Hitachi Ltd Ord (HTHIF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

scheduled time has come so we will now begin Hitachi limited web conference on q1 fy 2025 earnings thank you very much for taking time out of your busy schedule to attend today's briefing the presentation materials are available on Hitachi limited IR website and news release website so please take a look Let me now introduce the three speakers. Tomomi Kato, Senior Vice President and Executive Officer, CFO. Hiroaki Ohno, Deputy General Manager of Finance Division. Shinichiro Tamai, Executive General Manager of Investor Relations Division. Mr. Kato will first explain the overview of the financial results. Please wait for a moment while we switch screens. Mr. Kato, please. First I will explain the structure of this document. I will start with the key points of this earning announcement followed by the results of the first quarter of the fiscal year 2025 and the outlook for fiscal year 2025 and segment results. I will now explain the key points. First, the results of the first quarter of fiscal year 2025. Despite the impact of exchange rate fluctuations in U.S. tariffs, the energy power plants business and the mobility railways assistance business performed well, driven by the continued expansion of GX demand. Expanse's consolidated results showed both increased revenues and increased profits. Justin Evita achieved a record high. Additionally, a core free cash flow increased significantly air-on-air due to the concentration of advance payments for large-scale projects. However, even excluding large advance payments, there was an increase air-on-air. Here I will explain the five key performance indicators. First, revenues excluding foreign exchange defense grew by 5% year-on-year. Adjusted EBITDA increased year-on-year, and the adjusted EBITDA margin also improved by 0.4 ...