Aam reports second quarter 2021 financial results

Detroit, july 30, 2021 /prnewswire/ -- american axle & manufacturing holdings, inc. (aam), (nyse: axl) today reported its financial results for the second quarter 2021. second quarter 2021 results sales of $1.28 billion net income attributable to aam of $16.0 million, or 1.2% of sales adjusted ebitda of $222.6 million, or 17.3% of sales diluted earnings per share of $0.13; adjusted earnings per share of $0.29 net cash provided by operating activities of $167.1 million; adjusted free cash flow of $136.1 million prepaid over $140 million of term loans during the quarter "aam delivered strong operating performance in the second quarter of 2021 despite industry production volatility stemming from continued supply chain challenges," said aam's chairman and chief executive officer, david c.
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