Adient PLC Q2 2021 Earnings Call Transcript - Thomson StreetEvents

Adient PLC Q2 2021 Earnings Call Transcript

Adient PLC Q2 2021 Earnings Call Transcript - Thomson StreetEvents
Adient PLC Q2 2021 Earnings Call Transcript
Published May 06, 2021
15 pages (10303 words) — Published May 06, 2021
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of ADNT.N earnings conference call or presentation 6-May-21 12:30pm GMT

  
Brief Excerpt:

...Operator Welcome, and thank you for standing by. (Operator Instructions) Today's conference is being recorded. (Operator Instructions) I would now like to turn the call over to Mr. Mark Oswald, Head of Investor Relations. Sir, you may begin. Mark Oswald ...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Adient PLC
Ticker
ADNT.N
Time
12:30pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: James Albert Picariello - KeyBanc Capital Markets Inc., Research Division - Analyst : As we think about the guide and helpful detail you provided in terms of the second half versus first half split, can you just confirm what the commercial settlement figure was in the quarter? It seems like it was probably $100 million plus. Just want to confirm that. And just originally, across your segments, where did this have the greatest impact? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. MAY 06, 2021 / 12:30PM, ADNT.N - Q2 2021 Adient PLC Earnings Call

Question: James Albert Picariello - KeyBanc Capital Markets Inc., Research Division - Analyst : Okay. No, that's helpful. And then within equity income, it's $20 million lower now. Is that mainly or exclusively driven by the SJA JV sale? And has the company already completed that divestiture? And then as we consider the broader JV transformation, right, the $1.4 billion in net proceeds coming in, any color on the timing there? And maybe where the company's net leverage heads for next year, right? You raised your free cash flow for fiscal '21. We get through this year's noise into what hopefully is a cleaner recovery next year. What could be an achievable net leverage range on a pro forma basis as we sit here next year -- at the end of next year?

Table Of Contents

Adient PLC at Barclays Global Automotive Conference Transcript – 2021-11-17 – US$ 54.00 – Edited Transcript of ADNT.N presentation 17-Nov-21 6:15pm GMT

Adient PLC Q4 2021 Earnings Call Transcript – 2021-11-10 – US$ 54.00 – Edited Transcript of ADNT.N earnings conference call or presentation 10-Nov-21 1:30pm GMT

Adient PLC at RBC Capital Markets Global Industrials Conference (Virtual) Transcript – 2021-09-09 – US$ 54.00 – Edited Transcript of ADNT.N presentation 9-Sep-21 2:00pm GMT

Adient PLC Q3 2021 Earnings Call Transcript – 2021-08-05 – US$ 54.00 – Edited Transcript of ADNT.N earnings conference call or presentation 5-Aug-21 12:30pm GMT

Adient PLC at Deutsche Bank Global Auto Industry Conference (Virtual) Transcript – 2021-06-16 – US$ 54.00 – Edited Transcript of ADNT.N presentation 16-Jun-21 2:15pm GMT

Adient PLC Strategic Transformation in China Transcript – 2021-03-12 – US$ 54.00 – Edited Transcript of ADNT.N conference call or presentation 12-Mar-21 3:00pm GMT

Adient PLC Q1 2021 Earnings Call Transcript – 2021-02-05 – US$ 54.00 – Edited Transcript of ADNT.N earnings conference call or presentation 5-Feb-21 1:30pm GMT

Adient PLC at Credit Suisse Global Industrials Conference (Virtual) Transcript – 2020-12-02 – US$ 54.00 – Edited Transcript of ADNT.N presentation 2-Dec-20 2:30pm GMT

Adient PLC Q4 2020 Earnings Call Transcript – 2020-11-30 – US$ 54.00 – Edited Transcript of ADNT.N earnings conference call or presentation 30-Nov-20 1:30pm GMT

Adient PLC at JPMorgan Auto Conference (Virtual) Transcript – 2020-08-11 – US$ 54.00 – Edited Transcript of ADNT.N presentation 11-Aug-20 3:00pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Adient PLC Q2 2021 Earnings Call Transcript" May 06, 2021. Alacra Store. May 13, 2024. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2021-Adient-PLC-Earnings-Call-T14654714>
  
APA:
Thomson StreetEvents. (2021). Adient PLC Q2 2021 Earnings Call Transcript May 06, 2021. New York, NY: Alacra Store. Retrieved May 13, 2024 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2021-Adient-PLC-Earnings-Call-T14654714>
  
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