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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

12/12/2019
Horizon Global Board of Directors Appoints Richard J. Jok as Interim Chief Financial Officer and Matthew J. Meyer as Chief Accounting 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, announced today that its Board of Directors appointed Richard J. Jok as interim Chief Financial Officer and Matthew J. Meyer as Chief Accounting Officer. Both appointments are effective December 13, 2019.

Language:
English
Contact:

CONTACT:
Jeff Tryka, CFA
Investor Relations
(616) 295-2509
jtryka@horizonglobal.com

Ticker Slug:
Ticker:
HZN
Exchange:
NYSE

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12/09/2019
Horizon Global Board of Directors Appoints James Sistek as Chief Administrative 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, announced today that the Company's Board of Directors appointed James Sistek as Chief Administrative Officer.

Language:
English
Contact:

CONTACT:
Jeff Tryka, CFA
Investor Relations
(616) 295-2509
jtryka@horizonglobal.com

Ticker Slug:
Ticker:
HZN
Exchange:
NYSE

read more



11/12/2019
Horizon Global Board of Directors Appoints Matthew Pollick as Chief Operating 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, announced today that the Company's Board of Directors appointed Matthew Pollick as Chief Operating Officer.

Language:
English
Contact:

Jeff Tryka, CFA
Investor Relations
(616) 295-2509
jtryka@horizonglobal.com

Ticker Slug:
Ticker:
HZN
Exchange:
NYSE

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11/12/2019
Horizon Global Reports Financial Results for Third Quarter 2019
Dateline City:
TROY, Mich.

Sells Asia-Pacific Business Segment; De-levers by Over $180 Million and Bolsters Liquidity

  • Net sales decreased $16.2 million, or 8.3%, to $177.9 million from prior-year comparable period, primarily attributable to lower net sales in Horizon Americas
  • Operating loss of $12.8 million, or 7.2% of net sales; improvement of $17.1 million over prior-year comparable period, primarily due to a $26.6 million goodwill impairment charge recorded in third quarter 2018
  • Net loss from continuing operations of $37.5 million; down $0.4 million from prior-year comparable period
  • Adjusted EBITDA(2) decreased $12.9 million to $(3.1) million from prior-year comparable period due to lower net sales and reduced gross margin in Horizon Americas

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 third quarter of 2019.

Language:
English
Contact:

Jeff Tryka, CFA
Investor Relations, Lambert & Co.
(616) 295-2509
jtryka@horizonglobal.com

Ticker Slug:
Ticker:
HZN
Exchange:
NYSE

read more