Atmus Filtration Technologies Inc Q1 2025 Earnings Call Transcript

Preliminary Transcript of ATMU.N earnings conference call or presentation 2-May-25 3:00pm GMT

...We have dedicated teams closely monitoring and taking actions in an environment which is fluid. We largely produce in region for region which has had the effect of reducing the impact of tariffs. This model allows us to efficiently serve our customers when and where they need us. In North America, we have manufacturing facilities in Tennessee and Wisconsin to support the United States, along with a manufacturing facility in Mexico. The majority of our products from Mexico for the US market are certified compliant or expected to be certified compliant under the USMCA trade agreement. While we have taken a regional focus, there are some products we source globally. The most substantial impact to date has been the significant tariffs implemented on China. We have acted swiftly to adjust our pricing to reflect our increased costs and minimize the tariff impact on our business. Our pricing goal is to remain margin dollar neutral and pass through the increased costs we incur to the market. We...

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