FY 2017 Second Quarter Earnings Call
Highlights
> Auto Shanghai 2017
ADIENT
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Debuted the Integrated Luxury Seat combining contemporary and advanced
features and functions, offering a luxurious look and feel to high-end passengers
Showcased "Luxury by Design" concept - a wide range of production-ready
seating solutions in comfort, trim, user interface and distinctive aesthetics
> RECARO
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RECARO Automotive Seating achieved four top spots in 2017 readers' choice.
polls by various German industry publications
ADNT
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ADIENT
> Continued focus on enhancing shareholder value:
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Declared the company's first quarterly dividend of $0.275 per ordinary
share; dividend paid on April 20, 2017
ADNT's Board of Directors approved a $250 million share repurchase
program; intended to primarily offset dilution from equity based
compensation plans (other modest & opportunistic repurchases possible)
Prepaid $100 million of the $1.5 billion Term Loan during the quarter
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Q2 2017 Earnings / April 2017
Adient - Improving the experience of a world in motionView entire presentation