Hella Gmbh & Co. Kgaa · XETR:HLE
Hella Gmbh & Co. Kgaa — Hella — Q1 FY2026 Earnings Presentation
23 slides from Hella Gmbh & Co. Kgaa's earnings presentation, Apr 29, 2026
Slide 1: HELLA Q1 2026 Results
HELLA Q1 2026 RESULTS January 1, 2026 – March 31, 2026 April 29, 2026
Slide 2: Agenda
01 Achievements 02 Financial Results AGENDA 03 Outlook FY 2026 04 Key Takeaway P.2 | HELLA Q1 FY 2026 Results | Conference Call, April 29, 2026
Slide 3: Achievements
01 ACHIEVEMENTS HELLA Q1 FY 2026 Results P.3 | HELLA Q1 FY 2026 Results | Conference Call, April 29, 2026
Slide 4: HELLA sales flat – increase of cost measures to safeguard future profitability
HELLA SALES FLAT – INCREASE OF COST MEASURES TO SAVEGARD FUTURE PROFITABILITY ORGANIC SALES FLAT OI MARGIN AT 5.0% NET CASH FLOW UP › At constant FX, sales YoY +0.2% › OI Margin at 5.0% mainly due to › Net Cash Flow at -€49m vs. to €2,001m Lighting -€61m Q1 FY 2025 • Electronics sales1 YoY up 6.8% ›
Slide 5: Order intake well on track – further diversification with respect to regions and segments
ORDER INTAKE WELL ON TRACK – FURTHER DIVERSIFICATION WITH RESPECT TO REGIONS AND SEGMENTS Q1 FY 2026 order highlights STRONG ORDER INTAKE IN CORE GROWTH PRODUCTS › LV-BMS & car access order from European OEM for the Chinese & European market, SOP 2027 ELECTRONICS › LV-DC/DC converter roll-out busine
Slide 6: Financial Results
02 FINANCIAL RESULTS HELLA Q1 FY 2026 Results P.6 | HELLA Q1 FY 2026 Results | Conference Call, April 29, 2026
Slide 7: Group organic sales stable – Electronics and Lifecycle business growing
GROUP ORGANIC SALES STABLE – ELECTRONICS AND LIFECYCLE BUSINESS GROWING GROUP SALES IN €M Global outperformance and further success in -2.9% -62 Electronics 1,997 4 1,939 › Electronics with continued strong growth momentum, +0.2% sales notably driven by radar & energy management like LV-DC/DC and IB
Slide 8: Global market outperformance driven by APAC and Europe
GLOBAL MARKET OUTPERFORMANCE DRIVEN BY APAC AND EUROPE HELLA GROUP PERFORMANCE AT CONSTANT FX +0.2% HELLA -3.4% market Electronics strong in Europe, Lighting growth Global outperformance +3.5% in China EUROPE AMERICAS ASIA/ PACIFIC, ROW › Successful business development in the radar segment as well
Slide 9: Electronics with continued sales momentum – profitability increase supported by cost reductions
ELECTRONICS WITH CONTINUED SALES MOMENTUM – PROFITABILITY INCREASE SUPPORTED BY COST REDUCTIONS Strong organic sales growth, radar business with global momentum › Europe: new launches and ramp-ups of 77Ghz radar business over-compensated lower volumes for single programs of In €m Q1 FY 2025 Q1 FY 20
Slide 10: Lighting with declining sales – call for action to restore competitiveness
LIGHTING WITH DECLINING SALES – CALL FOR ACTION TO RESTORE COMPETITIVENESS AND IMPROVE OI MARGIN Sales harmed by the end of series projects – growth in China › Europe: phasing-out of series projects and lower volumes only partly compensated by ramp-ups of successor projects & new In €m Q1 FY 2025 Q1
Slide 11: Lifecycle Solutions back to growth – margin improvement
