Adient PLC (NYSE:ADNT)
$ 21.22 0.33 (1.58%) Market Cap: 1.80 Bil Enterprise Value: 3.23 Bil PE Ratio: 99.16 PB Ratio: 0.84 GF Score: 64/100

Adient PLC at Barclays Global Automotive Conference Transcript

Nov 21, 2019 / 01:00PM GMT
Release Date Price: $20.22 (+1.92%)
Unidentified Analyst

Good morning, and welcome to an action-packed day 2 of our autos conference. I'm always excited when it's a great first day and the second day promises to be even more exciting. We're kicking it off with Adient. Fireside chat with Jeff Stafeil, CFO of Adient; and a newer face for everyone here, Jerome Dorlack, VP of Seating in the Americas. I'll pass it to you to walk through a few slides, and then we'll jump into Q&A.

Jerome Dorlack;Vice President
Head of Seating Americas,

Okay. Thank you very much. Let's see. Good morning, everybody. I appreciate everyone coming out. So I won't spend a lot of time on the executive summary. I think this is a slide that everyone is familiar with. Maybe just a couple of key points on there. And we are the largest seating supplier on the planet, 33% market share. And one thing that's really nice about the business is what I'd call the competitive moats that we enjoy. It's really the high barrier to entry and then the switching costs associated with it.

In terms of kind of what's been

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