2024-01-23 07:04:20 ET
Summary
- Aptiv's historical financials have demonstrated robust revenue growth but contracting margins. The D/E ratio has been slowly decreasing, with a slight increase in 2022 due to an anticipated acquisition.
- 3Q23 results show strong revenue growth and improved margins. Strong top-line and bottom-line growth is driven by increased volume and better pricing.
- Rising trend in global vehicle sales and accelerating growth in EVs will support future growth.
Synopsis
Aptiv (APTV) is a global technology company that specializes in the design and manufacture of vehicle components. It also provides advanced electrical, electronic, and active safety solutions for the automotive sector....
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Aptiv: Strong Growth In Global Vehicle Sales And EVs Set To Bolster Growth Outlook