Adient: This Is A 2025 Turnaround Story
Adient(ADNT) Seeking Alpha·2024-08-08 12:23
Makhbubakhon Ismatova/iStock via Getty Images Adient plc (NYSE:ADNT) stock is still assigned a Hold investment rating. ADNT's Q3 FY 2024 (YE September 30, 2024) results fell short of expectations due to the weakness associated with its EMEA (Europe, Middle East, and Africa) business operations. But a turnaround for Adient in FY 2025 is likely, taking into account the European automotive industry's positive outlook and the company's intention to enhance the future profitability of its business in Europe. ...