Press Releases

Actions expected to result in more than $400 million in further de-leveraging and improved financial flexibility ROLLE, Switzerland, Dec. 17, 2021 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX, GTXAP) , a leading, differentiated technology provider for the automotive industry, today

Further improves capital structure and enhances shareholder return ROLLE, Switzerland, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) , a leading, differentiated technology provider for the automotive industry, today announced it has authorized a $100 million share repurchase

Third Quarter 2021 Highlights Reported net sales totaled $839 million, up 2.2% at constant currency* Net income available to common shareholders totaled $27 million; Adjusted net income* was $65 million Adjusted EBITDA* increased to $134 million; Adjusted EBITDA margin* improved to 16.0% Net cash

ROLLE, Switzerland, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) , a leading differentiated technology provider for the automotive industry, today announced it plans to issue financial results for the third quarter and nine months ended September 30, 2021 on Thursday, October

Innovative Technology Enables Electrified Vehicles to Optimize Fuel Economy, Reduce Emissions, and Enhance Performance Represents Garrett’s First PACE Award in Electrification ROLLE, Switzerland, Oct. 01, 2021 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) , a leading differentiated

Reducing leverage by repayment of $213 million Series B; Improving flexibility by deferring Series B put option until December 31, 2022 ROLLE, Switzerland, Sept. 30, 2021 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) , a leading, differentiated technology provider for the automotive

Second Quarter 2021 Highlights Reported net sales totaled $935 million , up 82.6% at constant currency* Net income   available to common shareholders totaled $385 million ; Adjusted net income* was $90 million Adjusted EBITDA* increased to $168 million ; Adjusted EBITDA margin* improved to 18.0%

ROLLE, Switzerland, July 16, 2021 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) , a leading differentiated technology provider for the automotive industry, today announced it plans to issue financial results for the second quarter and six months ended June 30, 2021 on Thursday, July 29,

Leverages Automotive Engineering Expertise to Deliver Innovative Energy and Health Management Software Solutions

ROLLE, Switzerland, June 17, 2021 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX), a leading differentiated technology provider for the automotive industry, today announced it

Increases Operational Footprint by 50% to Support Strong Growth

ROLLE, Switzerland, June 07, 2021 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX), a leading differentiated technology provider for the automotive industry, announced today it plans to expand and modernize its existing