American Axle & Manufacturing Holdings Inc. (AXL) 2017年年度报告「NYSE」.pdf

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1、2017ANNUAL REPORTCOMPANY PROFILE17 Countries1717 Engineering CentersMore than 90 Locations90+More than 700 Customers700+More than 25,000 Associates25K+75+More than 75 Manufacturing FacilitiesNearly$7B Pro Forma Sales$7B171Statement of income data 2017 2016 Net sales$6,226.0$3,948.0 Gross profit 1,11

2、9.1 726.1 Operating income 543.0 380.7 Net income attributable to AAM 337.1 240.7 Diluted earnings per share$3.21$3.06 Balance sheet data Cash and cash equivalents$376.8$481.2 Total assets 7,882.8 3,422.3 Long-term debt,net 3,969.3 1,400.9 Total stockholders equity 1,540.0 504.2 Statement of cash fl

3、ow data Cash provided by operating activities$647.0$407.6Cash used in investing activities (1,378.1)(227.7)FINANCIAL HIGHLIGHTS(in millions,except per share data)20172DAVID C.DAUCHChairman of the Board&Chief Executive OfficerThere is one word that can describe 2017:TRANSFORMATIONAL.We are larger,str

4、onger and more diversified.We have new customers in new markets.We advanced key products that will revolutionize the propulsion of future vehicles.And we did this all while maintaining our world-class quality,operational excellence and customer satisfaction.But we arent stopping there.We are looking

5、 forward to another year of outstanding results,further integration and significant product launches.2018 is shaping up to be our best year yet.During the last 12 months,we transformed AAM.3POWERING TRANSFORMATIONIn early April 2017,AAM completed the acquisition of Metaldyne Performance Group,Inc.(M

6、PG).This historic acquisition combined two complementary businesses into a global,premier Tier 1 automotive supplier with enhanced size,scale and financial profile.AAM now consists of four business units Driveline,Metal Forming,Powertrain and Casting and has more than 90 facilities in 17 countries w