Visteon Corporation announced a third quarter 2014 net loss of US$21m ($0.46 a share) on sales of $1.97bn. Adjusted EBITDA excluding discontinued operations was $142m, compared with $126m in Q3 2014.

“We had a solid quarter and are on track to achieve our full-year 2014 financial guidance,” said president and CEO Timothy Leuliette.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Third-quarter sales of $1.97bn were up $486m year on year.

Gross margin for the third quarter was $192m, compared with $135m.

The net loss of $21m was $64m lower than the profit booked in Q3 2013.

Visteon projects 2014 sales of $7.6bn, adjusted EBITDA including discontinued operations in the range of $700m to $730m, and adjusted earnings per share in the range of $2.98 to $3.62.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now