Adient (NYSE:ADNT)

North American company
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Market Info - ADNT

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Company Info - ADNT

  • Market Cap$2.055bn
  • SymbolNYSE:ADNT
  • IndustryConsumer Cyclical
  • SectorAuto Parts
  • Currency
  • ISINIE00BD845X29

Company Profile

Adient began trading Oct. 31, 2016, when Johnson Controls spun off its automotive experience segment into this new company. Adient is the leading seating supplier to the industry with about one third of the global market as well as a dominant share in China of about 45%. Operations in China are accounted for under the equity method so revenue there is unconsolidated. Unconsolidated seating and interiors revenue from joint ventures totaled $15.6 billion in fiscal 2019. The company is headquartered in Ireland but has corporate offices in the Detroit area. Fiscal 2019 consolidated revenue, excluding joint venture sales, was $16.5 billion.Adient PLC is engaged in supplying automotive seating. It designs, manufactures and markets seating systems and components for passenger cars, commercial vehicles and light trucks, including vans, pick-up trucks and sport/crossover utility vehicles.

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