Takeaways From BorgWarner’s Management Meeting
<p>Analysts at Deutsche Bank provided their takeaways from their meeting with the management of <a href='https://financialmodelingprep.com/financial-summary/BWA'>BorgWarner Inc. (NYSE:BWA)</a>, including CEO Fred Lissalde, CFO Kevin Nowlan, and VP of IR Patrick Nolan. </p>
<p>Management discussed near-term operating conditions and commented that while the Ukraine crisis should have a minimal direct impact on its business, it has created additional uncertainty with the supply chain and increased inflationary pressures. </p>
<p>At the same time, the analysts mentioned that the company mostly sources components, rather than commodities, and there usually is a lag of several months until input price movements make their way to its P&L. Furthermore, the company has contractual pass through with its customers for 50% of underlying raw material price increases, and is in active discussions with automakers for broader recoveries.</p>

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