Adient Sees Profit Rising Post-Spinoff From Johnson Controls

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  • World’s largest automotive seat maker has stronghold in China
  • Revenue may reach $17 billion for 2017, investors told

Adient, the automotive seat maker being spun off from Johnson Controls, forecast adjusted profit of as much as $900 million on $17 billion in sales in the fiscal year starting Oct. 1, its first as a standalone company.

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