Adient, the global leader in automotive seating, has announced its second-quarter 2024 financial results, as well as an update to its FY24 outlook. The company shared this information on May 3, 2024.
The financial report was accompanied by an invitation to interested parties to access further details and reconciliations of non-GAAP measures on the Adient investor website. Adient's president and chief executive officer, Jerome Dorlack, and executive vice president and chief financial officer, Mark Oswald, are set to host a conference call to discuss the results.
Adient, with its 70,000+ employees in 29 countries and over 200 manufacturing/assembly plants worldwide, is known for producing automotive seating for all major OEMs. The company's integrated approach to product development, from research and design to engineering and manufacturing, ensures the delivery of quality seating solutions to millions of vehicles annually.
In a cautionary statement regarding forward-looking statements, Adient highlighted the risks and uncertainties that could impact its future financial performance. The company emphasized the importance of considering these factors when evaluating its projections and disclosed financial information.
Investors were advised not to consider non-GAAP measures as alternatives to GAAP measures, as Adient's management believes they provide supplemental information for evaluating the company's operations.
The full press release and earnings presentation can be accessed on the Adient investor website for those interested in delving deeper into the financial performance and outlook of the automotive seating leader.