Edited Transcript of AXL earnings conference call or presentation 1-Nov-19 2:00pm GMT [Yahoo! Finance News]
American Axle & Manufacturing Holdings, Inc. (AXL)
Last american axle & manufacturing holdings, inc. earnings: 2/14 08:00 am
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Source: Yahoo! Finance News
Edited Transcript of AXL earnings conference call or presentation 1-Nov-19 2:00pm GMT With that, let me turn things over to AAM's Chairman and Chief Executive Officer, David Dauch. -------------------------------------------------------------------------------- David Charles Dauch, American Axle & Manufacturing Holdings, Inc. - Chairman & CEO [3] Thank you, Jason, and good morning, everyone. Joining me on the call today are Mike Simonte, our President; and Chris May, AAM's Vice President and Chief Financial Officer. To begin my comments today, I'll provide some color on AAM's third quarter results. AAM's financial results in the third quarter of 2019 reflects solid operating performance despite lower-than-expected production volumes resulting from the GM work stoppage, which began in mid-September. AAM's sales were $1.68 billion for the third quarter of 2019 compared to $1.82 billion in the third quarter of 2018. We estimate that sales were negatively impacted by the GM work stoppage
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