Trade Adient - ADNT CFD

Adient Company profile

About Adient PLC

Adient PLC is an automotive seating supplier. The Company's seating solutions include complete seating systems, frames, mechanisms, foam, head restraints, armrests and trim covers. The Company designs, manufactures and markets a full range of seating systems and components for passenger cars, commercial vehicles and light trucks, including vans, pick-up trucks and sport/crossover utility vehicles. It operates in approximately 208 wholly and majority owned manufacturing or assembly facilities, with operations in 33 countries. The Company manages its business on a geographic basis and operates in three reportable segments: Americas, which is inclusive of North America and South America; Europe, Middle East, and Africa and Asia Pacific/China.

Financial summary

BRIEF: For the three months ended 31 December 2021, Adient PLC revenues decreased 10% to $3.48B. Net loss totaled $54M vs. income of $150M. Revenues reflect EMEA segment decrease of 23% to $1.23B, Americas segment decrease of 14% to $1.5B, United States segment decrease of 14% to $1.33B, Mexico segment decrease of 16% to $541M. Net loss reflects Equity income (loss) - Balancing value decrease of 66% to $34M (income).