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“Solid results in the midst of challenging market conditions” – Titan International’s Q1 2024

Author: Stephen Goodchild Comments: 0
Results for Q1 2024 include approximately one month of results following the acquisition of Carlstar Group (Photo: Stephen Goodchild / Tyre Industry Publications Ltd)

Titan International, Inc. has reported financial results for the quarter ending 31 March 2024. Results for Q1 2024 include approximately one month of results from the 29 February 2024 acquisition of Carlstar Group LLC. Net sales decreased 12.1% year-on-year, to US$482.209 million, and net income attributable to Titan and applicable to common shareholders was down 71.1%, to $9.201 million.

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