Income Statement
Balance Sheet
Cash Flow
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 1.2B | 1.3B | 1.5B | 1.5B | 1.4B |
| Operating Revenue | 1.2B | 1.3B | 1.5B | 1.5B | 1.4B |
| Cost Of Revenue | 950.0M | 1.1B | 1.1B | 981.0M | 1.0B |
| Gross Profit | 215.0M | 203.0M | 383.0M | 478.0M | 394.0M |
| Selling General And Administration | 245.0M | 258.0M | 272.0M | 257.0M | 248.0M |
| General And Administrative Expense | 68.0M | 64.0M | 64.0M | 70.0M | 68.0M |
| Depreciation And Amortization In Income Statement | 143.0M | 133.0M | 134.0M | 134.0M | 137.0M |
| Operating Expense | 433.0M | 478.0M | 427.0M | 414.0M | 392.0M |
| Operating Income | -218.0M | -275.0M | -44.0M | 64.0M | 2.0M |
| EBIT | -913.0M | -260.0M | -39.0M | 70.0M | -38.0M |
| Interest Expense | 6.0M | 16.0M | 4.0M | 3.0M | 4.0M |
| Interest Expense Non Operating | 6.0M | 16.0M | 4.0M | 3.0M | 4.0M |
| Interest Income | 9.0M | 6.0M | 9.0M | 10.0M | 17.0M |
| Interest Income Non Operating | 9.0M | 6.0M | 9.0M | 10.0M | 17.0M |
| Net Interest Income | 2.0M | -11.0M | 4.0M | 6.0M | 13.0M |
| Other Income Expense | -702.0M | 11.0M | -3.0M | -3.0M | -58.0M |
| Other Non Operating Income Expenses | 5.0M | 1.0M | -1.0M | 4.0M | 1.0M |
| Special Income Charges | -706.0M | 0.00 | 0.00 | 0.00 | -69.0M |
| Restructuring And Mergern Acquisition | 303.0M | 0.00 | 0.00 | 0.00 | 28.0M |
| Write Off | -- | 0.00 | -- | -- | -29.0M |
| Gain On Sale Of Security | -1.0M | 10.0M | -2.0M | -7.0M | 10.0M |
| Pretax Income | -919.0M | -276.0M | -43.0M | 67.0M | -42.0M |
| Tax Provision | -167.0M | -73.0M | -19.0M | 25.0M | 19.0M |
| Tax Effect Of Unusual Items | -128.5M | 2.6M | -300,000 | -2.6M | -8.8M |
| Net Income From Continuing And Discontinued Operation | -751.0M | -204.0M | -24.0M | 42.0M | -62.0M |
| Net Income From Continuing Operation Net Minority Interest | -751.0M | -204.0M | -24.0M | 42.0M | -62.0M |
| Net Income Including Noncontrolling Interests | -751.0M | -204.0M | -24.0M | 42.0M | -61.0M |
| Net Income Common Stockholders | -751.0M | -204.0M | -24.0M | 42.0M | -62.0M |
| Net Income | -751.0M | -204.0M | -24.0M | 42.0M | -62.0M |
| EBITDA | -770.0M | -127.0M | 95.0M | 204.0M | 100.0M |
| Normalized EBITDA | -63.0M | -137.0M | 97.0M | 211.0M | 159.0M |
| Reconciled Depreciation | 143.0M | 133.0M | 134.0M | 134.0M | 138.0M |
| Basic EPS | -- | -- | -0.30 | 0.53 | -- |
| Diluted EPS | -- | -- | -0.38 | 0.46 | -- |
| Basic Average Shares | -- | -- | 79.2M | 79.7M | -- |
| Diluted Average Shares | -- | -- | 79.4M | 79.9M | -- |
| Total Unusual Items | -707.0M | 10.0M | -2.0M | -7.0M | -59.0M |
| Total Unusual Items Excluding Goodwill | -707.0M | 10.0M | -2.0M | -7.0M | -59.0M |
