May 25, 2016 4:23 AM ET

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Company Overview of Metaldyne Performance Group Inc.

Company Overview

Metaldyne Performance Group Inc. manufactures and sells components for use in powertrain and safety-critical platforms in the United States, Europe, Asia, and internationally. The company operates through three segments: HHI, Metaldyne, and Grede. The HHI segment manufactures engineered metal-based components, including transmission components, driveline components, wheel hubs, axle ring and pinion gears, sprockets, balance shaft gears, timing drive systems, variable valve timing (VVT) components, transfer case components, and wheel bearings. The Metaldyne segment manufactures engineered metal-based powertrain products comprising connecting rods, VVT components, balance shaft systems and cra...

One Towne Square

Suite 550

Southfield, MI 48076

United States

Founded in 2010

12,000 Employees

Phone:

248-727-1800

Key Executives for Metaldyne Performance Group Inc.

Chief Executive Officer and Director
Age: 52
Total Annual Compensation: $937.1K
President and Chief Operating Officer
Age: 53
Total Annual Compensation: $750.0K
Chief Financial Officer
Age: 47
Total Annual Compensation: $600.0K
Executive Vice President of Sales
Age: 54
Total Annual Compensation: $276.7K
Compensation as of Fiscal Year 2015.

Metaldyne Performance Group Inc. Key Developments

Metaldyne Performance Group Inc. Presents at Goldman Sachs Leveraged Financial Conference 2016, May-17-2016 11:20 AM

Metaldyne Performance Group Inc. Presents at Goldman Sachs Leveraged Financial Conference 2016, May-17-2016 11:20 AM. Venue: Terranea Resort, Rancho Palos Verdes, California, United States. Speakers: George Thanopoulos, Chief Executive Officer and Director.

Metaldyne Performance Group Inc. Declares Quarterly Cash Dividend, Payable on June 21, 2016

On May 4, 2016, Metaldyne Performance Group Inc.'s Board of Directors declared a quarterly cash dividend of $0.0925 per share of common stock, payable on June 21, 2016 to stockholders of record on June 7, 2016.

Metaldyne Performance Group Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended April 3, 2016; Provides Earnings Guidance for the Fiscal Year 2016

Metaldyne Performance Group Inc. reported unaudited consolidated earnings results for the first quarter ended April 3, 2016. For the quarter, the company reported net sales of $739.5 million compared to $765.2 million a year ago. Operating income was $75.7 million compared to $72.3 million a year ago. Income before tax was $34.2 million compared to $49.9 million a year ago. Net income attributable to stockholders was $24.9 million or $0.36 per diluted share compared to $32.4 million or $0.47 per diluted share a year ago. Net cash provided by operating activities was $60.6 million compared to $52.6 million a year ago. Capital expenditures were $51.9 million compared to $60.7 million a year ago. Adjusted net income attributable to stockholders was $38.0 million or $0.55 per share compared to $29.0 million or $0.42 per share a year ago. Unadjusted EBITDA was $115.9 million compared to $133.9 million a year ago. Adjusted EBITDA was $137.7 million compared to $132.6 million a year ago. Adjusted free cash flows were $92.7 million compared to $86.5 million a year ago. The company provided earnings guidance for the fiscal year 2016. For the year, the company expects net sales between $2.75 billion and $2.95 billion; adjusted EBITDA between $500 million and $540 million; capital expenditures between $190 million and $210 million; adjusted free cash flow between $310 million and $330 million; income before tax between $131 million and $171 million; and free cash flow of $125 million.

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Recent Private Companies Transactions

Type
Date
Target
Buyback
February 25, 2016
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