2025 Annual Report
A record year of disciplined growth, expanding margins and continued investment in electrified powertrain technologies.
Letter to Shareholders
Tesma International delivered a strong 2025 — record full-year sales of $41.2 billion, adjusted EBIT of $3.6 billion and free cash flow of $1.9 billion. We returned $1.1 billion to shareholders through dividends and share repurchases while continuing to invest in next-generation powertrain programs.
Financial Highlights
- Sales: $41.2B (+6% YoY)
- Adjusted EBIT: $3.6B (8.7% margin)
- Free Cash Flow: $1.9B
- Capital returned: $1.1B
Operational Review
We launched 38 new programs across engine, transmission and fueling systems. New facilities came online in Mexico, Slovakia and China, expanding our footprint to 327 plants across 28 countries.
Sustainability
Scope 1 and 2 emissions intensity declined 14% versus our 2021 baseline. European operations now run on 92% renewable electricity.
2026 Outlook
We expect mid-single-digit organic sales growth and continued margin expansion driven by launch cadence and operational discipline.
