HELLA GmbH & Co. KGaA (HLLGY) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the Heller Investor Call on the results for the first quarter of fiscal year 2026. This call will be hosted by Professor Peter Leier, the CEO, and Sila Vini, the CFO of Heller. At this time, all participants have been placed on a listen-only mode. The floor will be open for questions following the presentation by the telephone. Turn the floor over to your host, Peter Leier. Thank you very much, and Good morning to everybody and a warm welcome to our Q1 investor call. We have prepared as usual a short agenda for today's call. We would like to talk at first about our achievements in Q1, followed by the financial results. Then we will talk about the financial outlook of 2026 again. and at the end we will summarize with key takeaways and after that we are for sure open and happy to take your questions. Next slide. Let me talk about achievements at first. You see here sales in first quarter is somehow flat. We have an increase of cost measures to safeguard our profitability. If you look a little bit to the The sales at first more in detail, as I mentioned, at constant at X sales is year over year nearly flat with a slight increase by 0.2%. We achieved an absolute figure of 2.001 million Euro sales. If you look a little bit more to the details of sales, you see that electronics sales year over year increased by 6.8 percent to 832 million, mainly driven by radar and energy management business. In the lighting business group, we have opposite development year over year. We have a decrease of sales of 7.7 percent, and we achieved there 834 million. mainly affected by phase-out of programs and as well lower calls. In our third business group, the Lifecycle Solutions, sales was up by 5.6% in first quarter. We achieved 260 milli...