Adient Q2 net loss widens to $70M; adjusted EBITDA rises 5.6% to $227M

Adient plc

2024-Q2 EPS reported -$0.55 revenue$7,410,000,000

Net loss attributable to Adient of $70M ($0.77 diluted loss per share) vs $15M loss a year ago.
Adjusted EBITDA $227M, up from $215M; margin improved to 6.1% from 5.5%.
Americas segment adjusted EBITDA $80M, EMEA $57M, Asia $112M (15.1% margin).
Free cash flow $12M vs $70M prior year; net debt $1.63B, net leverage 1.71x.
Repurchased $50M of shares during the quarter.

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 second quarter ended March 31, 2024.

Period: the second quarter ended March 31, 2024
Result: reported results

Exact text from the filing

On May 3, 2024, Adient plc (the “Company”) issued a news release announcing its financial results for the second quarter ended March 31, 2024.

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Source: SEC EDGAR

accession 0001670541-24-000070

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