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Aptiv PLC (APTV) Q1 2023 Earnings Call Transcript

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Aptiv PLC (NYSE:APTV) Q1 2023 Earnings Conference Call May 4, 2023 8:00 AM ET

Company Participants

Jane Wu – Vice President, Investor Relations and Corporate Development

Kevin Clark – Chairman & Chief Executive Officer

Joe Massaro – Chief Financial Officer & Senior Vice President of Business Operations

Conference Call Participants

Chris McNally – Evercore

John Murphy – Bank of America

Rod Lache – Wolfe Research

Adam Jonas – Morgan Stanley

Itay Michaeli – Citi

Dan Levy – Barclays

Emmanuel Rosner – Deutsche Bank

Mark Delaney – Goldman Sachs

Tom Narayan – RBC Capital Markets


Good day, and welcome to the Aptiv Q1 2023 Earnings Call. Today’s conference is being recorded.

At this time, I would like to turn the conference over to Jane Wu, Vice President, Investor Relations and Corporate Development. Please, go ahead.

Jane Wu

Thank you, Ally. Good morning and thank you for joining Aptiv’s first quarter 2023 earnings conference call. The press release and related tables, along with the slide presentation, can be found on the Investor Relations portion of our website at aptiv.com

Today’s review of our financials exclude amortization, restructuring and other special items and we’ll address the continuing operations of Aptiv. The reconciliations between GAAP and non-GAAP measures for our first quarter financials as well as our full year 2023 outlook are included at the back of the slide presentation and the earnings press release.

During today’s call, we will be providing certain forward-looking information that reflects Aptiv’s current view of future financial performance, and may be materially different for reasons that we cite in our Form 10-K and other SEC filings.

Joining us today will be Kevin Clark, Aptiv’s Chairman and CEO; and Joe Massaro, CFO and Senior Vice President of Business Operations. Kevin will provide a strategic update on the business, and Joe will cover the

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