Adjusted diluted EPS was $0.54 compared to $0.66 in Q2 last year.
Adjusted EBITDA was $45.9 million or 12.2% of sales, down from 13.3% last year, impacted by higher material and labor costs and footprint realignment expenses.
Automotive Climate and Comfort Solutions revenue increased 3.8% year-over-year (2.5% ex FX), partially offsetting planned revenue decreases from strategic exits.
Available liquidity increased to $416 million, up $15 million from prior year.
Gentherm delivered results in line with expectations in Q2 2025, improving adjusted EBITDA margin by over 100 basis points versus Q1.
Medical revenue decreased 3.8% year-over-year (4.8% excluding FX).
Operating cash flow year-to-date was $32 million; net debt stood at $81 million with net leverage ratio flat at 0.5 turns.
Africa grew volume despite worsening macroeconomic conditions, driven by refined pricing and marketing strategies.
Asia Pacific volume declined but revenue and operating income grew; China volume grew despite cautious consumers.
Comparable gross margin increased ~80 basis points; operating margin increased ~190 basis points driven by productivity and timing of investments.
EMEA grew volume, revenue, and profit across all units, with successful marketing campaigns like Share a Coke.
Free cash flow was $3.9 billion, up $600 million year-over-year excluding a contingent payment.
Latin America volume declined but organic revenue and profit grew, with strong Coca-Cola Zero Sugar volume in Brazil and Mexico.
Net debt leverage was 2x EBITDA, at the low end of target range.
North America saw sequential volume improvement but overall decline due to socioeconomic pressures; premium stills brands growth moderated.
Organic revenue grew 5% with robust margin expansion, leading to 4% comparable EPS growth despite currency headwinds and a higher effective tax rate.
Volume declined 1% in Q2 2025 due to difficult prior year comparisons and adverse weather, but two-year volume trends were stable in April and May before decelerating in June.
Dafinchi