Garrett Motion Reports First Quarter 2024 Financial Results First Quarter 2024 Highlights Reiterated Full Year 2024 Outlook ROLLE, Switzerland, April 25, 2024 – Garrett Motion Inc. (Nasdaq: GTX) (the "Company"), a leading differentiated automotive technology provider, today announced its financial results for the three months ended March 31, 2024. | $ millions (unless otherwise noted) | Q1 2024 | Q1 2023 | | --- | --- | --- | | Net sales | 915 | 970 | | Cost of goods sold | 743 | 781 | | Gross profit | 172 ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current ...

ROLLE, Switzerland, April 11, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX), a leading differentiated automotive technology provider, today announced it plans to issue financial results for the first quarter 2024 on Thursday, April 25, 2024, before the open of market trading. Garrett will hold a conference call the same day at 8:30 am EDT / 2:30 pm CET. To participate in the conference call, please dial +1-877-883-0383 (US) or +1-412-902-6506 (international) and use the passcode 1134891. The con ...

• Diesel growth driven by higher production primarily in Europe % change1 11% 5% (16)% (2)% 48% 3% 6 Adjusted EBITDA1 bridge: Q4 and FY 2022 – 2023 89 (79) 15.8% Adj EBITDA 20221 Volume Product Mix 38 Inflation Passthrough (30) Commodity, Transportation 61 Productivity, SG&A - net (14) R&D 0 FX $570 +$55M operating performance improvement year-over-year $635 net of Price and Energy Inflation 15.3% • Global light vehicle production growth with recovery from semiconductor and COVID-19 Q4 AND FULL YEAR 2023 FI ...

Capital expenditures and cash taxes were in line with expectations and cash interest increased to $89 million due to the issuance of our $700 million term loan B used to facilitate the normalization of our capital structure earlier in the year. We finished 2023 with a net leverage ratio under 2.2 times ahead of our expectations enduring by strong cash generation for the year, coupled with $200 million of delevering in the second half. The normalization of our capital structure, delevering and Garrett's stro ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K __________________________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_____to_____ Commission File Number 001-38636 __________________________ Garrett Motion Inc. (Exact name of registrant as specified in it ...

Garrett Motion Inc. (NASDAQ:GTX) Q3 2023 Earnings Conference Call October 24, 2023 8:00 AM ET Company Participants Eric Burge - Head of Investor Relations Olivier Rabiller - President and Chief Executive Officer Sean Deason - Senior Vice President and Chief Financial Officer Conference Call Participants Hamed Khorsand - BWS Financial Operator Hello. My name is Drew and I'll be your operator this morning. I would like to welcome everyone to the Garrett Motion Third Quarter Financial Results Conference Call. ...

October 24, 2023 ($M) $152 $57 Adjusted EBITDA Q3 2023 (41) Change in Working Capital (11) Cash Taxes (24) Capital Expenditures (21) Cash Interest 2 Other Adjusted Free Cash Flow Q3 2023 2 1 1 1 Reconciliations of Non-GAAP financial measures are included in Appendix Other • Strong liquidity position of $732M | --- | --- | --- | |---------------------------------------------|---------|---------| | | Q2 2023 | Q3 2023 | | Unrestricted Cash 1 | 478 | 162 | | Undrawn Revolver Credit Facility | 570 | 570 | | Tot ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ________________________________________________ FORM 10-Q ________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-38636 _______ ...

Operator Company Participants Thanks, Eric. And thanks everyone for joining Garrett's second quarter earnings conference call. Garrett Motion Inc. (NASDAQ:GTX) Q2 2023 Earnings Conference Call July 27, 2023 8:30 AM ET Hamed Khorsand - BWS Financial Good day. My name is Sarah and I'll be your operator this morning. I would like to welcome everyone to the Garrett Motion Second Quarter Financial Results Conference Call. This call is being recorded and a replay will be available later today. After the company's ...