Consensus for FY25 revenue is $674.75M. CVG also lowered its FY25 adjusted EBITDA outlook to $22M-$27M from $25M-$30M. The company stated its updated outlook is “based on current market conditions” and cited “the economic environment and policy concerns.” CVG’s outlook reflects industry forecasts for 2025 North America Class 8 truck builds expected at 255K units, down from 332K units in 2024, and a projected 5-15% decline in Construction and Agriculture end markets for 2025.
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