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Business Description :
Adient began trading Oct. 31, 2016, when Johnson Controls spun off its automotive experience segment into this new company. Adient is the leading seating supplier to the industry with nearly 40% share in both North America and Europe as well as a dominant share in China of about 45%. Operations in China are accounted for under the equity method so revenue there is unconsolidated. Unconsolidated seating and interiors revenue from joint ventures totaled $18.3 billion in fiscal 2018. The company is headquartered in Ireland but has corporate offices in the Detroit area. Fiscal 2018 consolidated revenue, that is excluding joint venture sales, was $17.4 billion.