PHINIA (PHIN) - 2024 Q3 - Quarterly Results

Exhibit 99.1 PHINIA REPORTS THIRD QUARTER 2024 RESULTS Auburn Hills, Michigan, October 31, 2024 – PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the third quarter ended September 30, 2024. Third Quarter Highlights: • Net sales of $839 million, a decrease of 6.4% compared with Q3 2023. ◦ Lower Fuel Systems (FS) sales in Europe and China partially offset by strong Aftermarket segment sales in Europe led to lower net sales c ...