Adient Plc (ADNT) 10-Q Quarterly Report July 2017

RECENT HIGHLIGHTS ADIENT • FISCAL THIRD QUARTER 2017 EARNINGS • 1 Adient reports solid Q3 results; repurchases ~0.6M shares of its common stock > GAAP net income and EPS diluted increased to $204M and $2.17, respectively; adjusted-EPS diluted up 4% to $2.52 > Adjusted-EBIT expanded to $336M (margin of 8.4%) > Cash and cash equivalents of $669M at June 30, 2017 > Gross debt and net debt totaled $3,399M and $2,730M, respectively, at June 30, 2017 > Repurchased ~0.6M shares of common stock for approximately $40M; paid ~$26M in quarterly dividends “Adient remains focused on executing its plan, which helped drive another quarter of earnings growth, margin expansion and cash generation. We are confident in our ability to deliver our goals in 2017 and beyond.” R. Bruce McDonald, Chairman and Chief Executive Officer FY 2017 Q3 RESULTS OVERVIEW REVENUE $4,017M ADJ. EBIT $336M +3% AS REPORTED AS ADJUSTED vs. Q3 16 ADJ. EBIT MARGIN 8.4% +90 bps EBIT $296M NET INCOME attributable to Adient $204M ADJ. NET INCOME attributable to Adient $237M +4% $2.17 EPS DILUTED ADJ. EPS DILUTED $2.52 +4% Announced in fiscal Q3 Adient Yanfeng Seating Mechanism Co., Ltd. plans to open a new 90,000 square meter seating mechanism plant in Changshu, China. Prepaid $200 million of the $1.4 billion outstanding Term Loan during fiscal Q3 using proceeds from a new, lower cost Euro 165M European Investment Bank loan plus cash; no required loan amortization payments until June 2020. Returned approximately $66M to shareholders in fiscal Q3 through share repurchases and quarterly dividends. Unconsolidated seating revenue in fiscal Q3 increased to $2.2B. FY 2017 THIRD QUARTER EARNINGS Adjusted results include certain pro forma adjustments for FY16. For complete details and to see reconciliation of non-GAAP measures to their most directly comparable GAAP measures refer to the appendix. July 27, 2017

The following information was filed by Adient Plc (ADNT) on Thursday, July 27, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

Please wait while we load the requested 10-Q report or click the link below:

https://last10k.com/sec-filings/report/1670541/000167054117000059/a6302017adientform10q.htm

View differences made from one quarter to another to evaluate Adient Plc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ) — *Sample 10-K Year-over-Year (YoY) Comparison*

Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were ~~removed~~ , added and changed by Adient Plc.

Continue

Assess how Adient Plc's management team is paid from their Annual Proxy

Adient Plc's Definitive Proxy Statement (Form DEF 14A) filed after their 2017 10-K Annual Report includes:

Voting Procedures
Board Members
Executive Team
Salaries, Bonuses, Perks
Peers / Competitors

Continue

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Material Contracts, Statements, Certifications & more

Adient Plc provided additional information to their SEC Filing as exhibits

Exhibit 31.1: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 31.2: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 32.1: Section 1350 Certification

Ticker: ADNT
CIK: 1670541
Form Type: 10-Q Quarterly Report
Accession Number: 0001670541-17-000059
Submitted to the SEC: Mon Jul 31 2017 5:04:11 PM EST
Accepted by the SEC: Mon Jul 31 2017
Period: Friday, June 30, 2017
Industry: Motor Vehicle Parts And Accessories