Garrett Motion Q4 net sales up 4% to $898M; adjusted EBITDA margin 15.6%

Garrett Motion Inc.

2022-FY EPS reported $0.75 revenue$3,603,000,000

Q4 net sales $898M (+4% reported, +15% constant currency); net income $112M vs $128M YoY.
Full-year 2022 net sales $3,603M (-1% reported, +8% constant currency); net income $390M vs $495M.
Q4 adjusted EBITDA $140M (15.6% margin); full-year adjusted EBITDA $570M (15.8% margin).
Q4 operating cash flow $137M; adjusted free cash flow $132M.
Awarded three fuel cell compressor contracts and first E-Axle pre-development project with major global OEMs.

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

Garrett Motion Inc. reported the quarter and year ended December 31, 2022 results: revenue $898 million, net income $112 million.

Period: the quarter and year ended December 31, 2022
Revenue: $898 million
Net income: $112 million
Result: reported results

Exact text from the filing

reference in such a filing. --- EX-99.1 (EX-99.1) --- Garrett Motion Reports Fourth Quarter 2022 Financial Results Fourth Quarter 2022 Highlights • Reported net sales totaled $898 million, up 4% on a GAAP basis, up 15% at constant currency* • Net income totaled $112 million; Net income margin 12.5% • Adjusted EBITDA* totaled $140 million; Adjusted EBITDA margin*

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Source: SEC EDGAR

accession 0001735707-23-000016

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