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Cooper-Standard Recaps Q2 Results, Citing Oil and Tariff Headwinds

Cooper Standard logoCooper Standard
Sig1.65Sen-1.85Env0.00Soc0.00Gov0.00

Cooper-Standard recapped second-quarter results for investors, calling the period an inflation-driven quarter. The company said higher oil prices materially affected performance, noting oil price assumptions versus a $65 plan and that each $1 per barrel moves EBITDA by about $450,000. It estimated commodities plus a tariff impact of about $18 million, alongside additional referenced effects totaling $53 million.

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