Description
Visteon Corporation: Initiation Of Coverage – Strong Demand for Digital Cockpit Products and Battery Management Systems (BMS)!
Visteon Corporation demonstrated notable performance in their earnings report for the second quarter of 2024.
Amidst a competitive industry backdrop, the automotive electronics supplier reported robust financials
characterized by record quarterly base sales and adjusted EBITDA figures which exceeded previous
benchmarks. The company recorded over $1 billion in sales, driven primarily by heightened demand for its digital cockpit and electrification products. Key growth contributors included digital clusters and displays, which experienced doubledigit year-over-year growth, reflecting strong market acceptance and the ramp-up of new product integration into vehicle programs by major automakers such as Ford, Nissan, and Stellantis.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures
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