secwatch.observer — SEC 8-K summary
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Issuer:     Adient plc (ADNT)
CIK:        0001670541
Form:       8-K
Filed at:   2024-05-03T23:59:59+00:00
Accession:  0001670541-24-000070
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1670541/000167054124000070/0001670541-24-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1670541/000167054124000070/adnt-20240503.htm
  HTML page:      https://secwatch.observer/filing/0001670541-24-000070

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