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Garrett Motion Reports Strong Second Quarter 2023 Financial Results, Raises Full Year Outlook, and Planning Partial Debt Repayment

Garrett Motion Reports Strong Second Quarter 2023 Financial Results, Raises Full Year Outlook, and Planning Partial Debt Repayment
Second Quarter 2023 Highlights Net sales totaled $1,011 million, up 18% on a reported basis, up 19% at constant currency* Net income totaled $71 million; Net income margin 7.0% Adjusted EBITDA* totaled $170 million; Adjusted EBITDA margin* of 16.8% Net cash provided by operating activities totaled $164 million Adjusted free cash flow* totaled $140 million Expected Q3 […] The post Garrett Motion Reports Strong Second Quarter 2023 Financial Results, Raises Full Year Outlook, and Planning Partial D... Read More
Posted: Jul 27 2023, 11:01
Author Name: forextv
Views: 092179

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