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Paul Reitz

Titan International Inc. posted a net loss of nearly $7.1 million on net sales of $390.6 million for the second quarter ended June 30, 2019. That compares to net income of more than $3.7 billion on sales of $428.9 million for the same period in fiscal 2018.

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Titan Earns $16.1 Million in 2018 Despite 4Q Loss

Titan International Inc. posted a net loss of $12.3 million on net sales of $363.4 million for the fourth quarter ended Dec. 31, 2018. That compares to a net loss of $30.2 million on sales of $376 million for the same period in fiscal 2017.

Titan Expects Growth to Continue in 2018

After more than four years of decline, Titan International Inc. has reported higher sales for three straight quarters, and the company predicts the good times will continue to roll in the new year.  

Titan's 2Q Net Sales Are Up 10% Year-Over-Year

Titan International Inc. reported its second consecutive quarter of year-over-year growth in net sales. For the second quarter of 2017, the company recorded net sales of $364.4 million, up 10% compared to $330.2 million in the year-ago quarter.

Titan's Union Workers Approve New Contract

United Steelworkers (USW) members working at Titan International Inc. plants in Des Moines, Iowa, Freeport, Ill. and Bryan, Ohio have ratified a new five-year contract.