the people I've have been concerned about on the leverage side. But as I kind of asked the question on the call, it feels like you guys have the situation in a headlock, certainly from a balance sheet and operating perspective, even though it's tough. We're very happy to have Chris May, Vice President and CFO; and Jason Parsons, Director of Investor Relations, here today to answer questions from American Axle.

And with that, Chris, I'll turn it over to you for some opening comments.

Christopher John May
American Axle & Manufacturing Holdings, Inc. - VP & CFO

Okay.

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