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Financial

Adient Reports 1st Quarter 2019 Financial Results 

The company reported first quarter GAAP net loss and EPS diluted of $(17) million and $(18 cents), respectively.

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Adient, global automotive seating manufacturer, has announced first quarter earnings.

The company reported first quarter GAAP net loss and EPS diluted of $(17) million and $(18 cents), respectively. Adient reported diluted Adjusted-EPS of 31 cents, as well as first quarter Adjusted-EBIT and Adjusted-EBITDA of $105 million and $176 million, respectively.

For the first quarter, Adient’s gross debt and net debt totaled $3,409 million and $3,003 million, respectively, as of Dec. 31, 2018.

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