Adient Q1 adjusted EPS $0.31 vs $0.34 YoY; revenue $3.66B down 1%; adj. EBITDA $216M

Adient plc

2024-Q1 EPS reported $0.21 revenue$3,660,000,000

Net income attributable to Adient $20M ($0.21 diluted EPS) vs $12M ($0.13) YoY; adjusted EPS $0.31 vs $0.34.
Segment adjusted EBITDA: Americas $80M (+16% YoY), EMEA $45M (+61%), Asia $114M (-17%).
Closed $100M share repurchase in quarter; net leverage 1.65x; free cash flow -$14M.
Revenue $3.66B vs $3.70B YoY; gross profit $246M vs $231M.
Adjusted EBITDA $216M vs $212M; margin 5.9% vs 5.7%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Adient plc reported financial results for the first quarter ended December 31, 2023.

Period: the first quarter ended December 31, 2023
Result: reported results

Exact text from the filing

On February 7, 2024, Adient plc (the “Company”) issued a news release announcing its financial results for the first quarter ended December 31, 2023.

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Adient plc filing history →

Source: SEC EDGAR

accession 0001670541-24-000028

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