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Visteon(VC) - 2024 Q3 - Quarterly Results
VCVisteon(VC)2024-10-24 11:04

Exhibit 99.1 NEWS RELEASE Visteon Announces Third Quarter 2024 Results VAN BUREN TOWNSHIP, Mich., October 24, 2024 — Visteon Corporation (NASDAQ: VC) today reported third quarter financial results. Highlights include: 1 • Sales of 980millionwithGrowthoverMarketof6980 million with Growth-over-Market of 6% • Net income of 39 million and adjusted net income of 63millionAdjustedEBITDAof63 million • Adjusted EBITDA of 119 million • Launched 30 new products in the quarter and 71 year-to-date • New business wins of 4.9billionyeartodateNetcashof4.9 billion year-to-date • Net cash of 229 million ...