| Tax Rate For Calcs | 0.18 | 0.26 | 0.15 | 0.37 | 0.15 |
| Normalized Income | -172.5M | -211.4M | -22.3M | 46.4M | -11.8M |
| Amortization | 143.0M | 133.0M | 134.0M | 134.0M | 137.0M |
| Amortization Of Intangibles Income Statement | 143.0M | 133.0M | 134.0M | 134.0M | 137.0M |
| Average Dilution Earnings | -4.0M | -4.0M | -7.0M | -5.0M | 0.00 |
| Depreciation Amortization Depletion Income Statement | 143.0M | 133.0M | 134.0M | 134.0M | 137.0M |
| Diluted NI Availto Com Stockholders | -755.0M | -208.0M | -30.0M | 37.0M | -63.0M |
| Impairment Of Capital Assets | 409.0M | 0.00 | 0.00 | 0.00 | 70.0M |
| Net Income Continuous Operations | -751.0M | -204.0M | -24.0M | 42.0M | -61.0M |
| Net Non Operating Interest Income Expense | 2.0M | -11.0M | 4.0M | 6.0M | 13.0M |
| Other Gand A | 72.0M | 66.0M | 69.0M | 73.0M | 69.0M |
| Other Special Charges | -- | -- | -- | -- | 2.0M |
| Other Taxes | 45.0M | 87.0M | 21.0M | 23.0M | 7.0M |
| Reconciled Cost Of Revenue | 950.0M | 1.1B | 1.1B | 981.0M | 1.0B |
| Salaries And Wages | -4.0M | -2.0M | -5.0M | -3.0M | -1.0M |
| Selling And Marketing Expense | 177.0M | 194.0M | 208.0M | 187.0M | 180.0M |
| Total Expenses | 1.4B | 1.6B | 1.6B | 1.4B | 1.4B |
| Total Operating Income As Reported | -931.0M | -275.0M | -45.0M | 64.0M | -65.0M |
| Total Other Finance Cost | 1.0M | 1.0M | 1.0M | 1.0M | 0.00 |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 202.0M | 546.0M | 646.0M | 390.0M | 641.0M |
| Cash Cash Equivalents And Short Term Investments | 202.0M | 546.0M | 646.0M | 390.0M | 641.0M |
| Cash Equivalents | 44.0M | -- | -- | -- | 252.0M |
| Cash Financial | 157.0M | -- | -- | -- | 389.0M |
| Accounts Receivable | 186.0M | 311.0M | 340.0M | 398.0M | 239.0M |
| Receivables | 323.0M | 380.0M | 368.0M | 459.0M | 316.0M |
| Inventory | 828.0M | 792.0M | 854.0M | 1.0B | 844.0M |
| Prepaid Assets | 34.0M | 53.0M | 65.0M | 32.0M | 36.0M |
| Other Current Assets | -- | -- | -- | -- | -- |
| Current Assets | 1.4B | 1.8B | 1.9B | 1.9B | 1.8B |
| Gross PPE | 7.7B | -- | -- | -- | 7.6B |
| Accumulated Depreciation | -4.2B | -- | -- | -- | -3.8B |
| Net PPE | 3.6B | 3.8B | 3.8B | 3.8B | 3.8B |
| Goodwill | 1.5B | 2.1B | 2.2B | 2.2B | 1.9B |
| Goodwill And Other Intangible Assets | 2.1B | 2.5B | 2.5B | 2.5B | 2.5B |
| Other Intangible Assets | 590.0M | 343.0M | 350.0M | 354.0M | 660.0M |
| Other Non Current Assets | 23.0M | 88.0M | 91.0M | 81.0M | 13.0M |
| Total Non Current Assets | 6.2B | 6.8B | 6.8B | 6.8B | 6.9B |
| Total Assets | 7.6B | 8.6B | 8.8B | 8.8B | 8.8B |
| Current Debt | -- | -- | -- | 200.0M | 200.0M |
| Current Debt And Capital Lease Obligation | 9.0M | -- | -- | 200.0M | 210.0M |
