Record Financial Performance
Visteon delivered record adjusted EBITDA of $474 million, record adjusted free cash flow of $300 million, and robust sales of $3.87 billion for 2024.
Significant New Business Wins
Visteon secured $6.1 billion of new business wins in 2024, marking the third consecutive year of achieving or exceeding $6 billion. Key wins include partnerships with Toyota, Maruti Suzuki, and Mercedes Benz.
Strong Product Portfolio and Market Alignment
Visteon's product portfolio, including SmartCore, large displays, and digital clusters, is well aligned with industry trends in digitalization and electrification, driving outperformance in various markets.
Operational Excellence and Cost Control
Adjusted EBITDA margin reached a record 12.3%, a 130 basis point improvement from last year, driven by strong operational execution and cost control.
Expansion in New Markets
Visteon made significant progress in expanding its customer base in Asia, securing new business with OEMs like Toyota and Maruti Suzuki, and entering the fast-growing electric vehicle power electronics market.