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Horizon Global

Horizon Global is the #1 designer, manufacturer and distributor of a wide variety of high quality, custom-engineered towing, trailering, cargo management and other related accessory products in North America, Australia and Europe. The Company serves OEMs, retailers, dealer networks and the end consumer as the category leader in the automotive, leisure and agricultural market segments. Horizon provides its customers with outstanding products and services that reflect the Company's commitment to market leadership, innovation and operational excellence. The Company’s mission is to utilize forward-thinking technology to develop and deliver best-in-class products for our customers, engage with our employees and realize value creation for our shareholders.

Horizon Global is home to some of the world’s most recognized brands in the towing and trailering industry, including: Reese, Draw-Tite, Westfalia, Hayman-Reese, Bulldog, Tekonsha, Fulton and Rola. Horizon Global has approximately 4,700 employees, 67 facilities, and 21 countries

Spotlight News

Horizon Global Q1 Earning Release
Horizon Global welcomed six new independent directors to its Board in April 2019. At the first meeting of the Board of Directors, the Board took action to accelerate its already planned declassification, so all directors would stand for election annually, and also voted to change its general director compensation to all equity, both moves intended to better align with the interests of Horizon Global shareholders.
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Latest News

06/07/2019
Horizon Global Initiates Process to Explore Sale of Its Asia-Pacific Segment
Dateline City:
TROY, Mich.

Company Considering Various Alternatives to Reduce Debt

TROY, Mich.--(BUSINESS WIRE)--Horizon Global Corporation (NYSE: HZN), the world’s leading manufacturer of branded towing and trailering equipment, announced today that the Company has initiated a formal process to explore the sale of its Asia-Pacific (“APAC”) business segment, with Jefferies engaged to run the process.

Language:
English
Contact:

Christi Cowdin
Director, Corporate Communications & Investor Relations
(248) 593-8810
ccowdin@horizonglobal.com

Ticker Slug:
Ticker:
HZN
Exchange:
NYSE

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06/06/2019
Horizon Global Names Jamie G. Pierson as Chief Financial Officer
Dateline City:
TROY, Mich.

TROY, Mich.--(BUSINESS WIRE)--Horizon Global Corporation (NYSE: HZN), one of the world’s leading manufacturers of branded towing and trailering equipment, today announced it has named Jamie G. Pierson as Chief Financial Officer, effective Monday, June 10, 2019. Pierson will have responsibility for the Company’s global finance function, including financial reporting, tax, treasury, and financial planning and analysis.

Language:
English
Contact:

Christi Cowdin
Director, Corporate Communications & Investor Relations
(248) 593-8810
ccowdin@horizonglobal.com

Ticker Slug:
Ticker:
HZN
Exchange:
NYSE

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05/09/2019
Horizon Global Reports Financial Results for First Quarter 2019
Dateline City:
TROY, Mich.

Business Update

  • Business improvement initiatives drive better consolidated operating results
  • Horizon Americas fully stocked for peak U.S. selling season despite slower start to year due to late spring
  • Net sales of $209.7 million, down 3.3 percent
    • Net sales increased 1.3 percent in constant currency(1)
  • Operating loss of $8.0 million, or 3.8 percent of sales; an improvement of $45.3 million
    • Adjusted operating loss(2) of $1.8 million, or 0.9 percent of sales; an improvement of $1.1 million

TROY, Mich.--(BUSINESS WIRE)--Horizon Global Corporation (NYSE: HZN), one of the world’s leading manufacturers of branded towing and trailering equipment, today reported financial results for the first quarter of 2019. The Company also provided an update on operating improvement initiatives underway in its Europe-Africa segment.

Language:
English
Contact:

Christi Cowdin
Director, Corporate Communications & Investor Relations
(248) 593-8810
ccowdin@horizonglobal.com

Ticker Slug:
Ticker:
HZN
Exchange:
NYSE

read more



04/25/2019
Horizon Global Announces Date for First Quarter 2019 Results Conference Call
Dateline City:
TROY, Mich.

TROY, Mich.--(BUSINESS WIRE)--Horizon Global (NYSE: HZN) announced today that it will host a conference call regarding the Company’s first quarter 2019 results on Thursday, May 9, 2019, at 8:30 a.m. Eastern Time. The conference call will be hosted by Horizon Global President and Chief Executive Officer Carl Bizon. Participants on the call are asked to register five to ten minutes prior to the scheduled start time by dialing (844) 711-8052 and from outside the U.S. at (832) 900-4641.

Language:
English
Contact:

Christi Cowdin
Director, Corporate Communications & Investor Relations
(248) 593-8810
ccowdin@horizonglobal.com

Ticker Slug:
Ticker:
HZN
Exchange:
NYSE

read more