ROLLE, Switzerland, June 13, 2023 Garrett Motion Inc. , a differentiated technology leader for the automotive industry, announced today the conversion of the Company’s Series A Preferred. | June 13, 2023
Operator: Hello, my name is Jason, and I will be your operator this morning. I would like to welcome everyone to the Garrett Motion First Quarter Financial Results Conference Call.
First Quarter 2023 Highlights Net sales totaled $970 million, up 8% on a reported basis, up 13% at constant currency Net income totaled $81 million; Net income margin 8.4%Adjusted EBITDA totaled. | June 18, 2023
Series A Preferred Stock amended to automatically convert into Common Stock on or about July 3, 2023Conversion would result in a single class of Common Stock with greater liquidity and a multi-billion. | April 13, 2023
Stronger volumes, robust operational performance, and favorable foreign exchange driving better than expected financial results year to date; full-year net income and Adjusted EBITDA currently. | April 4, 2023