BURSCHEID, Germany, Dec. 2, 2024 /PRNewswire/ -- Adient, Jaguar Land Rover (JLR) and Dow have worked together to produce seat foam for the luxury car manufacturer's vehicles using closed-loop recycled components. This represents an industry-first in the automotive sector, heading towards a circular economy and a lower CO2 footprint for cars as the end product.
Adient plc's FY2024 results showed a -5% YoY revenue decline, with challenges in the Americas and EMEA regions but growth in Asia, especially China. The FY2025 outlook predicts continued revenue decline, with strategic restructuring in Europe and growth initiatives in China to counterbalance market headwinds. Despite a tough competitive environment, ADNT maintains margin stability and trades at...
Adient's Q4 FY 2024 EPS jumped by +33.3% YoY and beat the consensus forecast by +29.2%, thanks to good expense management. ADNT's midterm revenue growth outlook is positive, considering the target of raising the Mainland China business' sales contribution from domestic OEMs to 60% in FY 2027. The company should benefit from higher margins with the gradual exit from the less profitable metals bu...
Adient plc (NYSE:ADNT ) Q4 2024 Earnings Conference Call November 8, 2024 8:30 AM ET Company Participants Michael Heifler - Vice President, Investor Relations and Strategy Jerome Dorlack - President and Chief Executive Officer Mark Oswald - Executive Vice President and Chief Financial Officer Conference Call Participants John Murphy - Bank of America Colin Langan - Wells Fargo Joe Spak - UBS Em...
PLYMOUTH, Mich. , Nov. 8, 2024 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced its fourth quarter 2024 financial results.
PLYMOUTH, Mich. , Nov. 6, 2024 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced that it has entered into a joint development agreement (JDA) with machine integrator and automation company Paslin.
PLYMOUTH, Mich. , Oct. 10, 2024 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, will host a conference call on Nov. 8, 2024 at 8:30 a.m.
NEW YORK , Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance.
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