secwatch.observer — SEC 8-K summary
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Issuer:     Garrett Motion Inc. (GTX)
CIK:        0001735707
Form:       8-K
Filed at:   2023-02-14T23:59:59+00:00
Accession:  0001735707-23-000016
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1735707/000173570723000016/0001735707-23-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1735707/000173570723000016/gtx-20230214.htm
  HTML page:      https://secwatch.observer/filing/0001735707-23-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer