Aptiv PLC Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 03, 2022 at 04:05 pm EDT
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Aptiv PLC reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 4,614 million compared to USD 3,654 million a year ago. Net income was USD 301 million compared to USD 101 million a year ago. Basic earnings per share from continuing operations was USD 1.06 compared to USD 0.32 a year ago. Diluted earnings per share from continuing operations was USD 1.05 compared to USD 0.32 a year ago.
For the nine months, sales was USD 12,849 million compared to USD 11,484 million a year ago. Net income was USD 345 million compared to USD 559 million a year ago. Basic earnings per share from continuing operations was USD 1.1 compared to USD 1.89 a year ago. Diluted earnings per share from continuing operations was USD 1.1 compared to USD 1.89 a year ago.
Aptiv PLC specializes in the design, manufacturing and marketing of automotive equipment. Net sales break down by family of products as follows:
- electrical and electronic architecture products (73.8%): connectors, wiring assemblies, harnesses, electrical centers, hybrid high voltage and safety distribution systems;
- electronic and safety systems (26.2%): body controls, reception systems, infotainment and connectivity systems, hybrid vehicle power electronics, passive and active safety electronics, displays and mechatronics.
At the end of 2022, the group has 131 manufacturing plants and 11 technical centers worldwide.
Net sales are distributed geographically as follows: the United States (36%), North America (0.9%), Europe/Middle East/Africa (30.7%), Asia/Pacific (30.2%) and South America (2.2%).
APTIV PLC 
