Press Releases

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 allowing the
September 8, 2022
Second Quarter 2022 Highlights Reported net sales totaled $859 million, down 8% on a GAAP basis, flat at constant currency* Net income totaled $85 million; Net income margin 9.9% Adjusted EBITDA* totaled $138 million; Adjusted EBITDA margin* of 16.1% Net cash used for operating activities totaled
July 28, 2022
First Quarter 2022 Highlights Reported net sales totaled $901 million, down 10% on a GAAP basis and down 6% at constant currency* Net income totaled $88 million; Net income margin 9.8% Adjusted EBITDA* totaled $146 million; Adjusted EBITDA margin* 16.2% Net cash provided by operating activities
April 28, 2022
Fourth Quarter 2021 Highlights Reported net sales totaled $862 million, down 14% on a GAAP basis and 13% at constant currency* Net income totaled $128 million; Adjusted net income* was $78 million Adjusted EBITDA* totaled $129 million; Adjusted EBITDA margin* improved to 15.0% Net cash provided by
February 14, 2022