Edition:
United States

Adient Announces Preliminary Q1 Fiscal 2019 Results


Wednesday, 16 Jan 2019 07:00am EST 

Jan 16 (Reuters) - Adient PLC ::ADIENT ANNOUNCES PRELIMINARY Q1 FISCAL 2019 RESULTS; INITIATES DISCUSSIONS TO STRENGTHEN CAPITAL STRUCTURE.SEES Q1 2019 REVENUE ABOUT $4.158 BILLION.Q1FY19 ADJUSTED EBITDA IS EXPECTED TO BE APPROXIMATELY $175M, VERSUS Q1 ADJUSTED EBITDA OF $267M IN PRIOR YEAR.EXPECTS EARNINGS TO IMPROVE IN SECOND HALF OF FY19 COMPARED WITH FIRST HALF FY19.INITIATING DISCUSSIONS WITH ITS BANK GROUP TO EVALUATE OPTIONS TO REFINANCE ITS EXISTING CREDIT FACILITIES.INITIATING DISCUSSIONS WITH ITS BANK GROUP TO EVALUATE OPTIONS TO REVIEWING VARIOUS PORTFOLIO CHANGES..Q1 REVENUE VIEW $4.15 BILLION -- REFINITIV IBES DATA. 

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17.36
0.21 +1.22%
24 May 2019