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 Barclays Global Automotive Conference (Virtual) Transcript

Nov 19, 2020 / 02:20PM GMT
Release Date Price: €6.8 (-3.55%)
Brian Arthur Johnson
Barclays Bank PLC, Research Division - MD & Senior Equity Analyst

Good morning, everyone. Welcome to our next episode of the 11th Annual Global Automotive Conference. Very pleased to have with us American Axle. We're joined by David Dauch, Chairman and CEO of American & Axle Manufacturing; along with Chris May, Vice President and CFO. Jason Parsons is on the line as well. So we may hear from him as well. Before I get to my questions, I want to just turn it over to David to give us a little brief update on the company.

David Charles Dauch
American Axle & Manufacturing Holdings, Inc. - Chairman & CEO

Great. Thanks, Brian, and good morning, everybody. Before we begin our presentation or our discussion here today, I just, please, refer you to our forward-looking statement on our presentation deck or on our website at aam.com. As all of you know and have seen by now, we reported solid third quarter adjusted free cash flow of $217 million compared to $161 million last year in the quarter. Our adjusted EBITDA was $297 million or

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