FY 2017 Second Quarter Earnings Call
Adient's Key Investment Thesis
ADIENT
MARKET POSITION
> Broadest and most complete range of seating products
Unparalleled customer diversity-market leadership in North America, Europe and China (unique and
longstanding position in China through JV structure); support all major automakers (190+ active platforms)
EARNINGS GROWTH
> Lean and improving cost structure (targeting restructuring actions in process)
Upward trend in profitability expected to continue; ~200 bps margin improvement expected over the mid-
term
CASH GENERATION
Proven record of generating substantial cash flow
> Cash generation will enable Adient to transition from a levered company to an investment grade company
while enhancing shareholder value through a competitive dividend
Cash generation will support Adient's profitable growth strategy (organic & inorganic)View entire presentation