Delphi reports fourth quarter and full year 2013 financial results

en

Delphi Automotive PLC (NYSE: DLPH), a leading global vehicle components manufacturer, today reported fourth quarter U.S. GAAP earnings of $0.97 per diluted share. Excluding special items, earnings increased 24% to $1.12 per diluted share.

<< Back
04/02/2014 |
  • Delphi - administration

In 2013, we were able to deliver exceptional value to both our global customers and our shareholders. Our strong performance provides significant momentum as we enter 2014

Rodney O'Neal, chief executive officer and president

Fourth Quarter Highlights include:

  • Revenue of $4.2 billion, up 11%. This reflects growth of 14% in Asia, 9% in North America and 7% in Europe, partially offset by declines of 6% in South America.
  • U.S. GAAP diluted earnings per share of $0.97, up 126%
  • Excluding special items, earnings of $1.12 per diluted share, up 24%
  • Adjusted Operating Income of $472 million, up 33%
  • Adjusted Operating Income margin of 11.3%, up 190 basis points
  • Adjusted EBITDA of $611 million, up 26%. The increase in Adjusted EBITDA reflects the continued strong performance and growth of our businesses in Asia and North America, as well as the benefits of our on-going European restructuring programs initiated in late 2012.
  • Adjusted EBITDA margin of 14.6%, up 170 basis points
  • Returned $147 million to shareholders through share repurchases and dividends.

Full Year 2013 Highlights include:

  • Revenue of $16.5 billion, up 6%. This reflects growth of 11% in Asia, 5% in North America and 2% in South America, partially offset by a 6% decline in Europe.   
  • U.S. GAAP diluted earnings per share of $3.89, up 17%
  • Excluding special items, earnings of $4.40 per diluted share, up 15%
  • Adjusted Operating Income of $1,844 million, up 10%
  • Adjusted Operating Income margin of 11.2%, up 40 basis points
  • Adjusted EBITDA of $2,384 million, up 11%. The increase in Adjusted EBITDA reflects the strong performance of our businesses in Asia and North America and the increased earnings from the acquisition of MVL, partially offset by sales declines in Europe.
  • Adjusted EBITDA margin of 14.5%, up 70 basis points
  • Generated $1.8 billion of cash from operations, up 18%
  • Returned $668 million to shareholders through share repurchases and dividends.

“Delphi's fourth quarter financial results demonstrate the consistently high level of execution by Delphi's team," said Rodney O'Neal, chief executive officer and president. "In 2013, we were able to deliver exceptional value to both our global customers and our shareholders. Our strong performance provides significant momentum as we enter 2014."

For more details, please click on the document below

Back to top  | << Back

Communiqués liés

BIL PLM hd 2
24/04/2024

2023 : une année de transition et de transformation

Lors de l’Assemblée générale qui s’est tenue le 24 avril 2024, les acti...

BIL
Cargolux
24/04/2024

Cargolux posts profit for 2023

The Cargolux Group (Cargolux) generated a positive net result for its 2023 finan...

Cargolux
Gcore Recognised as Highly Commended in the Industry Innovator Category at the EMEA NVIDIA Partner Network Awards
23/04/2024

Gcore Recognised as Highly Commended in the Industry Innovat...

Gcore acknowledged for successful launch of first AI speech-to-text solution for...

GCore
Deloitte Luxembourg MOMENTUM2024
22/04/2024

MOMENTUM 2024 drives sustainable solutions forward

Deloitte’s annual MOMENTUM Conference fosters a dynamic exchange between indus...

Deloitte
IMG 3541
18/04/2024 Personnalités

Nouvelle recrue au service client de NO-NAIL BOXES : Nadine ...

NO-NAIL BOXES, le fabricant luxembourgeois de caisses pliantes en bois contrepla...

NO-NAIL BOXES
download
16/04/2024

Réseau ETRE est le nouveau lauréat du Degroof Petercam Fou...

Réseau ETRE remporte la sixième édition du Degroof Petercam Foundation Award....

Degroof Petercam

Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more