Slide 1: Visteon Q2 2025 Earnings
Visteon Q2 2025 Earnings July 24, 2025
Slide 2: Q2 2025 in Review
Q2 2025 in Review Another quarter of strong financial results and progress towards our long-term goals Net Sales Adjusted EBITDA Adjusted FCF $969 Million $134 Million $67 Million (1%) Growth-over-Market* 13.8% Margin $361 Million Net Cash Reinstating and raising full-year financial guidance and ini
Slide 3: Q2 2025 Sales Performance
Q2 2025 Sales Performance Growth in cockpit electronics partially offsetting declines in BMS and China Q2 Y/Y Sales by Region Regional Highlights (Dollars in millions) Q2 2024 Americas Q2 2025 Strong cockpit electronics growth partially offsetting declines in BMS and driving GoM of (4%). $364 $330 $
Slide 4: Q2 2025 New Business Wins
Q2 2025 New Business Wins Strong start to the year driven by displays and clusters YTD New Business Wins New Business Win Highlights $3.9B OLED Display 6% Electrification & Other Pillar-to-pillar display for new EV/hybrid $3.1B 12% SmartCore & Infotainment platform for luxury German OEM 29% Clusters
Slide 5: Q2 2025 New Product Launches
Q2 2025 New Product Launches New product launches driven by digitalization and adjacent end markets Key Q2 2025 Model Launches Audi Q3 Two-Wheeler Electric Vehicle ICE, Hybrid, & EV 25” Panoramic Display Royal Enfield 350 Volvo EX30 Audi Q3 Cluster & Connected Services SmartCore Multi-Display Module
Slide 6: Strategy Progress Update
Strategy Progress Update Q2 represents another quarter of proof points supporting long-term growth strategy Strategic Pillars Focus on Fast Growing Deep Product Alignment Platform-Based Global Best-Cost Balanced Capital Tech Domains with Trends Product Development Product Delivery Allocation ✓ Launc
Slide 7: Market Outlook and Full-Year Visteon Expectations
Market Outlook and Full-Year Visteon Expectations Reinstating and raising full-year 2025 guidance for all three financial metrics Industry Factors Visteon Dynamics H2 Customer Production H1 Performance Primarily based on July S&P forecast Strong Q2 and first half performance with customer production
Slide 8: Visteon Q2 2025 Financial Results
Visteon Q2 2025 Financial Results July 24, 2025
Slide 9: Q2 2025 Financial Review
Q2 2025 Financial Review Strong quarter with continued commercial and operational discipline Sales Margin Cash Flow Capital Balance Drivers Expansion Generation Allocation Sheet Net Sales Adj. EBITDA Margin Adj. FCF Acquisition Net Cash $969 Million 13.8% Margin $67 Million $50 Million $361 Million
Slide 10: Q2 2025 Sales & EBITDA Performance
Q2 2025 Sales & EBITDA Performance Delivered resilient sales performance and expanded margins by 40 bps (Dollars in millions) Key Performance Drivers Sales Adjusted EBITDA ($45) +40 bps Customer Production Volumes Global customer production volumes slightly down with reductions in Europe and America
Slide 11: Balance Sheet and Adjusted Free Cash Flow
Balance Sheet and Adjusted Free Cash Flow Strong cash generation and balance sheet enables opportunities for capital deployment H1 H1 (Dollars in millions) 2024 2025 Cash Conversion Adjusted EBITDA $238 $263 40% Conversion ratio remains strong and aligned to full-year target Trade Working Capital (6
Slide 12: Reinstating & Raising 2025 Full-Year Guidance
Reinstating & Raising 2025 Full-Year Guidance (Dollars in millions unless otherwise noted) Prior Revised Key Assumptions ▪ Full-year sales vs. original guidance benefiting from favorable FX impact and recent acquisition, partially offset $3.65B – $3.85B $3.70B – $3.85B by lower BMS sales MSD/HSD Gro
Slide 13: Balanced Capital Allocation
