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Horizon Global

Horizon Global is a designer, manufacturer and distributor of a wide variety of high-quality, custom-engineered towing, trailering, cargo management and other related accessory products on a global basis, serving the automotive aftermarket, retail and OE channels. Horizon provides its customers with outstanding products and services that reflect the Company's commitment to market leadership, innovation and operational excellence. Horizon is comprised of two reportable segments: Cequent Americas and Cequent APEA. With headquarters in Troy, Michigan, Horizon Global has approximately 2,700 employees at more than 20 facilities in 10 countries.

Horizon Global

Spotlight News

On June 22, 2015, Horizon Global Corporation filed a Prospectus pursuant to Rule 424(b)(3). Click here to read the prospectus.
On June 17, 2015, Horizon Global filed a pre-effective amendment No. 3 to Form S-1. Click here to read the amendment.
On June 11, 2015, Horizon Global filed a pre-effective amendment No. 2 to Form S-1. Click here to read the amendment.
On May 27, 2015, Horizon Global filed a pre-effective amendment No. 1 to Form S-1. Click here to read the amendment.
On March 31, 2015, the Registration Statement for Horizon Global Corporation, our historical Cequent businesses, was filed.
Click here to read the filing.

Horizon Global

Latest News

03/09/2017
Horizon Global Reports Financial Results for the Fourth Quarter and Full Year 2016, Highlighted by the Transformational Acquisition of Westfalia
Dateline City:
TROY, Mich.

Full-Year 2016 Highlights

  • Completed first full calendar year as an independent public company
  • Completed acquisition of Westfalia, addressing a geographic gap in global footprint
  • Operating profit margin decreased to 1.0 percent, down 240 basis points
    • Adjusted operating profit margin, excluding Westfalia(1), increased from 5.2 percent to 6.5 percent, up 130 basis points
    • Adjusted segment operating profit margin, excluding Westfalia(1), increased from 8.4 percent to 10.0 percent, up 160 basis points
  • Net sales increased from $576 million to $649 million, up 12.8 percent
    • Net sales, excluding Westfalia(1), increased from $575.5 million to $594.7 million, up 3.3 percent
    • Net sales, excluding Westfalia(1), increased 4.2 percent in constant currency(2)
  • Operating cash flow increased from $26.9 million to $35.4 million, up 31.6 percent

TROY, Mich.--(BUSINESS WIRE)--Horizon Global Corporation (NYSE: HZN), one of the world’s leading manufacturers of branded towing and trailering equipment, today reported fourth quarter and full year financial results for 2016. During the fourth quarter, the Company completed the acquisition of Westfalia, adding world class brands and products as well as design and manufacturing expertise to the Company’s position as a global leader in the towing and trailering industry.

Language:
English
Contact:

Horizon Global
Maria C. Duey, 248-593-8810
Vice President, Corporate Development & Investor Relations
mduey@horizonglobal.com

Ticker Slug:
Ticker:
HZN
Exchange:
NYSE

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03/06/2017
Horizon Global to Present at the 29th Annual Roth Conference
Dateline City:
TROY, Mich.

TROY, Mich.--(BUSINESS WIRE)--Horizon Global (NYSE: HZN), one of the world’s leading manufacturers of branded towing and trailering equipment, today announced that President and Chief Executive Officer A. Mark Zeffiro is scheduled to present at the 29th Annual Roth Industrial Conference in Dana Point, California on Tuesday, March 14, 2016 at 3:30 p.m. Pacific Time.

Language:
English
Contact:

Horizon Global
Maria C. Duey
Vice President, Corporate Development & Investor Relations
(248) 593-8810
mduey@horizonglobal.com

Ticker Slug:
Ticker:
HZN
Exchange:
NYSE

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02/23/2017
Horizon Global Announces Date for Fourth Quarter 2016 Earnings Release
Dateline City:
TROY, Mich.

TROY, Mich.--(BUSINESS WIRE)--Horizon Global (NYSE: HZN) announced today that it will host a conference call regarding fourth quarter 2016 earnings on Thursday, March 9, 2017 at 8:30 a.m. Eastern Time. The conference call will be hosted by Horizon Global President and Chief Executive Officer A. Mark Zeffiro. Participants in the call are asked to register five to ten minutes prior to the scheduled start time by dialing (844) 711-8052 and from outside the U.S. at (832) 900-4641. Please use the conference identification number 60680926.

Language:
English
Contact:

Horizon Global
Maria C. Duey
Vice President, Corporate Development & Investor Relations
(248) 593-8810
mduey@horizonglobal.com

Ticker Slug:
Ticker:
HZN
Exchange:
NYSE

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01/26/2017
Horizon Global Announces Pricing of Offerings of Common Stock and Convertible Senior Notes
Dateline City:
TROY, Mich.

TROY, Mich.--(BUSINESS WIRE)--Horizon Global Corporation (NYSE: HZN) (“Horizon Global” or the “Company”) today announced that it priced its previously announced separate registered public offerings of 4,000,000 shares of its common stock (the “Common Stock”) (or up to an aggregate of 4,600,000 shares of Common Stock if the underwriters of such offering exercise their option to purchase additional shares of Common Stock in full) (the “Common Stock Offering”) at $18.50 per share and $110.0 million aggregate principal amount of its 2.75% Convertib

Language:
English
Contact:

Horizon Global Corporation
Maria C. Duey
Vice President, Corporate Development & Investor Relations
(248) 593-8810
mduey@horizonglobal.com

Ticker Slug:
Ticker:
HZN
Exchange:
NYSE

read more