HELLA GmbH & Co. KGaA (HLLGY) Q4 2025 Earnings Call Transcript

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HELLA GmbH & Co. KGaA (HLLGY) Q4 2025 Earnings Call March 19, 2026 4:00 AM EDT

Company Participants

Peter Laier – CEO & Chairman of the Management Board
Philippe Vienney – CFO, Member of the Management Board & MD of Finance, Controlling, Risk Mgt. and Internal Control

Conference Call Participants

Christoph Laskawi – Deutsche Bank AG, Research Division
Sanjay Bhagwani – Citigroup Inc., Research Division

Presentation

Operator

Good morning, ladies and gentlemen, and welcome to the HELLA Investor Call for the HELLA Annual Results Fiscal year 2025. The call will be hosted by Professor Peter Laier, the CEO; and Philippe Vienney, the CFO. [Operator Instructions] The floor will be open for questions following the presentation. Let me now turn the floor over to your host, Professor Laier.

Peter Laier
CEO & Chairman of the Management Board

Yes. Good morning, everybody, and a warm welcome in the name of Philippe and myself to our 2025 results call. We go first through the presentation, if you can go to the next slide with the following agenda. We would like to talk first about achievements in 2025. Then Philippe will have a look to the financial results in 2025 more in detail and we’ll talk about the outlook for financial year 2026. Then I will talk about the strategic priorities for 2026 and the key takeaways. And after that, we will come to questions.

Yes, let me first talk about the achievements in 2025. we have seen an increase of profitability in 2025 and a flattish development of sales. Excluding FX, where we ended up with EUR 8.017 billion sales. If we consider FX, then we have a reduction of sales of 2.1% to EUR 7.55 billion. Our growth continues in electronics, where we grew by 6.9% to more than EUR 3.2 billion, specifically driven by products like radar sensors, battery management systems, car access systems



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