| Accounts Payable | 398.0M | 674.0M | 604.0M | 634.0M | 401.0M |
| Payables | 491.0M | 688.0M | 612.0M | 665.0M | 562.0M |
| Payables And Accrued Expenses | 493.0M | 688.0M | 612.0M | 665.0M | 564.0M |
| Current Accrued Expenses | 2.0M | -- | -- | -- | 2.0M |
| Other Current Liabilities | 5.0M | -- | -- | -- | 3.0M |
| Current Liabilities | 651.0M | 741.0M | 669.0M | 919.0M | 934.0M |
| Long Term Debt | 300.0M | 300.0M | 300.0M | -- | -- |
| Long Term Debt And Capital Lease Obligation | 324.0M | 323.0M | 329.0M | 24.0M | 19.0M |
| Long Term Capital Lease Obligation | 24.0M | 23.0M | 29.0M | 24.0M | 19.0M |
| Other Non Current Liabilities | 197.0M | 29.0M | 77.0M | 73.0M | 68.0M |
| Total Non Current Liabilities Net Minority Interest | 1.1B | 1.2B | 1.2B | 912.0M | 872.0M |
| Total Liabilities Net Minority Interest | 1.8B | 2.0B | 1.9B | 1.8B | 1.8B |
| Common Stock | 2.5B | 2.5B | 2.5B | 2.5B | 2.5B |
| Capital Stock | 2.5B | 2.5B | 2.5B | 2.5B | 2.5B |
| Retained Earnings | 3.6B | 4.4B | 4.7B | 4.7B | 4.7B |
| Gains Losses Not Affecting Retained Earnings | -277.0M | -282.0M | -271.0M | -305.0M | -321.0M |
| Other Equity Adjustments | -277.0M | -282.0M | -271.0M | -305.0M | -321.0M |
| Common Stock Equity | 5.8B | 6.6B | 6.9B | 6.9B | 7.0B |
| Stockholders Equity | 5.8B | 6.6B | 6.9B | 6.9B | 7.0B |
| Total Equity Gross Minority Interest | 5.8B | 6.6B | 6.9B | 6.9B | 7.0B |
| Total Capitalization | 6.1B | 6.9B | 7.2B | 6.9B | 7.0B |
| Net Tangible Assets | 3.8B | 4.1B | 4.4B | 4.4B | 4.4B |
| Tangible Book Value | 3.8B | 4.1B | 4.4B | 4.4B | 4.4B |
| Working Capital | 736.0M | 1.0B | 1.3B | 1.0B | 903.0M |
| Invested Capital | 6.1B | 6.9B | 7.2B | 7.1B | 7.2B |
| Total Debt | 333.0M | 323.0M | 329.0M | 224.0M | 229.0M |
| Net Debt | 98.0M | -- | -- | -- | -- |
| Share Issued | 78.3M | 78.4M | 79.0M | 79.5M | 80.0M |
| Ordinary Shares Number | 78.3M | 78.4M | 79.0M | 79.4M | 80.0M |
| Assets Held For Sale Current | -- | -- | -- | -- | 0.00 |
| Capital Lease Obligations | 33.0M | 23.0M | 29.0M | 24.0M | 29.0M |
| Construction In Progress | 282.0M | -- | -- | -- | 445.0M |
| Current Capital Lease Obligation | 9.0M | -- | -- | -- | 10.0M |
| Current Notes Payable | -- | -- | -- | -- | -- |
| Current Provisions | 68.0M | 53.0M | 57.0M | 54.0M | 60.0M |
| Defined Pension Benefit | 52.0M | -- | -- | -- | 61.0M |
| Derivative Product Liabilities | 6.0M | 5.0M | 10.0M | 8.0M | 8.0M |
| Dividends Payable | 25.0M | -- | -- | -- | 26.0M |
| Employee Benefits | 102.0M | 109.0M | 114.0M | 108.0M | 97.0M |
| Financial Assets | 24.0M | -- | -- | -- | 12.0M |
| Finished Goods | 315.0M | 301.0M | 356.0M | 379.0M | 344.0M |
