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Visteon Lowers FY24 Sales Outlook To $3.85B–$3.95B Vs. $4.04BB Est (Prior View: $4B-$4.2B)

Author: Benzinga Newsdesk | July 25, 2024 07:00am

In light of the reduction of customer vehicle production in the second half and ongoing market dynamics in China, Visteon is updating its full-year 2024 guidance and anticipates sales in the range of $3.85 – $3.95 billion, adjusted EBITDA in the range of $455 – $475 million, and maintaining adjusted free cash flow in the range of $155 – $185 million.

Posted In: VC

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