Garrett Motion Reports Third Quarter 2024 Financial Results; Updates Full Year 2024 Outlook
Garrett Motion Garrett Motion (US:GTX) GlobeNewswire News Room·2024-10-24 10:55

Third Quarter 2024 Financial Highlights Net sales totaled $826 million, down 14% on a reported and constant currency* basisNet income totaled $52 million; Net income margin of 6.3%Adjusted EBITDA* totaled $144 million; Adjusted EBITDA margin* of 17.4%Net cash provided by operating activities totaled $67 millionAdjusted free cash flow* totaled $71 million Third Quarter 2024 Business Highlights Won new marine and auxiliary power awards for our largest turbocharger with start of production in 2026Entered into ...

Garrett Motion Reports Third Quarter 2024 Financial Results; Updates Full Year 2024 Outlook - Reportify