Garrett Motion (GTX) Q2 2025 Earnings Transcript
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Garrett Motion (NASDAQ:GTX) management increased its full-year 2025 outlook midpoints, driven by a stronger euro-dollar exchange rate and confirmed full tariff cost recovery plans. The company won over $1 billion in new light vehicle turbo extensions in Q2 2025, boosting forward revenue visibility, and secured additional zero-emission and non-automotive awards, while opening a Wuhan R center. Adjusted free cash flow conversion reached 98% for Q2 2025, with 39% of shares repurchased since Q1 2023. Liquidity stood at $862 million as of Q2 2025, supporting ongoing capital returns and dividend increases.
Source Fool.com
