Adient PLC

ADNT: XNYS (USA)
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Adient Earnings: Profit Headwinds This Quarter Were Beyond the Company's Control

Adient's fiscal third-quarter adjusted EBITDA fell by $1 million year over year while EBITDA margin declined 30 basis points to 5.7%. Higher chemical and freight costs from the Iran war and automaker production problems cost Adient $32 million of EBITDA.

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