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Superior Industries International, Inc.

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In first-quarter 2018, Superior Industries’ reported adjusted earnings of 15 cents per share, beating the Zacks Consensus Estimate. During the quarter, revenues also beat estimate. For 2018, the company provided solid outlook, reflecting stable North American light truck and vehicle production and moderate production growth in Europe. Superior Industries’ acquisition of UNIWHEELS has aided it to diversify its OEM customers and expand its presence in Europe. Also, the company undertakes different strategies to reduce costs and enhance its global competitive position. It plans to reduce costs through better operational and procurement practices.

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