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HELLA (HLE) investor relations material
HELLA Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Electronics business grew 8.3%–9.5% year-over-year, led by radar and energy management, while Lighting declined 7.3%–8.5% due to project completions and volume reductions.
Lifecycle Solutions returned to growth in Q3 after earlier declines, with a stable 10% margin.
Overall sales were stable, with FX-adjusted growth of 0.4% and reported sales down 1.1% year-over-year.
Operating income margin remained stable at 5.8%, supported by cost discipline and structural programs.
Net cash flow improved to €68 million from -€8 million last year, aided by reduced CapEx and working capital management.
Financial highlights
Sales for the nine months were €5.87 billion, down 1.1% year-over-year; FX-adjusted sales up 0.4%.
Gross profit margin was 22.8%, down from 23.2% last year.
Operating income margin was 5.8% for the period.
Net income was €108 million, down from €310–311 million last year, impacted by restructuring and absence of prior year’s BHTC sale gain.
Net cash flow improved to €68 million, with CapEx reduced by 23% year-over-year.
Outlook and guidance
Sales guidance confirmed at €7.6–8.0 billion for the full year.
Operating income margin expected between 5.3% and 6%; net cash flow of at least €200 million, assuming stable semiconductor supply.
Global light vehicle production expected to grow 2.0% in 2025, led by China; declines anticipated in Americas and Europe.
Anticipates volume reductions in Europe and Americas in Q4 due to Nexperia shortages; China stable.
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