Adient plc (NYSE:ADNT) Q1 2023 Earnings Conference Call February 7, 2023 8:30 AM ET
Company Participants
Mark Oswald - VP, IR & Corporate Communications and Treasurer
Doug Del Grosso - President and CEO
Jerome Dorlack - EVP and CFO
Conference Call Participants
Rod Lache - Wolfe Research
Colin Langan - Wells Fargo
John Murphy - Bank of America
Emmanuel Rosner - Deutsche Bank
Evan Silverberg - Morgan Stanley
Operator
Welcome to the Adient First Quarter Fiscal Year 2023 Earnings Call. [Operator Instructions] Today's conference is being recorded. If have any objections, you may disconnect at this time.
I would now like to turn the conference over to your host, Mark Oswald. Thank you.
Mark Oswald
Thank you, Danielle. Good morning, and thank you for joining us as we review Adient's results for Q1 fiscal 2023. The press release and presentation slides for our call today have been posted to the Investors section of our website at adient.com. This morning, I'm joined by Doug Del Grosso, Adient's President and Chief Executive Officer; Jerome Dorlack, Executive Vice President and Chief Financial Officer.
On today's call, Doug will provide an update on the business, followed by Jerome, who will review our Q1 financial results and outlook for the remainder of fiscal '23. After our prepared remarks, we will open the call to your questions.
Before I turn the call over to Doug and Jerome, there are a few items I'd like to cover. First, today's conference call will include forward-looking statements. These statements are based on the environment as we see it today and therefore, involve risks and uncertainties. I would caution you that our actual results could differ materially from these forward-looking statements made on the call. Please refer to Slide 2 of the presentation for our complete safe harbor statement.
In addition to the financial results presented on a GAAP basis, we will be discussing non-GAAP information that we believe is useful in evaluating the company's operating performance. Reconciliations for these non-GAAP measures to the closest GAAP equivalent can be found in the appendix of our full earnings release. This concludes my comments.
I'll now turn the call over to Doug. Doug?
Doug Del Grosso
Great. Thanks, Mark. Good morning. Thank you to our investors, prospective investors and analysts joining the call this morning as we review our first quarter results for fiscal 2023.
Turning to Slide 4, let me begin with a few comments related to the quarter. As expected, heading into fiscal 2023, the overall operating environment appears to be trending in a positive direction. However, I'd still characterize the environment in Q1 as choppy with certain external influences trending favorably and other influences appearing stubbornly persistent placing downward pressure on the industry.