Financial PerformanceAptiv reported solid second-quarter results that exceeded both JP Morgan and consensus estimates, suggesting strong cost execution is likely to continue.
Spinoff BenefitsThe spinoff of the EDS business provides additional upside for APTV, with growth and EBITDA margin expected to be higher than historical levels, leading to a higher multiple.
Vehicle TechnologiesAPTV's global position in developing vehicle technologies to improve safety, emissions, and connectivity has provided above-average growth and margin performance over the past 20 years.