Adient reports fourth quarter and full-year 2024 financial results; provides full-year FY2025 outlook
ADNTAdient(ADNT) Prnewswire·2024-11-08 19:50

PLYMOUTH, Mich., Nov. 8, 2024 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced its fourth quarter 2024 financial results. Q4 GAAP net income and EPS diluted of $79M and $0.91, respectively; Q4 Adj.-EPS diluted of $0.68 Q4 Adj.-EBITDA of $235M, flat y-o-y; adj.-EBITDA margin of 6.6% up 30bps y-o-y Gross debt and net debt totaled ~$2.4B and ~$1.5B, respectively, at September 30, 2024; cash and cash equivalents of $945M at September 30, 2024 For the full FY2024, Adien ...