earnings
confidence high
sentiment positive
materiality 0.75
Visteon Q4 net sales $786M, net income $31M; guides 2022 sales $3.15-3.35B
VISTEON CORP
2021-FY EPS reported
$1.44
revenue$2,773,000,000
- Q4 2021 net sales $786M (flat YoY, 15% growth-over-market); net income $31M ($1.09 diluted EPS).
- Adjusted EBITDA $92M (11.7% of sales) vs prior outlook; full-year adjusted EBITDA $228M on $2,773M sales.
- Won $5.1B new business in 2021; added third electrification customer for three premium brands starting 2024.
- Full-year 2022 guidance: sales $3.15-3.35B, adjusted EBITDA $295-335M, adjusted free cash flow $85-115M.
- Net cash position $102M at year end; capital expenditures $70M; adjusted free cash flow $22M.