Stock Data
$3.26 (7.04%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
CONSUMER CYCLICAL
Industry
AUTO PARTS
Aptiv PLC is a global technology company headquartered in Dublin, Ireland, specializing in the automotive sector. It focuses on creating innovative electrical, electronic, and safety solutions for vehicles. Aptiv's offerings include wiring assemblies, connectors, hybrid high voltage systems, as well as advanced technologies for vehicle safety, security, and connectivity. The company plays a pivotal role in shaping the future of mobility, emphasizing autonomous driving and user experience enhancements. Aptiv, which evolved from Delphi Automotive in 2017, continues to lead in developing components that make vehicles safer, more connected, and environmentally friendly.
First quarter as a slimmer Aptiv lifted adjusted EBITDA margin to 18.7% from 17.1%, with interest expense down to $62 million after the Versigent spin-off proceeds retired notes. Revenue came in just under expectations, while management raised the profile of non-automotive work with a July drone market win. Full-year adjusted EPS guidance of $5.60 to $5.80 is next.
2 Articles
Our top personal finance-related articles today. Your wallet will thank you later.
