The company said sales for Q4 2023 rose 1.1% to $5.6 billion, and diluted EPS rose 27.7% to $2.26. It said diluted EPS was up 10.2% compared with prior-year adjusted diluted EPS.

1. 01

   The company said sales for Q4 2023 rose 1.1% to $5.6 billion, and diluted EPS rose 27.7% to $2.26. It said diluted EPS was up 10.2% compared with prior-year adjusted diluted EPS.

2. 02

   The company said full-year sales for 2023 rose 4.5% to $23.1 billion. Automotive segment profit for Q4 fell 12.2% to $259 million, while Industrial segment profit rose 19.3% to $275 million.

3. 03

   The company said operating cash flow for 2023 was $1.4 billion and free cash flow was $923 million. It returned $788 million to shareholders through cash dividends and share repurchases, and said it used $527 million for dividends and $261 million for stock repurchases.

4. 04

   The company gave full-year 2024 guidance for total sales growth of 3% to 5% and adjusted diluted EPS of $9.70 to $9.90. It also said it expects to incur costs of about $100 million to $200 million related to its global restructuring in 2024 and will report these costs as a non-recurring expense.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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