Adient’s last quarter is “rewarding”: Seating segment expected to grow in the next three years

0

2017 last quarter is “rewarding” – quoting the group’s own words – for Adient, manufacturer of car interiors, spin-off from Johnson Control Group. Revenues amount to 3,9 billion dollars, as net profits are 344 million dollars and Ebit margin is 389 million dollars. In 2018 they expect to boost their sales, profits and cashflow: according to such expectations, Seating segment is going to expand progressively. In a mid-term period, it is bound to increase by 22%, on annual basis, until 2020, thanks to growing delivery. “Our results give evidence that Adient is a stronger competitor in the market – points out president and ceo R. Bruce McDonald -. We are about to face 2018 feeling confident in our talent for success”.

Share.

Comments are closed.

Do you want to receive our newsletter?
Subscribe now