FY 2017 Second Quarter Earnings Call
EBIT & Adjusted-EBIT
> Adj-EBIT expanded to $334M, up
$36M y-o-y
- Seating up 11% y-o-y to $312M
- Interiors up 29% y-o-y to $22M
> Primary drivers:
-SG&A improvement reflecting the
benefits of restructuring actions and
lower corporate expenses
-Increase in equity income
$ in Millions
$298
6.9%
- Improved operational results
> Material economics (steel) partially
offset the overall improvements
$9
$17
$34
Q2FY16
SG&A
Equity Income
(excl. eng.)
Operational
Performance
On an adjusted basis, which includes certain pro forma adjustments for FY16; see appendix for detail and reconciliation to U.S. GAAP
Q2 2017 Earnings / April 2017
11
Adient - Improving the experience of a world in motion
($24)
FX /
Commodities
ADIENT
$334
7.9%
Q2FY17View entire presentation