Monday, November 25, 2013 2:35:34 PM
"The revenue goal for 2014 is set at $2.4 to $2.7 billion US dollars (vs $2.3 bln Capital IQ Consensus Estimate), assuming no further acquisitions. EBITDA goals are $240 million to $270 million. These figures presume pricing and material costs remain flat in 2014. In 2013, Titan saw pricing drop due to material decreases across all products. Titan forecasts maintenance Cap Ex to be approximately $70 million in 2014. All managers' bonuses will be based on reaching the above goals. Incentives are in place to improve the bottom line. "There are currently four acquisitions for which Titan is performing due diligence. If we complete these acquisitions, the maximum additional revenue would be approximately $500 million.
Recent TWI News
- Titan International, Inc. Reports First Quarter Financial Performance • PR Newswire (US) • 05/01/2024 08:15:00 PM
- Titan International, Inc. to Announce First Quarter 2024 Financial Results on May 1 • PR Newswire (US) • 04/10/2024 08:15:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:23:11 PM
- Form SC 13D - General statement of acquisition of beneficial ownership • Edgar (US Regulatory) • 03/07/2024 09:15:13 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/29/2024 01:57:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 12:22:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 11:04:56 AM
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- Titan International, Inc. Acquires Carlstar Group LLC • PR Newswire (US) • 02/29/2024 11:00:00 AM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 02/28/2024 09:41:44 PM
- Titan International, Inc. to Issue Fourth Quarter 2023 Financial Results on February 29, 2024; Earnings Call Remains Unchanged • PR Newswire (US) • 02/28/2024 09:15:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/13/2024 02:48:29 PM
- Titan International, Inc. to Announce Fourth Quarter 2023 Financial Results on February 28 • PR Newswire (US) • 02/01/2024 09:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/16/2023 09:55:49 PM
- TITAN INTERNATIONAL, INC. TO PARTICIPATE IN NOVEMBER INVESTOR CONFERENCES • PR Newswire (US) • 11/14/2023 09:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/01/2023 08:34:43 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/01/2023 08:26:30 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/18/2023 08:56:45 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/05/2023 08:36:35 PM
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