Adient plc (ADNT)
The company now
Adient plc, which designs and builds car seats for automakers, reported net sales of $3,929 million for the quarter ended June 30, 2026, up 5% from the year before 1.
Net income attributable to Adient was $25 million, down from $36 million, and the company ties the drop mainly to higher income tax expense and higher selling and administrative costs 1.
Sales rose because production grew in the Americas and Asia, while lower production in Europe, the Middle East and Africa, which the company calls EMEA, came from softening customer demand 1.
Adient said in a report filed on September 18, 2026 that director Peter Carlin will become chief financial officer on November 16, 2026, when Mark Oswald leaves 45.
In August 2026 the company added $500 million of term loans and used them to redeem $500 million of 7.000% senior secured notes due 2028 6.
As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.