J.P. Morgan 2016 Auto Conference slide image

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. 24
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