Allison Transmission Q1 Net Sales Up 84% YOY
Allison Transmission Holdings Inc. reported first-quarter net sales of $1,406 million, an 84% increase year-over-year, driven by the inclusion of the ...
Allison Transmission Holdings Inc. reported first-quarter net sales of $1,406 million, an 84% increase year-over-year, driven by the inclusion of the Allison Off-Highway business acquired from Dana Incorporated on January 1. Adjusted EBITDA reached $362 million (26% margin), with adjusted diluted EPS of $2.57. The company paid a quarterly dividend of $0.29 per share and repurchased over $20 million in common stock.