J.P. Morgan 2016 Auto Conference
Adient Financial Overview
> Financial profile
- $18bn LTM consolidated net sales (includes $1.1bn
interior revenue)
> Consolidated seating
- ~200 bps margin improvement expected in mid-term
- Lower SG&A
- Improved performance in metals business.
Wind down of remaining interiors business
Key Metrics
Net Leverage 2
Cash on Balance Sheet
Tax Rate
Expected Range
~2.0x
~$700mm
-
Strong cash generation
> China
- Continued unconsolidated top-line growth
ā
Increasing equity income
1
Increasing cash dividends
Capital Expenditures
Irish Domicile
-10-12%
Higher to Support
Growth Initiatives
In-line with Auto
Dividends
Supplier Peers
1. On July 2, 2015, Adient completed its global automotive interiors joint venture with Yangfeng Automotive Trim Systems and deconsolidated the contributed interiors business since that date. The automotive interiors business generated Net
Sales of $1,147mm in the three months ended June 30, 2015.
2. Refer to appendix for management's rationale for using these metrics and reconciliation to US GAAP.
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