Business
Adient reports strong second quarter operating results
Adient (NYSE: ADNT), a global leader in automotive seating, today announced its second quarter 2025 financial results.
About this update from Adient Plc
[{"type":"text","content":"PLYMOUTH, Mich., May 7, 2025 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced its second quarter 2025 financial results.","length":168,"tagName":"p"},{"type":"image","alt":"Adient logo (PRNewsfoto/Adient)","displaySize":"","headline":null,"caption":"Adient logo (PRNewsfoto/Adient)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":206,"url":"https://media.zenfs.com/en/prnewswire.com/edb0bf7ae6513e980c9b6b43b8861a23"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/K1MgGcFjDITghCjSI24_jQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM2MztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/edb0bf7ae6513e980c9b6b43b8861a23","width":400,"height":206}},"href":"https://mma.prnewswire.com/media/433497/Adient_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"list","items":[{"val":[{"type":"text","content":"Q2 GAAP net loss and EPS diluted of $(335)M and $(3.99), respectively, including a non-cash goodwill impairment of $333M; Q2 Adj.-EPS diluted of $0.69","length":155,"tagName":"p"}]},{"val":[{"type":"text","content":"Q2 Adj.-EBITDA of $233M – a y-o-y improvement despite revenue headwinds","length":76,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross debt and net debt totaled ~$2.4B and ~$1.6B, respectively, at March 31, 2025; cash and cash equivalents of $754M at March 31, 2025","length":136,"tagName":"p"}]},{"val":[{"type":"text","content":"The company successfully refinanced $795M of senior unsecured notes due 2026 during the quarter, extending its average maturity profile from 4.0 years to 6.1 years with no near-term maturities","length":197,"tagName":"p"}]},{"val":[{"type":"text","content":"The company maintains FY25 revenue and Adj. EBITDA outlook with H1 positive momentum expected to carry forward into H2, excluding potential tariff-related volume impacts","length":174,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":738,"olType":false},{"type":"text","content":"For complete details and to see reconciliations of non-GAAP measures to their most directly comparable GAAP measures, visit the events section of the Adient investor website at https://investors.adient.com/events-and-presentations/events to download the full press release and earnings presentation.","length":304,"tagName":"p"},{"type":"text","co...