secwatch.observer — SEC 8-K summary
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Issuer:     Garrett Motion Inc. (GTX)
CIK:        0001735707
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0001735707-25-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Garrett Motion Q4 net sales down 11% to $844M, adjusted EBITDA margin expands 90bps to 18.1%
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- Full-year net sales $3,475M (-11% YoY); net income $282M, net income margin 8.1%.
- Adjusted EBITDA margin improved 90bps to 17.2%; adjusted free cash flow $358M.
- Repurchased $296M of shares (13% reduction); initiated $50M annual dividend and $250M buyback for 2025.
- Secured largest turbocharger contracts for marine/backup power (SOP 2026); signed letter of intent with SinoTruk for e-powertrain.
- Expects 2025 adjusted EBITDA between $580M and $620M; adjusting to revised IFRS standard.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1735707/000173570725000011/0001735707-25-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1735707/000173570725000011/gtx-20250220.htm
  HTML page:      https://secwatch.observer/filing/0001735707-25-000011

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