Share this article

Adient has posted first-quarter net income of US$150m, while adjusted EBITDA rose US$81m to US$378m.

“Adient’s unerring focus on our improvement plan resulted in a strong start to FY21, giving us a solid path to achieving our FY21 commitments and further positioning the company for sustained, long-term success,” said Adient president and CEO, Doug Del Grosso.

The supplier added the “strong start” to the year lays a firm foundation for the company to deliver on its FY21 commitments, which include earnings and cash flow growth, as well as accelerated debt repayment.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData