Adient PLC Q1 2025 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Dan Levy - Barclays Corporate & Investment Bank - Analyst : Hi, good morning. Thank you for taking the questions. First, maybe if we could just start with a bit of a housekeeping question. Perhaps you could just give us a sense of what you were assuming now on the different end markets? I know you trimmed your outlook on China and EMEA. Are you just -- are you in line with the third-party data forecasters? And maybe you could just comment a bit more on some of the customer mix dynamics within your guidance?

Question: Dan Levy - Barclays Corporate & Investment Bank - Analyst : Got it, thank you. As a follow-up, if we could maybe double click on the business performance. And I know in the past, you've sort of laid out a few different line items. So maybe just in the first quarter, what was driving that, and I believe that was a bit more outsized in Asia. How much of this is just continuous improvement versus customer recoveries? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. JANUARY 28, 2025 / 1:00PM, ADNT.N - Q1 2025 Adient PLC Earnings Call And then what levers do you have to accelerate the business performance, if some of the macro headwinds remain challenging?

Question: Dan Levy - Barclays Corporate & Investment Bank - Analyst : Great. Thank you.

Question: Kosta Tasoulis - Wells Fargo Securities, LLC - Analyst : Well, thank you. And my second question is, I think your initial growth over market guidance in China is 6%. How is that shaping up in today's updated guidance?

Question: Kosta Tasoulis - Wells Fargo Securities, LLC - Analyst : Great. Thanks for taking my questions.