Sector: Consumer Cyclicals | Industry: Auto, Truck & Motorcycle Parts |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 3 Dublin Landings, North Wall Quay DUBLIN D01 H104 |
Tel: | N/A |
Website: | https://www.adient.com |
IR: | See website |
Key People | ||
Jerome J. Dorlack President, Chief Executive Officer, Director | Mark A. Oswald Chief Financial Officer, Executive Vice President | Heather M. Tiltmann Executive Vice President, Chief Legal and Human Resources Officer, Corporate Secretary |
Michel Pierre Rose Berthelin Executive Vice President, EMEA | James D. Conklin Executive Vice President, Americas | James Jian Huang Executive Vice President, Asia | Gregory Scott Smith Senior Vice President, Chief Accounting Officer |
Business Overview |
Adient PLC is an automotive seating supplier company. The Company's automotive seating solutions include complete seating systems, frames, mechanisms, foam, head restraints, armrests and trim covers. The Company designs, manufactures and markets a full range of seating systems and components for passenger cars, commercial vehicles and light trucks, including vans, pick-up trucks and sport/crossover utility vehicles. The Company manages its business on a geographic basis and operates in three reportable segments: Americas, which is inclusive of North America and South America; Europe, Middle East, and Africa (EMEA), and Asia Pacific/China (Asia). The Company operates approximately 200 wholly- and majority-owned manufacturing or assembly facilities, with operations in approximately 29 countries. The Company provides production and service parts to its customers under multi-year programs. |
Financial Overview |
For the three months ended 31 December 2023, Adient PLC revenues decreased 1% to $3.66B. Net income increased 67% to $20M. Revenues reflect Americas segment decrease of 4% to $1.65B, Asia segment decrease of 6% to $770M, Other EMEA segment decrease of 25% to $769M, Other Asia segment decrease of 65% to $71M. Net income reflects Other pension expense decrease of 78% to $2M (expense), Interest income increase from $4M to $9M (income). |
Employees: | 70,000 as of Sep 30, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $4,266M as of Dec 31, 2023 |
Annual revenue (TTM): | $15,356M as of Dec 31, 2023 |
EBITDA (TTM): | $826.00M as of Dec 31, 2023 |
Net annual income (TTM): | $213.00M as of Dec 31, 2023 |
Free cash flow (TTM): | $418.00M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $1,557M as of Dec 31, 2023 |
Shares outstanding: | 91,245,859 as of Jan 16, 2024 |
Index Membership: | S&P 400 Mid Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |