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Adient Plc (ADNT) SEC Filing 10-Q Quarterly report for the period ending Saturday, June 30, 2018

Adient Plc

CIK: 1670541 Ticker: ADNT
Exhibit 99.1 FY 2018 THIRD QUARTER EARNINGS Adient reports third quarter 2018 July 26, 2018 financial results >> Q3 GAAP net income and EPS diluted of $54M and $0.58, respectively; Q3 adjusted-EPS diluted of $1.45 >> Q3 Adjusted-EBIT and Adjusted-EBITDA of $206M and “We are moving forward with $319M, respectively great urgency to accelerate >> Q3 free cash flow of $252M; the launch and initial sale the pace of our operational of an accounts receivable financing facility provided an improvements.” approximate $94M benefit to free cash flow Fritz Henderson, Interim Chief Executive Officer >> Gross debt and net debt totaled $3,439M and $3,061M, respectively, at June 30, 2018 FY 2018 Q3 RESULTS OVERVIEW NET INCOME REVENUE EBIT attributable to Adient EPS DILUTED AS REPORTED $4,494M $99M $54M $0.58 vs. Q3 17 +12% -66% -73% -73% ADJ. NET INCOME ADJ. EBIT ADJ. EBITDA attributable to Adient ADJ. EPS DILUTED AS ADJUSTED $206M $319M $136M $1.45 vs. Q3 17 -38% -25% -42% -42% For non-GAAP and adjusted results, see appendix for detail and reconciliation to U.S. GAAP RECENT DEVELOPMENTS Executing plans to improve Unconsolidated Seating (incl. Adient’s aircraft seating concepts Launched a €200M accounts cash flow, including asset SS&M) revenue increased to are generating strong customer receivable financing facility sales and prioritization of $2.4B in Q3; equity income of interest, driving numerous RFIs and which provides a low-cost capital expenditures. $75M. RFQs; the joint venture with Boeing source of funds. is expected to begin operations once clearance from all anti-trust regulatory jurisdictions is secured. ADIENT / FISCAL THIRD QUARTER 2018 EARNINGS / 1


The following information was filed by Adient Plc (ADNT) on Thursday, July 26, 2018 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.

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Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information
Consolidated Statements Of Cash Flows
Consolidated Statements Of Cash Flows (Parenthetical)
Consolidated Statements Of Comprehensive Income (Loss)
Consolidated Statements Of Financial Position
Consolidated Statements Of Financial Position (Parenthetical)
Consolidated Statements Of Income (Loss)
Acquisitions And Divestitures
Acquisitions And Divestitures (Details)
Acquisitions And Divestitures - Assets Held For Sale (Details)
Basis Of Presentation And Summary Of Significant Accounting Policies
Basis Of Presentation And Summary Of Significant Accounting Policies (Details)
Basis Of Presentation And Summary Of Significant Accounting Policies (Policies)
Basis Of Presentation And Summary Of Significant Accounting Policies (Tables)
Basis Of Presentation And Summary Of Significant Accounting Policies - Earnings Per Share (Details)
Basis Of Presentation And Summary Of Significant Accounting Policies - Revisions (Details)
Basis Of Presentation And Summary Of Significant Accounting Policies - Vie (Details)
Commitments And Contingencies
Commitments And Contingencies (Details)
Debt And Financing Arrangements
Debt And Financing Arrangements (Tables)
Debt And Financing Arrangements - Debt (Details)
Debt And Financing Arrangements - Net Financing Charges (Details)
Derivative Instruments And Hedging Activities
Derivative Instruments And Hedging Activities (Details)
Derivative Instruments And Hedging Activities (Tables)
Derivative Instruments And Hedging Activities - Derivative Assets And Liabilities (Details)
Derivative Instruments And Hedging Activities - Derivative Assets And Liabilities Offsetting (Details)
Derivative Instruments And Hedging Activities - Derivatives Gains And Losses (Details)
Equity And Noncontrolling Interests
Equity And Noncontrolling Interests (Details)
Equity And Noncontrolling Interests (Tables)
Equity And Noncontrolling Interests - Changes In Aoci (Details)
Equity And Noncontrolling Interests - Redeemable Noncontrolling Interest (Details)
Fair Value Measurements
Fair Value Measurements (Tables)
Fair Value Measurements - Narrative (Details)
Fair Value Measurements - Recurring Fair Value Measurements (Details)
Goodwill And Other Intangible Assets
Goodwill And Other Intangible Assets (Tables)
Goodwill And Other Intangible Assets - Goodwill (Details)
Goodwill And Other Intangible Assets - Intangible Assets (Details)
Income Taxes
Income Taxes (Details)
Inventories
Inventories (Details)
Inventories (Tables)
Nonconsolidated Partially-Owned Affiliates
Nonconsolidated Partially-Owned Affiliates (Details)
Nonconsolidated Partially-Owned Affiliates (Tables)
Product Warranties
Product Warranties (Details)
Product Warranties (Tables)
Related Party Transactions
Related Party Transactions (Details)
Related Party Transactions (Tables)
Restructuring And Impairment Costs
Restructuring And Impairment Costs (Details)
Restructuring And Impairment Costs (Tables)
Restructuring And Impairment Costs - Changes In Reserve (Details)
Segment Information
Segment Information (Details)
Segment Information (Tables)

Material Contracts, Statements, Certifications & more

Adient Plc provided additional information to their SEC Filing as exhibits

Ticker: ADNT
CIK: 1670541
Form Type: 10-Q Quarterly Report
Accession Number: 0001670541-18-000061
Submitted to the SEC: Mon Jul 30 2018 5:18:18 PM EST
Accepted by the SEC: Mon Jul 30 2018
Period: Saturday, June 30, 2018
Industry: Motor Vehicle Parts And Accessories

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