NN Announces Another Strong Quarter of New Business Wins
From GlobeNewswire: 2025-04-21 08:45:00
NN Inc. reports new business awards of $16.4 million in Q1 2025, totaling over $150 million since Q1 2023, exceeding five-year plan targets. Adjusted EBITDA margin target range raised to 13-14%, reaffirming 2025 guidance. Company’s pipeline expands in key areas like non-automotive, medical, and industrial products. CEO Harold Bevis highlights strong growth and margin improvement efforts. NN remains focused on margin expansion, cost structures, and profitability improvements. NN is a global industrial company with advanced engineering capabilities, delivering high-precision components worldwide. For more information, visit www.nninc.com.
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