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Dec 31, 2024
Visteon Q4 2024 Earnings Report
Visteon reported lower revenue but improved margins in Q4 2024.
Key Takeaways
Visteon reported Q4 2024 revenue of $939 million, a 5.15% decline YoY. Net income decreased by 66.67% YoY to $122 million due to a smaller non-cash tax benefit. Adjusted EBITDA remained stable at $117 million, with an improved margin of 12.5%.
Revenue declined 5.15% YoY due to lower customer recoveries.
Net income dropped 66.67% YoY, mainly due to a smaller tax benefit.
Adjusted EBITDA margin improved by 70 basis points to 12.5%.
Company secured $6.1 billion in new business wins in 2024.
Forward Guidance
Visteon expects FY 2025 revenue between $3.65 billion and $3.85 billion, with adjusted EBITDA between $450 million and $480 million.
Positive Outlook
- Strong new business wins totaling $6.1 billion in 2024.
- Continued expansion in software-defined vehicle and digital cockpit innovations.
- Improved cost discipline and operational efficiencies expected to support margins.
- Diversification into commercial vehicles and two-wheeler segments.
- No expected impact from 2025 tariffs included in guidance.
Challenges Ahead
- Revenue forecasted to remain flat or slightly decline compared to 2024.
- Potential headwinds from lower customer recoveries and production levels.
- Higher capital expenditures expected to support future growth.
- Continued geopolitical and supply chain risks could impact business.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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