Strong Free Cash Flow
Adient delivered a free cash flow of $134 million in Q4 and $204 million for the full year, surpassing the high end of their guidance range of $170 million.
Successful New Business Wins
Adient won $1.2 billion of new business in China, with nearly 70% of those wins with domestic China OEMs. They also secured replacement and conquest business on major platforms like the Ford F-150.
Operational Performance and Efficiency
Operational performance delivered over $100 million of business performance this year, excluding the net impact of tariffs. Adient is also investing in AI and automation, expecting $40 million in savings.
Amendment and Extension of ABL Revolver
Adient extended the maturity of their ABL revolver from 2027 to 2030 and reduced the revolver by $250 million, optimizing cash needs and reducing interest expense.