| Income Tax Payable | 14.0M | 14.0M | 8.0M | 31.0M | 75.0M |
| Interest Payable | 2.0M | -- | -- | -- | 2.0M |
| Land And Improvements | 163.0M | -- | -- | -- | 165.0M |
| Long Term Provisions | 94.0M | 67.0M | 85.0M | 97.0M | 71.0M |
| Machinery Furniture Equipment | 7.2B | -- | -- | -- | 6.9B |
| Non Current Accounts Receivable | 474.0M | 437.0M | 420.0M | 414.0M | 408.0M |
| Non Current Deferred Assets | 6.0M | 1.0M | 3.0M | 8.0M | 7.0M |
| Non Current Deferred Liabilities | 397.0M | 558.0M | 586.0M | 602.0M | 609.0M |
| Non Current Deferred Taxes Assets | 6.0M | 1.0M | 3.0M | 8.0M | 7.0M |
| Non Current Deferred Taxes Liabilities | 397.0M | 558.0M | 586.0M | 602.0M | 609.0M |
| Non Current Pension And Other Postretirement Benefit Plans | 102.0M | 109.0M | 114.0M | 108.0M | 97.0M |
| Non Current Prepaid Assets | 0.00 | -- | -- | -- | 42.0M |
| Other Current Borrowings | -- | -- | -- | 200.0M | 200.0M |
| Other Payable | 38.0M | -- | -- | -- | 52.0M |
| Other Properties | 98.0M | -- | -- | -- | 92.0M |
| Other Receivables | 31.0M | -- | -- | -- | 28.0M |
| Pensionand Other Post Retirement Benefit Plans Current | 76.0M | -- | -- | -- | 97.0M |
| Properties | 0.00 | -- | -- | -- | 0.00 |
| Raw Materials | 513.0M | 491.0M | 498.0M | 662.0M | 500.0M |
| Taxes Receivable | 106.0M | 69.0M | 28.0M | 61.0M | 49.0M |
| Total Tax Payable | 30.0M | 14.0M | 8.0M | 31.0M | 83.0M |
| Tradeand Other Payables Non Current | -- | 132.0M | -- | -- | -- |
| Treasury Shares Number | 20,850 | 20,850 | 16,110 | 26,911 | 53,937 |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | -172.0M | 58.0M | 285.0M | -75.0M | 173.0M |
| Cash Flow From Continuing Operating Activities | -171.0M | 56.0M | 285.0M | -74.0M | 175.0M |
| Depreciation And Amortization | 143.0M | 133.0M | 134.0M | 134.0M | 138.0M |
| Depreciation Amortization Depletion | 143.0M | 133.0M | 134.0M | 134.0M | 138.0M |
| Deferred Tax | -165.0M | -16.0M | -19.0M | 25.0M | 8.0M |
| Deferred Income Tax | -165.0M | -16.0M | -19.0M | 25.0M | 8.0M |
| Change In Working Capital | -106.0M | 154.0M | 181.0M | -230.0M | 35.0M |
| Change In Receivables | 69.0M | 26.0M | 65.0M | -100.0M | 60.0M |
| Change In Inventory | -61.0M | 60.0M | 193.0M | -193.0M | -52.0M |
| Change In Payables And Accrued Expense | -132.0M | 56.0M | -44.0M | 59.0M | 3.0M |
| Other Non Cash Items | 277.0M | -18.0M | -22.0M | 7.0M | 6.0M |
| Capital Expenditure | -138.0M | -90.0M | -78.0M | -104.0M | -156.0M |
| Purchase Of PPE | -138.0M | -90.0M | -78.0M | -104.0M | -156.0M |
| Net PPE Purchase And Sale | -138.0M | -90.0M | -78.0M | -104.0M | -156.0M |
| Sale Of Business | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investing Cash Flow | -130.0M | -81.0M | -70.0M | -99.0M | -144.0M |
