Dana incorporated reports 2024 adjusted ebitda growth of $40 million, including margin improvement of 60 basis points; announces $300 million annualized total cost-reduction savings

Full-year results sales of $10.3 billion, a decrease of $271 million compared to last year net loss of $57 million, compared with a net income of $38 million in 2023 adjusted net income of $136 million compared with adjusted net income of $122 million last year adjusted ebitda of $885 million, an increase of $40 million over last year adjusted ebitda margin of 8.6 percent, a 60-basis-point improvement compared with 2023 free cash flow of $70 million, an increase of $95 million over 2023 three-year new business sales backlog of $650 million 2025 guidance reflects 10 percent increase in adjusted ebitda, $155 million increase in free cash flow maumee, ohio , feb. 20, 2025 /prnewswire/ -- dana incorporated (nyse: dan) today announced financial results for the fourth quarter and full-year 2024. "our 2024 results reflect the initial improvements we've implemented to streamline our cost structure, and we anticipate even greater progress in 2025," said r.
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