• Ampco-Pittsburgh discussed first-quarter 2026 results in a May 12 conference call attended by CEO Brett McBrayer, CFO David Anderson, and Union Electric Steel President Sam Lyon.
• Adjusted EBITDA totaled USD 8 million versus USD 8.8 million a year earlier on Sweden ramp-up costs and an unfavorable mix in Forged and Cast Engineered Products, while net sales rose 3.9% to USD 108.3 million.
• Air and Liquid Processing posted record adjusted EBITDA and record customer orders; revenue rose 17% and adjusted EBITDA increased 52%, with backlog up USD 23.5 million, or 19%, as demand strengthened in power generation tied to data centers, nuclear heat exchangers, and Navy programs.
• Management quantified roughly USD 3 million of quarter-to-quarter headwinds in Forged and Cast tied to timing and mix, with large-roll orders recovering in the second quarter and improved demand expected through the rest of 2026.
• Debt reduction was flagged as a near-term priority, with an expectation of USD 8 million to USD 10 million of paydown over the balance of 2026 as the company targets positive cash flow.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ampco-Pittsburgh Corporation published the original content used to generate this news brief on May 21, 2026, and is solely responsible for the information contained therein.