| Cash Flow From Continuing Investing Activities | -130.0M | -80.0M | -69.0M | -99.0M | -145.0M |
| Issuance Of Debt | 0.00 | 0.00 | 100.0M | -- | -- |
| Repayment Of Debt | -4.0M | -3.0M | -4.0M | -4.0M | -305.0M |
| Net Issuance Payments Of Debt | -4.0M | -3.0M | 96.0M | -4.0M | -305.0M |
| Issuance Of Capital Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Repurchase Of Capital Stock | -8.0M | -40.0M | -34.0M | -46.0M | -23.0M |
| Net Common Stock Issuance | -8.0M | -40.0M | -34.0M | -46.0M | -23.0M |
| Common Stock Dividend Paid | -25.0M | -25.0M | -25.0M | -26.0M | -26.0M |
| Common Stock Payments | -8.0M | -40.0M | -34.0M | -46.0M | -23.0M |
| Financing Cash Flow | -44.0M | -75.0M | 32.0M | -80.0M | -365.0M |
| Cash Flow From Continuing Financing Activities | -42.0M | -74.0M | 32.0M | -81.0M | -364.0M |
| Effect Of Exchange Rate Changes | 1.0M | -1.0M | 9.0M | 3.0M | -21.0M |
| Changes In Cash | -345.0M | -99.0M | 247.0M | -254.0M | -335.0M |
| Beginning Cash Position | 546.0M | 646.0M | 390.0M | 641.0M | 997.0M |
| End Cash Position | 202.0M | 546.0M | 646.0M | 390.0M | 641.0M |
| Free Cash Flow | -310.0M | -32.0M | 207.0M | -179.0M | 17.0M |
| Amortization Cash Flow | -335.0M | 133.0M | 134.0M | 134.0M | -332.0M |
| Amortization Of Intangibles | -335.0M | 133.0M | 134.0M | 134.0M | -332.0M |
| Asset Impairment Charge | 409.0M | 0.00 | 0.00 | 0.00 | 41.0M |
| Cash Dividends Paid | -25.0M | -25.0M | -25.0M | -26.0M | -26.0M |
| Change In Prepaid Assets | 18.0M | 12.0M | -33.0M | 4.0M | 24.0M |
| Common Stock Issuance | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gain Loss On Investment Securities | -5.0M | -8.0M | -9.0M | 4.0M | -6.0M |
| Interest Paid Cff | -5.0M | -6.0M | -5.0M | -5.0M | -10.0M |
| Interest Received Cfi | 4.0M | 6.0M | 8.0M | 6.0M | 11.0M |
| Long Term Debt Issuance | 0.00 | 0.00 | 100.0M | -- | -- |
| Long Term Debt Payments | -4.0M | -3.0M | -4.0M | -4.0M | -305.0M |
| Net Business Purchase And Sale | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Foreign Currency Exchange Gain Loss | 4.0M | -5.0M | 7.0M | 0.00 | -3.0M |
| Net Income From Continuing Operations | -751.0M | -204.0M | -24.0M | 42.0M | -62.0M |
| Net Long Term Debt Issuance | -4.0M | -3.0M | 96.0M | -4.0M | -305.0M |
| Net Other Financing Charges | -2.0M | -1.0M | -- | 1.0M | -- |
| Net Other Investing Changes | 4.0M | 3.0M | -- | -1.0M | 1.0M |
| Operating Gains Losses | 17.0M | 5.0M | 15.0M | 21.0M | 15.0M |
| Pension And Employee Benefit Expense | 18.0M | 18.0M | 17.0M | 17.0M | 24.0M |
| Taxes Refund Paid | 4.0M | 4.0M | 20.0M | -74.0M | -8.0M |