LIFECYCLE SOLUTIONS BACK TO GROWTH – MARGIN IMPROVEMENT WITH TOP LINE DEVELOPMENT AND SAVINGS Positive sales development due to Special OE business › Special OE: significant sales increase with market recovery especially in customer segments Agriculture, Construction In €m Q1 FY 2025 Q1 FY 2026 mach
Slide 12: Increase of EBIT and net income
INCREASE OF EBIT AND NET INCOME In €m1 Q1 FY 2025 Q1 FY 2026 YoY Change Sales 1,998 1,939 - 2.9% COGS (1,532) (1,526) -0.4% DOUBLE-DIGIT PERCENTAGE INCREASE % of sales -76.7% -78.7% +198bps OF EBIT AND NET INCOME Gross Profit 465 413 - 11.2% › EBIT up by 21.3% to €60m % of Sales R&D 23.3% (208) 21.3
Slide 13: Increase of net cash flow with continuous investment discipline
INCREASE OF NET CASH FLOW WITH CONTINUOUS INVESTMENT DISCIPLINE NET CASH FLOW TANGIBLE CAPEX in €m and % of sales in €m and % of sales 135 82 +12 -49 -39.4% -61 Q1 FY 2025 Q1 FY 2026 Q1 FY 2025 Q1 FY 2026 -3.0% -2.5% 6.7% 4.2% UP BY €12M TO -€49M DOWN BY 39% TO €82M › Higher EBIT › Stringent CAPEX g
Slide 14: Outlook FY 2026
03 OUTLOOK FY 2026 HELLA Q1 FY 2026 Results P.14 | HELLA Q1 FY 2026 Results | Conference Call, April 29, 2026
Slide 15: Declining market in 2026 coming from a strong PY – negative impact of Iran war
DECLINING MARKET IN 2026 COMING FROM A STRONG PY – NEGATIVE IMPACT OF IRAN WAR ON LVP EXPECTED Expected global light vehicle production Expected light vehicle production per region in million units, S&P Global Mobility per April 2026 in million units, S&P Global Mobility per April 2026 -1.8% H1/2026
Slide 16: HELLA FY 2026 outlook confirmed
HELLA FY 2026 OUTLOOK CONFIRMED COMPANY OUTLOOK JAN 1, 2026, TO DEC 31, 2026, taking into consideration the S&P forecast of around 91.4 million light vehicles to be produced in 2026 Sales Between around €7.4 to €7.9 billion Currency and portfolio adjusted OI Margin Between around 5.4% to 6.0% of sal
Slide 17: Key Takeaways
04 KEY TAKEAWAYS HELLA Q1 FY 2026 Results P.17 | HELLA Q1 FY 2026 Results | Conference Call, April 29, 2026
Slide 18: Key Takeaways
KEY TAKEAWAYS OUTLOOK FY 2026 – FOCUS ON LIGHTING SOLID START TO 2026 NO MARKET TAILWIND TRANSFORMATION › Stable sales at €2bn, supported › HELLA outlook FY 2026 › Consequent realization of by growth in Electronics and confirmed transformation program Lifecycle Solutions • Sales between around • red
Slide 19: Appendices
APPENDICES P.19 | HELLA Q1 FY 2026 Results | Conference Call, April 29, 2026
Slide 20: Upcoming Events
UPCOMING EVENTS April 30, 2026 • AGM July 30, 2026 • H1 FY 2026 October 30, 2026 • Preliminary Q3 2026 November 12, 2026 • Q3 FY 2026 P.20 | HELLA Q1 FY 2026 Results | Conference Call, April 29, 2026
Slide 21: LVP production and group sales per region
LVP PRODUCTION AND GROUP SALES PER REGION Q1 FY 2025 Q1 FY 2026 HELLA Group sales Worldwide 1,997 1,939 in €m 1,143 1,141 Europe -0.1% 453 403 Americas -11.2% 401 394 Asia/Pacific & Rest of World -1.6% Light vehicle production Worldwide 22,253 21,504 in 1.000 units 4,366 4,328 Europe -0.9% 4,455 4,4
Slide 22: Disclaimer
DISCLAIMER ◦ This document was prepared with reasonable care. Certain numerical data, financial information and market data in this presentation have been rounded in accordance with commercial rounding. However, no responsibility can be assumed for the correctness of the provided information. In add
Slide 23: -ORVIA
-ORVIA (HELLA = —