FY 2017 Second Quarter Earnings Call
Looking forward: FY2017 guidance
Updated Guidance
Memo:
Prior guidance
Revenue
$16.15 $16.25 billion
$16.8 - $17.0 billion
ADJ. EBIT
$1.24 - $1.26 billion
$1.15 $1.20 billion
Depreciation &
Amortization
$375 million
$400 million
Interest Expense
$140 million
$145 million
Effective Tax Rate
14% - 15%
10% - 12%
ADJ. Net Income
$875 $900 million
$850 $900 million
Capital Expenditures
$575 $600 million
$545 - $575 million
Free Cash Flow
~$400 million
$250 million
Reconciliations of non-GAAP measures related to FY2017 guidance have not been provided due to the unreasonable efforts it would take to provide such reconciliations
Q2 2017 Earnings / April 2017
14
Adient - Improving the experience of a world in motion
ADIENT
Negatively impacted by foreign
exchange, and near-term production
adjustments
Strong operating performance driving
higher earnings despite lower sales
Increase in free cash flow driven by
timing of cash restructuring and
becoming Adient costs, solid operating
performance (including working capital
management) and slightly higher equity
dividendsView entire presentation