secwatch.observer — SEC 8-K summary
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Issuer:     VISTEON CORP (VC)
CIK:        0001111335
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0001111335-24-000120
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Visteon Q2 sales $1.01B, record Adj EBITDA $136M; FY2024 guidance updated
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- Sales $1,014M (+3% YoY); net income $71M ($2.54 EPS); Growth-over-Market 9%.
- Record Adjusted EBITDA $136M (13.4% margin, +420 bps YoY); Adj FCF $62M in H1.
- Won $3.1B new business in H1; launched 41 products across 17 OEMs; net cash $181M.
- FY2024 guidance: sales $3.85-3.95B, Adj EBITDA $455-475M, Adj FCF $155-185M.
- Key launches: Toyota Camry digital cluster, Porsche Macan cluster, Mazda MX-30 display.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1111335/000111133524000120/0001111335-24-000120-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1111335/000111133524000120/vc-20240725.htm
  HTML page:      https://secwatch.observer/filing/0001111335-24-000120

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