Adient (ADNT) J.P. Morgan Automotive Conference summary

2026 and 2027 outlook

• Delivering on 2026 commitments with strong execution despite macro challenges such as Middle East disruptions and higher input costs.

• Growth over market expected to continue in Americas and China into 2027, supported by program wins and onshoring.

• Capital allocation remains balanced, with ongoing share buybacks, voluntary debt paydown, and $55M in share repurchases year-to-date.

• Margin expansion anticipated through automation, restructuring in Europe, and continuous improvement.

• FY27 outlook being refined, with attention to vehicle production, FX, input costs, CAPEX, and restructuring.

Americas region performance and strategy

• Americas region sees over $400 million in new incremental conquest and onshoring business, with recent launches for Kia Telluride and Rivian R2.

• Delivered sales growth and margin expansion despite temporary headwinds; Q3 Americas Adj. EBITDA up $13M year-over-year to $125M.

• Strong customer partnerships drive innovation, automation, and AI implementation for cost-effective, high-quality solutions.

• Strategic wins include Dodge Durango and VW business, leveraging existing assets and minimizing new investment.

• Four plant consolidations planned over two years to optimize fixed costs and fund restructuring.

Automation and innovation

• Automation projects prioritized for under two-year payback, focusing on eliminating non-value-added activities.

• Global best practices shared across regions, with China plants serving as benchmarks for automation.

• Innovations include automated material movement and component installation, with successful pilots being scaled.

• Plant-level adoption and peer advocacy accelerate network-wide implementation.

• Advanced automation and self-help initiatives to boost productivity and operational flexibility.