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Adient PLC (ADNT.N)

ADNT.N on New York Stock Exchange

21.86USD
12 Nov 2018
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$0.34 (+1.58%)
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Latest Key Developments (Source: Significant Developments)

Adient Announces Application To Cease To Be A Reporting Issuer In Quebec, Canada
Saturday, 30 Jun 2018 

June 29 (Reuters) - Adient PLC ::ADIENT ANNOUNCES APPLICATION TO CEASE TO BE A REPORTING ISSUER IN QUEBEC, CANADA.ADIENT PLC - IF REQUESTED DECISION IS MADE BY AUTORITÉ DES MARCHÉS FINANCIERS, CO WILL NO LONGER BE A REPORTING ISSUER IN PROVINCE OF QUÉBEC.  Full Article

Adient Says Near-Term Results "Significantly Impacted" By Seat Structures & Mechanisms
Wednesday, 17 Jan 2018 

Jan 16 (Reuters) - Adient Plc ::ADIENT PLC - DESPITE MANY SUCCESSES IN FY 2017 NEAR-TERM RESULTS ARE BEING "SIGNIFICANTLY IMPACTED" BY SEAT STRUCTURES & MECHANISMS.ADIENT PLC - "PREVIOUSLY IDENTIFIED HEADWINDS IMPACTING SS&M HAVE INTENSIFIED SINCE ADIENT’S FOURTH QUARTER EARNINGS CALL" - PRESENTATION.ADIENT - MANAGEMENT ACTING WITH URGENCY TO MITIGATE HEADWINDS; ACTIONS TAKEN TO-DATE INCLUDE CHANGES IN PERSONNEL, OVERSIGHT FOR SS&M BUSINESS.ADIENT - FIRST QUARTER FISCAL 2018 RESULTS ARE EXPECTED TO BE SIGNIFICANTLY IMPACTED BY SS&M.ADIENT - OVERALL MARGINS LIKELY TO TAKE "MODEST STEP BACKWARDS" IN FY 2018.ADIENT - IMPACT OF U.S. TAX REFORM APPEARS TO BE POSITIVE IN THE SHORT-TERM (FY 2018).ADIENT - CERTAIN STRUCTURAL CHANGES NEEDED TO OFFSET NEGATIVE INFLUENCES FROM U.S. TAX REFORM BEGINNING IN FY 2019.  Full Article

Boeing, Adient Launch New Company To Design And Build Airplane Seats
Wednesday, 17 Jan 2018 

Jan 16 (Reuters) - Adient Plc ::BOEING, ADIENT LAUNCH NEW COMPANY TO DESIGN AND BUILD AIRPLANE SEATS.BOEING - CO, ADIENT FORMED ADIENT AEROSPACE, JV THAT WILL DEVELOP, MANUFACTURE, SELL SEATING PRODUCTS TO AIRLINES & AIRCRAFT LEASING COS.BOEING - ‍ADIENT IS MAJORITY STAKEHOLDER IN NEW CO (50.01 PERCENT SHARE) & EXPECTS JOINT VENTURE TO BE INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS​.BOEING- SEATS TO BE AVAILABLE FOR INSTALLATION ON NEW AIRPLANES, AS RETROFIT CONFIGURATIONS FOR AIRCRAFT BY CO,OTHER COMMERCIAL AIRPLANE MANUFACTURERS.BOEING - ADIENT AEROSPACE'S OPERATIONAL HEADQUARTERS, TECHNOLOGY CENTER AND INITIAL PRODUCTION PLANT WILL BE LOCATED IN KAISERSLAUTERN.BOEING - JOINT VENTURE'S INITIAL CUSTOMER SERVICE CENTER WILL BE BASED IN SEATTLE, WASHINGTON.BOEING - ADIENT AEROSPACE AFTERMARKET SPARE PARTS DISTRIBUTION WILL BE PERFORMED THROUGH AVIALL, A UNIT OF BOEING.BOEING - CO, ADIENT PLC WILL HAVE REPRESENTATION ON ADIENT AEROSPACE'S BOARD OF DIRECTORS.  Full Article

