BorgWarner Reports Strong First Quarter 2025 Results, Announces Exit Of Charging Business, Secures New Business Across Portfolio To Support Future Growth

May 7 (Reuters) - Borgwarner Inc BWA.N:

• BORGWARNER REPORTS STRONG FIRST QUARTER 2025 RESULTS, ANNOUNCES EXIT OF CHARGING BUSINESS, SECURES NEW BUSINESS ACROSS PORTFOLIO TO SUPPORT FUTURE GROWTH

• BORGWARNER - Q1 U.S. NET SALES OF $3,515 MILLION

• BORGWARNER - ACTION EXPECTED TO ELIMINATE ABOUT $30 MILLION OF ANNUALIZED ADJUSTED OPERATING LOSSES.

• BORGWARNER - Q1 ADJUSTED EPS $1.11

• BORGWARNER - CONSOLIDATING ITS NORTH AMERICAN BATTERY SYSTEMS BUSINESS

• BORGWARNER - OUTLOOK FY NET SALES $13.6 BILLION TO $14.2 BILLION

• BORGWARNER - OUTLOOK FY ADJUSTED EPS $4.00 TO $4.45

• BORGWARNER: CONSOLIDATION OF NORTH AMERICAN BATTERY SYSTEMS BUSINESS, EXPECTED TO RESULT IN ANNUAL COST SAVINGS OF APPROXIMATELY $20 MILLION BY 2026

• BORGWARNER - FY 2025 GUIDANCE INCLUDES POTENTIAL TARIFF IMPACTS

• FY2025 EARNINGS PER SHARE VIEW $4.12, REVENUE VIEW $13.78 BILLION -- LSEG IBES DATA

• Q1 EARNINGS PER SHARE VIEW $0.98, REVENUE VIEW $3.40 BILLION -- LSEG IBES DATA

• BORGWARNER: EMOTOR WHICH WILL BE USED ON A SERIES OF HYBRID FULL-SIZE TRUCKS AND SUVS, PERFORMANCE VEHICLE APPLICATION. BUSINESS TO LAUNCH IN 2028

• BORGWARNER: FOUR PROGRAM EXTENSIONS FOR EXHAUST GAS RECIRCULATION (EGR) COMPONENTS IS EXPECTED TO CONTINUE THROUGH THE END OF 2029

• BORGWARNER: HIGH-VOLTAGE COOLANT HEATER (HVCH) BUSINESS IS EXPECTED TO LAUNCH IN 2027

• BORGWARNER: NEW AWARD WITH A TRANSMISSION MANUFACTURER WITH PRODUCTION EXPECTED TO START THE END OF 2025

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