Garrett Motion (US:GTX)2025-10-23 12:30Financial Performance - Net Sales reached $902 million, a 9% increase compared to Q3 2024, or 6% at constant currency[5, 9, 21] - Adjusted EBIT was $133 million with a 14.7% margin, up $16 million from Q3 2024[6, 9, 24] - Adjusted Free Cash Flow was $107 million[7, 16] Business Highlights - Light vehicle gasoline sales grew by 10%, outperforming the industry due to increased market share[9] - The company repurchased $84 million of common stock in Q3, bringing the year-to-date total to $136 million[10] - The Q4 dividend was increased by $0.02 per share to $0.08 per share[10] Outlook and Strategy - The midpoint outlook for 2025 has been raised, with Net Sales projected between $3.5 billion and $3.6 billion[7, 35] - The company is targeting to return 75% of Adjusted Free Cash Flow to shareholders over time[29] - The company expects over $100 million in sales from the industrial portfolio in 2025[41]