Core Insights - Lear Corporation reported a strong performance in 2025, achieving $23.3 billion in revenue and $1.1 billion in core operating earnings, marking a 5% increase in fourth-quarter revenue and the fifth consecutive year of adjusted EPS growth [3][4][7] Financial Performance - The company generated $527 million in free cash flow and returned nearly $500 million to shareholders, including $325 million in share repurchases, exceeding its initial target of $250 million [2][7] - For 2026, Lear guided revenue between $23.2 billion and $24.0 billion, with core operating earnings projected at $1.03 billion to $1.2 billion, indicating about 2% growth at the midpoint [5][14] Business Development - Lear secured significant new business awards, including its largest-ever seating contract for a major U.S. truck program and multiple contracts in China, which are expected to support growth in 2026 [6][8][9] - The company reported over $1.4 billion in E-Systems business awards, its strongest performance in over a decade [9] Operational Efficiency - Lear emphasized operational execution, achieving $195 million in net operating performance, with benefits of 60 basis points in Seating and 110 basis points in E-Systems [1] - The company implemented automation and digital transformation initiatives, generating $70 million in savings in 2025 [12] Segment Performance - In the fourth quarter, Seating revenue was $4.4 billion, up 5%, while E-Systems revenue was $1.6 billion, up 3% [13][16] - For the full year, Seating adjusted operating margins were 6.4%, and E-Systems adjusted operating margins were 4.9% [13] Future Outlook - Lear's outlook for 2026 assumes a slight decline in global industry production and includes expected restructuring costs of approximately $175 million and capital spending of about $660 million [15] - The company aims to continue its focus on shareholder returns with planned share repurchases exceeding $300 million in 2026 [17]

Core Viewpoint - Adient reported its first quarter 2026 financial results, highlighting a net loss but improved adjusted earnings and guidance for the fiscal year [1][6]. Financial Performance - Q1 GAAP net loss was $22 million, with diluted EPS of $(0.28); however, adjusted EPS was $0.35 [6]. - Adjusted EBITDA for Q1 was $207 million, reflecting an $11 million year-over-year improvement, with adjusted EBITDA margins increasing from 5.6% to 5.7% [6]. - Gross debt and net debt stood at approximately $2.4 billion and $1.5 billion, respectively, as of December 31, 2025, with cash and cash equivalents of $855 million [6]. Shareholder Returns - The company returned $25 million to shareholders in Q1 FY2026 through the repurchase of approximately 1.2 million shares [6]. Future Guidance - Adient raised its FY26 guidance for revenue, adjusted EBITDA, and free cash flow to $14.6 billion, $880 million, and $125 million, respectively, supported by an improved vehicle production outlook and expectations of continued positive business performance [6]. Company Overview - Adient is a global leader in automotive seating, employing over 65,000 people across 29 countries and operating around 200 manufacturing and assembly plants worldwide [4]. - The company produces automotive seating for all major OEMs, covering the entire process from research and design to manufacturing [4].

Core Viewpoint - Adient reported its fourth quarter 2025 financial results, highlighting a mixed performance with a net income of $18 million and an adjusted EBITDA of $226 million, while also indicating challenges ahead due to lower customer production volumes and increased growth investments [6]. Financial Performance - Q4 GAAP net income was $18 million, with diluted EPS of $0.22; adjusted EPS for Q4 was $0.52 [6]. - Adjusted EBITDA for Q4 was $226 million, resulting in an adjusted EBITDA margin of 6.1% [6]. - For the full fiscal year 2025, Adient generated $204 million in free cash flow and returned $125 million to shareholders through share repurchases, representing approximately 7% of shares outstanding at the beginning of the fiscal year [6]. Debt and Cash Position - As of September 30, 2025, Adient's gross debt and net debt were approximately $2.4 billion and $1.4 billion, respectively, with cash and cash equivalents totaling $958 million [6]. Future Outlook - Looking ahead to fiscal year 2026, Adient expects improved business performance to be offset by lower customer production volumes and increased growth investments [6].

Core Viewpoint - Adient, a global leader in automotive seating, will host a conference call on November 5, 2025, to discuss its fourth quarter fiscal 2025 financial results [1]. Group 1: Company Overview - Adient operates with approximately 70,000 employees across 29 countries and has more than 200 manufacturing and assembly plants worldwide [3]. - The company specializes in producing and delivering automotive seating for all major original equipment manufacturers (OEMs), covering the entire process from research and design to engineering and manufacturing [3]. Group 2: Financial Communication - A live webcast of the upcoming conference call and presentation materials will be available on the Adient Investor Relations website [1]. - Participants can join the call by dialing specific telephone numbers provided for U.S. and international callers, with a passcode required for access [2].

