Allison Transmission reports Q1 sales up 84% with $112M net income, boosted by Off-Highway acquisition.

Allison Transmission Holdings Inc. reported a strong first quarter with net sales of $1.406 billion, an 84% increase year-over-year, largely due to the acquisition of the Allison Off-Highway business. Net income was $112 million, representing 8% of net sales, with adjusted diluted EPS rising 6% to $2.57. The company also announced a dividend increase and stock repurchase, signaling confidence in its growth strategy. Full-year guidance was reaffirmed despite geopolitical uncertainties, expecting continued benefits from the Off-Highway acquisition and strong cash flow generation.