Oct 27, 2016 - 3Q 2016 Highlights. Electronics product ... Free Cash Flow. $75 Million ... award for our SmartCore⢠co
3Q 2016 Highlights Electronics product group
$749 Million Sales
$75 Million
$33 Million
$23 Million
$1.3 Billion
$16.2 Billion
3Q electronics new business wins
All-time high order backlog – electronics product group
Adjusted EBITDA* *Earnings before interest, taxes, depreciation and amortization
Cash from Operations
Adjusted Free Cash Flow
We continue to win new business at a record pace. Our third-quarter wins included our second major award for our SmartCore™ cockpit domain controller technology for a 2020 European vehicle program, as well as a fully reconfigurable instrument cluster that extends this technology to a broader range of vehicles. Sachin Lawande, president and CEO
Oct. 27, 2016
Sales breakdown THIRD-Quarter 2016
Balanced By Mfg. region
diversified By Customer
South America 2% North America 28%
Asia 41%
VW 2% PSA 2% Daimler 3% BMW 4% Honda 4% JLR 5%
Other 9%
GM 10% Europe 29%
Ford 28%
Mazda 18% Renault / Nissan 15%
The statements in this document relating to future estimates, plans and projections are forward-looking statements. Please see “Item 1A. Risk Factors” and “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations – Forward-Looking Statements” contained in Visteon’s Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2015, for a discussion of various risks and uncertainties that could cause actual results to differ materially from those expressed in these forward-looking statements. For important disclosures regarding “Use of Non-GAAP Financial Information,” please see Visteon’s third-quarter 2016 results news release.
