Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
Following the July tariff rate adjustments, we increased our refined products rate by mid-single digits as expected.
We've taken about 15% inflation since Liberation Day was announced on casing.
Last quarter, during the uncertainty around the impact of tariffs, the Iranian enrichment response, the broader Middle East conflicts and the potential impact of these and other forces on the world economic outlook, we discussed the plan to lay down activity.
As we look at it, I mean, the steel costs, I mean it can -- depending on the project be somewhere between 5% to 15% of total project costs.
tariffs are a real cost of doing business. And they're changing consistently
With respect to the dynamic trade environment, we remain well positioned to navigate the changing tariff landscape with our best estimates included in our outlook.
Lear Corporation recently signed a 5-year extension... including proactively managing their tariff exposure.
we have not seen any pull-ins to date due to tariffs and our diversified manufacturing footprint remains a competitive advantage.
We expect an immaterial cost impact from tariffs in 2025 based on what we know today due to our significant U.S. presence and our geographically diverse supply chain.
Adjusted EBITDA margin of 25.7% came in ahead of expectations due to higher revenue and operating leverage as well as benefiting from the timing of tariffs, which will now impact us more in the second half of the year.