Adient Q4 gaap earnings per share $3.67
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Adient Plc ::Adient's Q4 results solidify a strong FY17; positive momentum reflected in FY18 guidance.Q4 gaap earnings per share $3.67.Q4 earnings per share view $2.24 -- Thomson Reuters I/B/E/S.Adient PLC - qtrly ‍adjusted-EPS $2.34​.Adient PLC - ‍consistent with Adient's mid-term plan, increased revenue, earnings and cash flow are expected in FY18​.Adient PLC qtrly net sales $3,979 million versus $3,932 mln‍​.Adient PLC sees FY 2018 revenue, excluding impact of aircraft seating business, of $17.0 billion to $17.2 bln‍​.Adient PLC sees fy 2018 capital expenditures between $575 million and $600 million, excluding impact of aircraft seating business.Adient PLC sees FY 2018 adjusted net income between $940 million and $980 million, excluding impact of aircraft seating business.Q4 revenue view $3.85 billion -- Thomson Reuters I/B/E/S.  Full Article

Adient says ‍Blue Harbour Group LP reports 6.24 pct stake in co
Saturday, 16 Sep 2017 

Sept 16 (Reuters) - Adient PLC :‍Blue Harbour Group LP reports 6.24 percent stake in Adient PLC as of September 5, 2017 - SEC filing.  Full Article

Autoliv and Adient to collaborate
Tuesday, 12 Sep 2017 

Sept 12 (Reuters) - Adient Plc :Autoliv <<>>, ALIVsdb.ST, Adient collaborating to address vehicle seating challenges presented by designs for future car and incorporation of autonomous driving.  Full Article

Adient agrees to purchase automotive seating supplier Futuris Group
Monday, 21 Aug 2017 

Aug 21 (Reuters) - Adient Plc :Adient agrees to purchase automotive seating supplier Futuris Group.Says ‍purchase price is about $360 million​.Adient PLC- ‍Adient expects transaction to add approximately $500 million in revenue on an annual basis​.Adient PLC - ‍deal expected to be accretive to Adient's adjusted fiscal 2018 earnings per share.Says ‍purchase price of deal includes assumption of about $18 million of net debt​.  Full Article

Adient Plc says gross sales bookings ‍in FY17 expected to exceed FY16 total of $5.3 bln​
Monday, 7 Aug 2017 

Aug 7 (Reuters) - Adient Plc :Adient Plc says gross sales bookings ‍in FY17 expected to exceed FY16 total of $5.3 billion​.  Full Article

Adient reports Q3 GAAP earnings per share $2.17
Thursday, 27 Jul 2017 

July 27 (Reuters) - Adient Plc ::Adient reports solid fy 2017 q3 results; repurchases approximately 0.6m shares of its common stock.Q3 GAAP earnings per share $2.17.Q3 earnings per share view $2.50 -- Thomson Reuters I/B/E/S.Qtrly adjusted earnings per share $2.52.Adient Plc sees FY 2017 revenue of $16.15 to $16.25 billion.Qtrly net sales $4.02 billion versus $4.36 billion.Adient Plc sees FY 2017 capital expenditures between $575 and $600 million.Sees FY 2017 free cash flow of about $400 million.FY2017 revenue view $16.19 billion -- Thomson Reuters I/B/E/S.Adient Plc sees fy 2017 adjusted net income between $875 and $900 million.Q3 revenue view $4.12 billion -- Thomson Reuters I/B/E/S.  Full Article

Adient posts Q2 adj. earnings per share $2.50
Friday, 28 Apr 2017 

April 28 (Reuters) - Adient Plc :Adient delivers strong FY 2017 Q2 results; increases full year earnings expectations.Q2 GAAP earnings per share $2.04.Adient Plc - FY2017 adjusted-EBIT now expected at $1.24 - $1.26 billion.Adient Plc - approved $250 million share repurchase program.Adient Plc - qtrly adjusted earnings per share $2.50.Q2 earnings per share view $2.43, revenue view $4.29 billion -- Thomson Reuters I/B/E/S.  Full Article