Adient (ADNT) Tops Q4 EPS by 37c

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Adient reports fourth quarter and full-year 2019 financial results; earnings and cash flow growth expected in fiscal 2020

November 7, 2019 6:55 AM EST

PLYMOUTH, Mich., Nov. 7, 2019 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced fourth quarter and full-year 2019 financial results.

Impacted by one-time, non-cash charges, Q4 GAAP net loss and EPS diluted of $(4) million and $(0.04), respectively; Q4 Adj.-EPS diluted of $0.63 Q4 Adj.-EBIT and Adj.-EBITDA of $138 million and $215 million, respectively Full-year Adj.-EBITDA of $787 million... More