Did you analyze how Adient (ADNT) fared in its international operations for the quarter ending March 2024? Given the widespread global presence of this automotive seating and interiors supplier, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities. The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth path. It ha ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-37757 Adient plc (exact name of Registrant as specified in its charter) Ireland 98-1328821 (State or other jurisdicti ...

FY2024 Second Quarter Earnings Call May 3, 2024 ...

Exhibit 99.1 Appendix Page 1 Adient plc Condensed Consolidated Statements of Income (Loss) (Unaudited) Three Months Ended March 31, (in millions, except per share data) 2024 2023 Net sales $ 3,750 $ 3,912 Cost of sales 3,520 3,662 Gross profit 230 250 Selling, general and administrative expenses 115 141 Restructuring and impairment costs 125 17 Equity income 18 4 Earnings before interest and income taxes 8 96 Net financing charges 47 59 Other pension expense 2 2 Income (loss) before income taxes (41) 35 Inc ...

PLYMOUTH, Mich., May 3, 2024 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced its second quarter 2024 financial results. Q2 GAAP net income and EPS diluted of $(70)M and $(0.77), respectively; Q2 Adj.-EPS diluted of $0.54 Q2 Adj.-EBITDA of $227M, up $12M y-o-y, with Adj.-EBITDA margin of 6.1%, a 60 bps improvement vs. prior year Gross debt and net debt totaled ~$2.5B and ~$1.6B, respectively, at March 31, 2024; cash and cash equivalents of $905M at March 31, 2024 T ...

Adient (NYSE:ADNT) layoffs are a hot topic on Monday after the seating systems company announced plans to cut jobs overseas. The exact number of jobs being cut is still unknown but the company is looking to move some positions out of Europe. It instead wants to shift these jobs to countries with lower labor costs to reduce its expenses. Adient also hasn’t said what countries it will be moving these jobs to. What we do know is this decision comes after it posted Q1 results with lackluster sales. This has the ...

财务表现 - Adient (ADNT)在2024财年第一季度实现了每股调整后盈利31美分，低于去年同期的34美分，也低于Zacks Consensus Estimate的47美分[1] - 美洲部门的营收为16.5亿美元，较去年同期下降4%，但超过了Zacks Consensus Estimate的16.4亿美元[3] - EMEA部门在财年第一季度实现了12.7亿美元的营收，同比增长7.6%，超过了Zacks Consensus Estimate的12.5亿美元[4] - 亚洲部门的营收为7.7亿美元，同比下降6.2%，未达到Zacks Consensus Estimate的8.44亿美元[5] - Adient截至2023年12月31日拥有9.9亿美元的现金及现金等价物，长期债务为24.03亿美元[6] - 资本支出在2024财年第一季度为5500万美元，较去年同期的6100万美元有所下降[7] - Adient修订了2024财年的指导，预计营收为154-155亿美元，调整后EBITDA预计为9.85亿美元，自由现金流预计为3亿美元[8] 公司排名 - ADNT目前持有Zacks Rank 3（持有）[9] - 在汽车领域，一些排名较好的公司包括Modine Manufacturing Company（MOD）、NIO Inc.（NIO）和Oshkosh Corporation（OSK）[10]

PLYMOUTH, Mich., Feb. 8, 2024 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, will participate at the Wolfe Research Global Auto and Auto Tech Conference on Thursday, Feb. 15, 2024. Adient's Executive Vice President and CFO Mark Oswald and Executive Vice President Americas Jim Conklin will be participating in a fireside chat at 8:20 a.m. Eastern time. A live webcast of the fireside chat will be available on the investor section of the Adient website (https://investors.adient.com/ ...

公司业务概况 - Adient是全球汽车座椅供应行业的领军企业，拥有与全球最大汽车原始设备制造商的关系[90] - Adient在乘用车、商用车和轻型卡车等车辆的座椅系统和零部件方面提供全方位的设计、制造和营销服务[91] 财务表现 - 2023财年第一季度，Adient的净销售额为36.6亿美元，同比下降1.1%[95] - 2023财年第一季度，Adient的毛利为2.46亿美元，占净销售额的6.7%[96] - 2023财年第一季度，Adient的净利润为2千万美元，同比增长67%[98] - 2023财年第一季度，全球轻型车辆生产量同比增长9.8%，达到23.9百万辆[95] - 2023财年第一季度，Adient的销售、一般和管理费用为1.47亿美元，占销售额的4.0%[102] - 2023财年第一季度，Adient的重组和减值成本为1.1亿美元，同比增长57%[103] - 2023财年第一季度，Adient的净融资费用为4.4亿美元，同比增长7%[105] - 非控股权益所得增加至25百万美元，同比增长19%[108] - Adient的净利润增至20百万美元，同比增长67%[109] - Adient的综合收入增至158百万美元，同比增长24%[111] 地区业绩表现 - Adient的美洲、欧洲、中亚三大报告部门在2023年12月的净销售额分别为1647百万美元、1268百万美元和770百万美元[115] - 美洲部门2024财年第一季度净销售额下降4%，调整后的EBITDA增长16%[120] - 欧洲部门2024财年第一季度净销售额增长7%，调整后的EBITDA增长61%[122] - 亚洲部门2024财年第一季度净销售额下降6%，调整后的EBITDA下降17%[124] 资金运作及财务状况 - 公司总净收益为9.88亿美元，用于偿还3.5%到期2024年的无担保债券[132] - 公司持有的4.875%到期2026年的美元无担保债券总额为7.95亿美元[133] - 公司在2023财年回购了3.5%到期2024年的无担保债券，回购金额为7.43亿美元[134] - 经营活动提供的现金为41百万美元，投资活动使用的现金为44百万美元，融资活动使用的现金为1.55亿美元[135] - 资本支出为5.5百万美元，主要是由于产品推出计划的时间安排[138] 公司战略举措 - 公司在2024财年第一季度承诺了1,100万美元的重组计划，主要涉及EMEA和美洲的人员减少[140] - 公司计划裁员约13,000名员工，关闭了26家工厂[141] - 公司在2022年11月董事会授权回购公司普通股，总金额为6亿美元，截至2023年12月31日，剩余授权回购金额为4.35亿美元[143] - 公司参与供应链融资计划，截至2023年12月31日，已融资8,500万美元[145] 风险及展望 - 公司表示通货膨胀对其运营结果影响不大，但汽车行业的价格波动可能会导致成本增加[146]

Adient (ADNT) reported $3.66 billion in revenue for the quarter ended December 2023, representing a year- over-year decline of 1.1%. EPS of $0.31 for the same period compares to $0.34 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $3.72 billion, representing a surprise of -1.50%. The company delivered an EPS surprise of -34.04%, with the consensus EPS estimate being $0.47. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...