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Visteon ( (VC) ) has shared an announcement.
In 2024, Visteon Corporation reported strong financial performance with net sales of $3.87 billion and $6.1 billion in new business wins, driven by product launches and market outperformance. Despite a decline in net income due to a reduced tax benefit, the company achieved record adjusted EBITDA and free cash flow, reflecting operational excellence and cost discipline. Visteon’s strategic initiatives led to significant new business wins and product launches, including digital clusters and electrification solutions, enhancing its market position and supporting future growth.
More about Visteon
Visteon (NASDAQ: VC) is a leading company in the automotive industry, specializing in innovative technology solutions that drive a software-defined future. Their product portfolio includes digital cockpit innovations, advanced displays, AI-enhanced software solutions, and integrated EV architecture solutions. Headquartered in Van Buren Township, Michigan, Visteon operates across 18 countries, partnering with global OEMs to enhance the safety, cleanliness, and connectivity of journeys in passenger vehicles, commercial transportation, and two-wheelers.
YTD Price Performance: -4.15%
Average Trading Volume: 303,161
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.3B
For detailed information about VC stock, go to TipRanks’ Stock Analysis page.
