2021 Dana continued to make substantial development on its organization technique With all the growth of its e-Mobility offerings, which include new large-voltage motor offerings, the founding a motor facility in Amal, Sweden, the launch of production of its...
Adjusted EBITDA is often a non-GAAP economical evaluate which We now have outlined as Web profits (loss) just before interest, profits taxes, depreciation, amortization, equity grant cost, restructuring cost, non-service Price tag elements of pension along with other postretirement gain expenditures and other adjustments not connected with our Main operations (attain/loss on credit card debt extinguishment, pension settlements, divestitures, impairment, and so forth.). altered EBITDA is really a measure of our capacity to keep up and keep on to invest within our operations and supply shareholder returns. We use adjusted EBITDA in assessing the efficiency of our business enterprise approaches, assessing and pricing potential acquisitions and to be a Consider building incentive payment choices.
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modified EBITDA is often a non-GAAP financial measure which We've described as Internet revenue (decline) prior to curiosity, profits taxes, depreciation, amortization, equity grant price, restructuring price, non-support Price tag parts of pension together with other postretirement profit costs and other adjustments not connected to our core functions (get/reduction on credit card debt extinguishment, pension settlements, divestitures, impairment, and so on.). modified EBITDA is actually a evaluate of our means to take care of and go on to speculate inside our functions and supply shareholder returns. We use altered EBITDA in evaluating the success of our business dana procedures, evaluating and pricing prospective acquisitions and being a factor in making incentive payment selections.
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These forward-searching statements aren't guarantees of long run results and are subject matter to hazards, uncertainties, and assumptions that may trigger our genuine success to vary materially and adversely from All those expressed in any forward-seeking assertion.
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Like All people, we stay careful about the next fifty percent of the calendar year, but our balanced small business model positions us very well to navigate as a result of exterior pressures as we remain centered on launching our new small business backlog and increasing our auto electrification small business."
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