Revenues up, but cost of sales hampers Adient
03/05/2018
Automotive seating provider Adient has announced revenues of almost $4.6 billion for the second quarter of its current financial year. This figure represents an increase of 9% on Adient’s revenues for the same period a year ago. However, the company’s cost of sales also went up and it closed the quarter with gross profit of $284 million, down by ...