Adient Plc · NYSE:ADNT
Adient — J.P. Morgan Auto Conference 2022
5 slides from Adient's conference presentation, Aug 10, 2022
Slide 1: J. P. Morgan Auto Conference
J. P. Morgan Auto Conference August 2022 Adient – PUBLIC
Slide 2: Important Information
Important Information Adient has made statements in this document that are forward-looking and, therefore, are subject to risks and uncertainties. All statements in this document other than statements of historical fact are statements that are, or could be, deemed “forward- looking statements” withi
Slide 3: Executive summary
Executive summary 1. Driving forward with focus ˃ Successfully executing Adient’s “back-to-basics” strategy ˃ Strengthening our leading position with new business wins, including significant EV platform wins ˃ Quickly becoming supplier of choice with our customers ˃ Increasing the company’s commitme
Slide 4: Well positioned entering FY2023
Well positioned entering FY2023 It appears one of two scenarios is likely to play out in FY23 *… > Adient operations performing Scenario 2 well outside of temporary Scenario 1 o Relatively flat y-o-y production (shift o Global vehicle production exceeds FY22, from supply constrained to demand operat
Slide 5: Capital allocation priorities
Capital allocation priorities Adient’s capital allocation plan has prioritized deleveraging and will continue to do so until the company reaches its target leverage threshold (~1.5x - 2.0x net debt / adj.-EBITDA). ˃ Opportunity to reach the target threshold within the planning horizon, depending on