Unique Fabricating, Inc. Provides Sales Guidance for Month Ended April, May and June 2020 and Second Quarter of 2020
June 25, 2020 at 07:09 am
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Unique Fabricating, Inc. provided sales guidance for June and second quarter of 2020. The company estimates that total net sales for April and May 2020 were $2.0 million and $2.8 million, respectively.
For June 2020, the company currently estimates net sales substantially higher than net sales for either April and May 2020, although substantially lower than net sales for June 2019, with a forecast slightly above $9 million. The
anticipated improvement in June net sales is driven by expected substantial increases in the company's net sales to automotive customers and to a lesser degree the company's appliance business.
For the quarter, the company expects net sales of approximately $14 million or 36% of net sales for the second quarter of 2019. Information concerning the second quarter is preliminary and may be subject to adjustment or change.
Unique Fabricating, Inc. engineers and manufactures components for customers in the transportation, appliance, medical, and consumer / off-road markets. The Companyâs solutions are comprised of multi-material foam, rubber, and plastic components and are utilized in noise, vibration and harshness (NVH) management, acoustical management, water and air sealing, decorative and other functional applications. The Company leverages manufacturing processes, including die cutting, thermoforming, compression molding, fusion molding, and reaction injection molding to manufacture a wide range of products including air management products, heating ventilating and air conditioning (HVAC), seals, engine covers, fender stuffers, air ducts, acoustical insulation, door water shields, gas tank pads, light gaskets, topper pads, mirror gaskets, glove box liners, personal protection equipment, and packaging. It serves the North American transportation market, which includes automotive and heavy-duty trucks.
UNIQUE FABRICATING, INC. 
