Analysts at Deutsche Bank provided their takeaways from their meeting with the management of BorgWarner Inc. (NYSE:BWA), including CEO Fred Lissalde, CFO Kevin Nowlan, and VP of IR Patrick Nolan.

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.

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.