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DALLAS - ATI Inc. (NYSE: ATI), a global producer of high-performance materials with a market capitalization of $11.2 billion, has entered into a multi-year agreement with Airbus to supply titanium plate, sheet, and billet for the aerospace company’s increased production of aircraft. The deal elevates ATI to a leading supplier position for Airbus’s titanium needs. According to InvestingPro data, ATI’s stock is trading near its 52-week high of $79.54, reflecting strong investor confidence in the company’s growth trajectory.
The partnership, announced today, more than doubles ATI’s previous level of support to Airbus, according to ATI President and CEO Kimberly A. Fields. ATI’s investments in its titanium production capacity, including a new operation in Pageland, South Carolina, enable it to meet the growing demand from Airbus for high-purity melt and exceptional titanium products. The company’s strong financial position, with liquid assets exceeding short-term obligations and a healthy current ratio of 2.53, supports its expansion initiatives.
Fields highlighted ATI’s comprehensive production capabilities, from melting to finished products, emphasizing the company’s role as an aerospace and defense leader. She also pointed out ATI’s diversified service offerings, catering to every major original equipment manufacturer in the industry, with materials and components present on nearly every commercial aircraft in operation.
The agreement underscores Airbus’s confidence in ATI’s ability to deliver high-quality, high-performance materials on schedule. The deal is expected to foster mutual growth for both companies as they collaborate closely.
ATI, known for its expertise in materials science, serves a variety of markets, including aerospace, defense, electronics, medical, and specialty energy. The company is committed to innovation and developing materials that withstand challenging environments. With a remarkable year-to-date return of 44.39% and strong financial health metrics according to InvestingPro, ATI continues to demonstrate robust market performance. Discover 13 additional exclusive ProTips and comprehensive analysis in the Pro Research Report, available with an InvestingPro subscription.
This news release, based on a press release statement, includes forward-looking statements subject to risks, uncertainties, and other factors that could cause actual performance or achievements to differ from those projected. Factors that may influence ATI’s performance include changes in economic conditions, market demand, international trade policies, raw material availability and prices, pension plan asset values, labor disputes, equipment outages, and other extraordinary events. For detailed financial analysis and expert insights on ATI’s growth potential, visit InvestingPro, where you’ll find comprehensive valuation metrics, financial health scores, and exclusive ProTips to inform your investment decisions.
ATI’s stock is publicly traded on the New York Stock Exchange under the ticker symbol ATI.
In other recent news, ATI Inc. reported impressive first-quarter earnings that exceeded analyst expectations, leading to a significant 12% surge in its shares. The company posted adjusted earnings per share of $0.72, surpassing the consensus estimate of $0.60. Revenue for the quarter reached $1.14 billion, outperforming analysts’ projections of $1.08 billion and marking a 10% increase year-over-year. ATI’s strong performance was largely driven by its aerospace and defense segment, which accounted for 66% of Q1 sales, totaling $754 million and representing a 23% year-over-year increase. The company also provided an optimistic outlook for the year, forecasting Q2 2025 adjusted EPS of $0.67-$0.73, above the consensus of $0.67, and full-year 2025 adjusted EPS of $2.87-$3.09, surpassing analysts’ estimates of $2.86. Additionally, ATI announced plans to repurchase approximately $250 million in shares during the second quarter. These developments highlight the company’s continued strength in the aerospace and defense markets.
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