Visteon ( (VC) ) has shared an update.
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Visteon Corporation reported robust third-quarter 2024 financial results with $980 million in sales, a net income of $39 million, and adjusted EBITDA of $119 million, despite facing a challenging production environment. The company launched 30 new products, secured $4.9 billion in new business, and maintained a strong balance sheet with a net cash position of $229 million. Visteon’s strategic focus on digital cockpit and electrification products continues to drive growth, with significant wins in diverse markets, setting a solid foundation for future expansion.
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