GTX News and Press, Garrett Motion Inc From 10/26/22

Third Quarter 2022 Highlights Reported net sales totaled $945 million, up 13% on a GAAP basis, up 25% at constant currency* Net income totaled $105 million; Net income margin 11.1% Adjusted EBITDA* totaled $146 million; Adjusted EBITDA margin* of 15.4% ...

ROLLE, Switzerland, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX, GTXAP) , a leading differentiated technology provider for the automotive industry, today announced it plans to issue financial results for the third quarter 2022 on Wednesday, October 26, 2022, befor...

ROLLE, Switzerland, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX, GTXAP) , a leading differentiated automotive technology provider, today announced that the third quarter dividend for the Series A 11% PIK Preferred Stock will be made in cash and is in lieu of ...

Summary Garrett Motion is the market leader with ~32% volume share and ~36% value share in the $10 billion global turbocharger industry. The company looks cheap at ~6 to ~7 times its expected earnings in 2022. Garrett continues to demonstrate strong earnings power despite a cu...

Summary Silver Ring Value Partners provides investment advisory services. The Company offers portfolio management, financial planning, and trading services. Silver Ring Value Partners serves investors in the State of Massachusetts. At the end of June 2022 the portfolio was very at...

Summary Modine Manufacturing Company has had something of a mixed operating history, and this year should prove to be no exception. Having said that, shares of the business are trading on the cheap, but a discount is usually warranted in cases like this. Overall, the firm does...

Summary Holley has done well recently, but the picture this year is looking a lot less great for the firm. Shares do look cheap, and likely offer some upside potential for investors as a result. Having said that, there likely are better prospects that can be had at this moment...

Seth Klarman’s 13F portfolio value decreased from $9.30B to $6.77B this quarter. Baupost Group added Warner Bros. Discovery and Amazon while reducing Alphabet, Intel Corp., Nexstar Media, and Verint Systems. The portfolio continues to be heavily concentrated with the top th...

Switzerland-based Garrett Motion (NASDAQ: GTX) sells turbochargers to the automotive industry. Its turbochargers go in electric hybrid cars, gasoline-powered cars, and light commercial vehicles. In addition to its turbocharger business, Garrett is investing in software and power...

The following slide deck was published by Garrett Motion Inc. in conjunction with their 2022 Q2 earnings call. For further details see: Garrett Motion Inc. 2022 Q2 - Results - Earnings Call Presentation