FY 2017 Second Quarter Earnings Call
Highlights
> Strong Q2 results delivered earnings growth and margin expansion,
building on ADNT's positive momentum
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Adjusted-EBIT increased 12% to $334M (margin of 7.9%, up 100 bps) 1
Adjusted-EPS increased 16% to $2.50 1
Net debt of $2.6B and net leverage of 1.64x at March 31, 2017 1
> Full year expectations increased for adjusted-EBIT and FCF
ADIENT
00
00
5,000
21,500
54,144
Balance Sheet
> Announced plans to collaborate with Boeing to explore commercial
aircraft seating and interiors solutions
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The global aircraft Interiors market is profitable with attractive growth rates
Leverages our world class capabilities to grow beyond the automotive
industry
ADNT's initial focus will be on complex, high-margin business class cabin
seating
Q2 2017 Earnings / April 2017
4
Adient - Improving the experience of a world in motion
1 - For Non-GAAP and adjusted results, which include certain pro forma adjustments for FY16; see appendix for detail and reconciliation to U.S. GAAPView entire presentation