Group 1 - Adient has appointed Linda Conrad as vice president of Financial Planning & Analysis (FP&A) and Investor Relations, effective August 11, 2025 [1][2] - Linda Conrad has extensive financial expertise, having previously served as vice president of Finance - Corporate at Harman International and held leadership roles at tier one automotive and manufacturing organizations [2] - Linda holds an MBA in Finance from Case Western Reserve University and a bachelor's degree in Business - Finance from the University of Denver [2] Group 2 - Adient is a global leader in automotive seating, employing approximately 70,000 people across 29 countries and operating over 200 manufacturing and assembly plants worldwide [4] - The company produces and delivers automotive seating for all major OEMs, covering the entire process from research and design to engineering and manufacturing [4]

Company Overview - Adient (NYSE: ADNT) is a global leader in automotive seating, employing over 70,000 people across 29 countries and operating more than 200 manufacturing and assembly plants worldwide [3] - The company produces and delivers automotive seating for all major original equipment manufacturers (OEMs), covering the entire process from research and design to engineering and manufacturing [3] Upcoming Events - Adient will host a conference call on August 6, 2025, at 8:30 a.m. (ET) to discuss its third quarter fiscal 2025 financial results [1] - A live webcast of the call and presentation materials will be available on the Adient Investor Relations website, with a replay accessible afterward [1] Participation Details - To participate in the conference call by telephone, dial 888-566-1827 (U.S.) or 773-799-3976 (international) 15 minutes prior to the start time, using the passcode ADIENT [2]

Core Viewpoint - Adient plc is positioned to benefit from its diverse customer base and international presence, despite facing challenges such as high restructuring costs in Europe and uncertainty regarding year-end customer recoveries [1] Group 1: Market Position and Business Wins - Adient has established a strong market position through a broad range of products and a diverse customer base, which is expected to strengthen further [2] - In fiscal 2024, Adient secured new and renewal contracts totaling approximately $1 billion in annual revenues, with around 90% of these agreements involving local OEMs, many set to launch in fiscal years 2026 and 2027 [3] Group 2: Regional Performance and Strategy - The company is gaining momentum in the EMEA region, driven by restructuring benefits and securing key programs with European customers, while also developing opportunities with China-based OEMs [4] - Adient is focusing on enhancing efficiency by phasing out lower-performing segments and launching higher-margin programs expected to positively impact results in 2026 [4] Group 3: Innovations and Automation - Adient's initiatives in automation and modularity are yielding positive results, with automation reducing labor costs and improving quality, speed, and safety [5] - The implementation of AI-powered welding inspection and partnerships for 3D sewing automation are enhancing precision and reducing labor needs, differentiating Adient in supporting China OEMs expanding internationally [5] Group 4: Challenges and Financial Outlook - Sales in China are lagging, with revenues expected to remain stable or slightly decline in fiscal 2025 due to an unfavorable production mix [6] - Adient anticipates higher European restructuring costs and has revised its free cash flow outlook to $150-$170 million from a previous estimate of $180 million [6]

Core Viewpoint - Adient reported its second quarter 2025 financial results, highlighting a significant net loss primarily due to a non-cash goodwill impairment, while maintaining its revenue and adjusted EBITDA outlook for the fiscal year [6]. Financial Performance - The company recorded a GAAP net loss of $335 million and a diluted EPS of $(3.99), which included a non-cash goodwill impairment of $333 million [6]. - Adjusted EPS for the quarter was $0.69, with an adjusted EBITDA of $233 million, showing year-over-year improvement despite revenue challenges [6]. - As of March 31, 2025, gross debt and net debt were approximately $2.4 billion and $1.6 billion, respectively, with cash and cash equivalents amounting to $754 million [6]. Debt Management - Adient successfully refinanced $795 million of senior unsecured notes due in 2026 during the quarter, extending its average maturity profile from 4.0 years to 6.1 years, eliminating near-term maturities [6]. Outlook - The company maintains its fiscal year 2025 revenue and adjusted EBITDA outlook, expecting positive momentum from the first half to carry into the second half, excluding potential impacts from tariffs [6]. Company Overview - Adient is a global leader in automotive seating, employing over 70,000 people across 29 countries and operating more than 200 manufacturing and assembly plants worldwide [4]. - The company produces automotive seating for all major OEMs, covering the entire seat-making process from research and design to engineering and manufacturing [4].

Company Overview - Adient is a global leader in automotive seating with over 70,000 employees across 29 countries [3] - The company operates more than 200 manufacturing and assembly plants worldwide [3] - Adient produces and delivers automotive seating for all major original equipment manufacturers (OEMs) [3] Upcoming Financial Event - Adient will host a conference call on May 7, 2025, at 8:30 a.m. (ET) to discuss its second quarter fiscal 2025 financial results [1] - A live webcast of the call and presentation materials will be available on the Adient Investor Relations website [1] - A replay of the conference call will also be accessible on the same site [1]