MARKET

ADNT

ADNT

Adient
NYSE
28.83
0.00
0.00%
Opening 09:30 04/22 EDT
OPEN
--
PREV CLOSE
28.83
HIGH
--
LOW
--
VOLUME
0
TURNOVER
--
52 WEEK HIGH
46.51
52 WEEK LOW
27.73
MARKET CAP
2.63B
P/E (TTM)
12.82
1D
5D
1M
3M
1Y
5Y
Auto supplier Adient cuts jobs, transfers roles in Europe to shave costs
Auto supplier Adient cuts jobs, transfers roles in Europe to shave costs. Adient supplies seats to some of Europe's biggest automakers. The company did not disclose how many employees were affected by the layoffs. European automakers face a trifecta of challenges: soft demand, rising costs and competition.
Reuters · 17h ago
On April 22, 2024, Adient Reveals Restructuring Plans In Europe To Reduce Costs, Primarily Through Workforce Reductions - Filing
Adient expects to record a restructuring charge of approximately $125 million in the second quarter of fiscal year 2024. Adient anticipates approximately $60 million in reduced annual operating cost from the restructuring. The restructuring will be related to termination benefits in Europe. The plans were initiated as of March 31, 2024.
Benzinga · 19h ago
ADIENT PLC - RESTRUCTURING PLANS IN EUROPE PRIMARILY THROUGH WORKFORCE REDUCTIONS AND TRANSFER OF WORK TO COUNTRIES WITH LOWER LABOR COSTS
Reuters · 19h ago
Weekly Report: what happened at ADNT last week (0415-0419)?
Weekly Report · 21h ago
Wells Fargo Sticks to Its Buy Rating for Adient (ADNT)
TipRanks · 3d ago
Weekly Report: what happened at ADNT last week (0408-0412)?
Weekly Report · 04/15 09:25
Navigating 5 Analyst Ratings For Adient
5 analysts provided ratings for Adient in the latest quarter. The average price target is $41.2. Adient is the leading seating supplier to the automotive industry. The company has a 12-month price target of $37.00. The analysts have recently evaluated Adient and provided price targets for the company.
Benzinga · 04/10 20:00
Stocks Retreat as Bond Yields Surge on US Price Pressures
US March CPI came in hotter than expected for a third straight month. The S&P 500 index closes down -0.95%, the Dow Jones industrials down -1.09%. A surge in T-note yields and a jump in inflation expectations hurt stocks Wednesday. The stronger-than-expected Mar CPI report also reduced Fed rate cut expectations.
Barchart · 04/10 15:35
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About ADNT
Adient PLC is an automotive seating supplier company. The Company’s automotive seating solutions include complete seating systems, frames, mechanisms, foam, head restraints, armrests and trim covers. The Company designs, manufactures and markets a full range of seating systems and components for passenger cars, commercial vehicles and light trucks, including vans, pick-up trucks and sport/crossover utility vehicles. The Company manages its business on a geographic basis and operates in three reportable segments: Americas, which is inclusive of North America and South America; Europe, Middle East, and Africa (EMEA), and Asia Pacific/China (Asia). The Company operates approximately 200 wholly- and majority-owned manufacturing or assembly facilities, with operations in approximately 29 countries. The Company provides production and service parts to its customers under multi-year programs.

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