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EX - 99.1 2 aptvq32021ex991.htm EX - 99.1 APTIV Exhibit 99.1 Media Release Aptiv Reports Third Quarter 2021 Financial Results Strong Demand Across Product Portfolio Continues Despite Challenging Environment DUBLIN - Aptiv PLC ( NYSE : APTV ) , a global technology company focused on making mobility safer , greener and more connected , today reported third quarter 2021 U.S. GAAP earnings of $ 0.32 per diluted share . Excluding special items , third quarter earnings totaled $ 0.38 per diluted share . Third Quarter Financial Highlights Include : • U.S. GAAP revenue of $ 3.7 billion , down 5 % adjusted for currency exchange , commodity movements and divestitures U.S. GAAP net income of $ 86 million , diluted earnings per share of $ 0.32 ° Excluding special items , diluted earnings per share of $ 0.38 U.S. GAAP operating income margin of 5.9 % ° Adjusted Operating Income margin of 6.0 % , Adjusted Operating Income of $ 219 million ; Adjusted EBITDA of $ 412 million Year - to - Date Financial Highlights Include : • • • U.S. GAAP revenue of $ 11.5 billion , an increase of 30 % ° Revenue increased 24 % adjusted for currency exchange , commodity movements and divestitures U.S. GAAP net income of $ 512 million , diluted earnings per share of $ 1.89 Excluding special items , diluted earnings per share of $ 2.04 U.S. GAAP operating income margin of 8.1 % Adjusted Operating Income margin of 8.3 % , Adjusted Operating Income of $ 957 million ; Adjusted EBITDA of $ 1,540 million Generated $ 553 million of cash from operations " Our third quarter performance reflects continued robust demand for our safe , green and connected technologies and our relentless focus on serving customers despite the challenging operating environment , ” said Kevin Clark , president and chief executive officer . " Persistent and widespread supply chain shortages continue to restrain production capacity for the global automotive market , and we expect that to continue into 2022. However , our automotive customers continue to prioritize their vehicles with higher active safety content , while penetration of high voltage platforms accelerate . These trends , and our unique ability to capitalize on them , are driving record revenue growth over market for Aptiv . We expect our continued investments in high - growth , high - margin