Adient sales, earnings slide on supply chain struggles

Adient had a net income gain in the fourth quarter of FY2021 due to the sale of its interest in a joint venture in China. (Adient)

November 10, 2021 05:54 PM

Plymouth-based Adient plc reported a 60 percent decline in adjusted earnings and 23 percent slide in revenue for the fourth quarter due to a supply chain choke it expects to continue indefinitely.

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