Balanced Capital Allocation Remain committed to driving shareholder value through balanced capital allocation priorities (Dollars in millions) Key Uses of Cash Since Investor Day* 2025 Capital Allocation Debt Organic Investments Repayment Investing $150M in CapEx to support program launches and ongo
Slide 14: Investment Thesis
Investment Thesis Visteon continues to be a compelling long-term investment opportunity Digital Cockpit Innovative Product Competitive Cost Balanced Capital Electronics Leader Portfolio Structure Allocation Digital cockpit leader for cars, Industry leader in digital clusters Optimizing spend t
Slide 15: Earnings Q&A
Earnings Q&A July 24, 2025
Slide 16: Appendix
Appendix July 24, 2025
Slide 17: Forward-Looking Statements
Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "will," "may," "designed to," "outlook," "believes," "should," "anticipates," "plans," "expects," "intends," "estimates," "forecast
Slide 18: Use of Non-GAAP Financial Information
Use of Non-GAAP Financial Information • Because not all companies use identical calculations, Adjusted Gross Margin, Adjusted SG&A, Adjusted EBITDA, Adjusted Net Income, Adjusted EPS, Free Cash Flow and Adjusted Free Cash Flow used throughout this presentation may not be comparable to other similarl
Slide 19: Reconciliation of Non-GAAP Financial Information
Reconciliation of Non-GAAP Financial Information Adjusted Gross Margin The Company defines Adjusted Gross Margin as gross margin, adjusted to eliminate the impacts of stock-based compensation expense, intangibles amortization and other non-operating costs. Adjusted SG&A The Company defines Adjusted
Slide 20: Reconciliation of Non-GAAP Financial Information (cont'd)
Reconciliation of Non-GAAP Financial Information (cont’d) Adjusted Net Income and Adjusted EPS • The Company defines Adjusted Net Income as net income / (loss) attributable to Visteon adjusted to eliminate the impact of restructuring and impairment expense, and related tax effects and other gains an
Slide 21: Reconciliation of Non-GAAP Financial Information (cont'd)
Reconciliation of Non-GAAP Financial Information (cont’d) Adjusted EBITDA The Company defines Adjusted EBITDA as net income / (loss) attributable to the Company adjusted to eliminate the impact of depreciation and amortization, restructuring and impairment expense, net interest expense, equity in ne
Slide 22: Reconciliation of Non-GAAP Financial Information (cont'd)
Reconciliation of Non-GAAP Financial Information (cont’d) Free Cash Flow and Adjusted Free Cash Flow • The Company defines Free Cash Flow as cash flow from (for) operating activities less capital expenditures. • The Company defines Adjusted Free Cash Flow as cash flow from (for) operating activities
Slide 23: Adjusted EBITDA Build-up
Reconciliation of Non-GAAP Financial Information (cont’d) Adjusted EBITDA Build-up 23
Slide 24: Net Engineering
Net Engineering 25 | Visteon 2024 2025 (Dollars in millions) a a2 a3 a4 Full Year a a2 YTD Engineering costs, net Engineering costs, gross ($83) ($81) ($80) ($90) ($334) ($80) ($88) (s168) Recoveries 23 31 33 56 143 28 36 64 Engineering costs, net (860) ($50) (847) ($34) ($191) (352) ($52) (8104) 24
Slide 25: Financial Results – U.S. GAAP
Financial Results – U.S. GAAP 25
Slide 26: Investor Relations Upcoming Activity
Investor Relations Upcoming Activity Upcoming Activity July UBS Earnings Call Back Virtual August JPMorgan Auto Conference NYC August Raymond James Conference Virtual September Visteon-hosted 101 Teach-In Virtual September Deutsche Bank: IAA Cars Conference Munich September Wolfe Detroit Bus Tour De
Slide 27: Visteon
29 | Visteon IN MOTION