secwatch.observer — SEC 8-K summary
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Issuer:     Adient plc (ADNT)
CIK:        0001670541
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001670541-23-000150
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Adient Q4 net income $135M ($1.42 EPS); FY revenue $15.4B, adjusted EBITDA $938M
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- Q4 net sales $3.73B (up 2% YoY); GAAP net income $135M vs $45M a year ago.
- FY2023 net sales $15.4B (up 9%); net income $205M vs loss of $120M in FY2022.
- FY adjusted EBITDA $938M (up 39% YoY); net leverage ratio improved to 1.52x from 2.42x.
- Asia segment adjusted EBITDA $113M in Q4 (15.1% margin); Americas $100M, EMEA $48M.
- FY free cash flow $415M; company repurchased $65M of shares during fiscal year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1670541/000167054123000150/0001670541-23-000150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1670541/000167054123000150/adnt-20231108.htm
  HTML page:      https://secwatch.observer/filing/0001670541-23-000150

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