Lear(US:LEA)2025-05-06 11:16Financial Performance - Sales decreased from $6 billion in Q1 2024 to $5.6 billion in Q1 2025[10] - Core operating earnings decreased from $280 million in Q1 2024 to $270 million in Q1 2025[10] - Adjusted earnings per share decreased from $3.18 in Q1 2024 to $3.12 in Q1 2025[10] - Operating cash flow decreased from negative $35 million in Q1 2024 to negative $128 million in Q1 2025[10] Segment Performance - Seating sales decreased from $4478 million in Q1 2024 to $4151 million in Q1 2025[27] - E-Systems sales decreased from $1517 million in Q1 2024 to $1409 million in Q1 2025[32] - Seating adjusted earnings were $294.9 million in Q1 2024 and $279.9 million in Q1 2025, with adjusted margins of 6.6% and 6.7% respectively[56] - E-Systems adjusted earnings were $77.1 million in Q1 2024 and $73.8 million in Q1 2025, with adjusted margins of 5.1% and 5.2% respectively[56] Production and Currency - Global vehicle production increased by 1% year-over-year, North America decreased by 5%, Europe and Africa decreased by 7%, and China increased by 12%[20] - The Euro decreased by 4% from $1.09/€ in Q1 2024 to $1.05/€ in Q1 2025[21]