Garrett Motion Delivers Strong 2024 Financial Performance, Issues 2025 Outlook
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Garrett Motion Inc. reported its 2024 financial results, showing a decline in net sales by 11% but maintaining strong profitability with a net income of $282 million. The company also highlighted strategic advancements, including new contracts and innovations in turbo and e-powertrain technologies.
February 20, 2025 | 12:15 pm
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Garrett Motion Inc. reported a decline in 2024 net sales by 11% but achieved a net income of $282 million. The company is advancing in turbo and e-powertrain technologies, securing new contracts and receiving industry recognition.
Despite a decline in sales, Garrett Motion's profitability and strategic advancements in technology and contracts suggest a positive outlook. The company's ability to innovate and secure new business positions it well for future growth.
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