Horizon Global Corporation reported preliminary earnings results for the year ended December 31, 2016. For the full year 2016, excluding the impact of Westfalia, as well as updating its guidance regarding expected synergies for the recent acquisition of Westfalia. The Company currently anticipates synergies for Westfalia in 2017 to be approximately €9 million, which is expected to help drive earnings accretion for the full year. These expected synergies exclude one-time transaction expenses, non-recurring integration costs and other acquisition-related expenses. Excluding Westfalia, the Company currently anticipates the following financial results for the year ended December 31, 2016: Net sales growth of 3.0% to 3.5% on a GAAP basis; 3.5% to 4.5% on a constant currency basis; Adjusted segment operating profit increasing 140 to 160 basis points, an increase over previous guidance of 130 to 150 basis points; Interest expense in the range of $18.7 million to $19.3 million, up slightly from previous guidance of $18.5 million to $19.0 million; and Capital expenditures in the range of 2.0% to 2.4% of sales, which compares to previous guidance of approximately 2.5% of sales.