CVG Reports Q3 Revenue Decline and Margin Improvement

Reuters
2025.11.11 11:31
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Commercial Vehicle Group Inc. (CVG) reported Q3 2025 net sales of $723.3 million, with a projected 2025 outlook of $640-$650 million in sales and adjusted EBITDA of $17-$19 million. The company recorded a net loss of $6.8 million for the quarter, despite improved free cash flow of $25 million year-to-date. CVG is focusing on operational efficiency, reducing headcount by 170 roles. The Electrical Systems segment is expected to see revenue growth in 2026, while the agriculture equipment market is projected to recover post-2025.