Skip to content

Adient reports first quarter 2019 financial results

Adient today announced first quarter earnings

Adient (NYSE: ADNT), a global leader in automotive seating, today announced first quarter earnings.

  • Q1 GAAP net loss and EPS diluted of $(17) million and $(0.18), respectively; Q1 Adjusted-EPS diluted of $0.31
  • Q1 Adjusted-EBIT and Adjusted-EBITDA of $105 million and $176 million, respectively
  • Q1 free cash flow (operating cash flow, less capital expenditures) of $(272) million
  • Gross debt and net debt totaled $3,409 million and $3,003 million, respectively, at Dec. 31, 2018

For complete details and to see reconciliations of non-GAAP measures to their most directly comparable GAAP measures, visit the events section of the Adient investor website to download the full press release and earnings presentation.

SOURCE: Adient

Welcome back , to continue browsing the site, please click here