Hyundai Motor Co (HYMLF) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for attending this conference call. We will now begin Hyundai Motor Company's business results conference call for the fourth quarter of 2024. Once again, the presentation materials can be downloaded from the Financial Supervisory Services Electronic Disclosure System at dartsfss.or.kr or from our IR website, www.hyundai.com. Joining us at this conference call are Executive Vice President Seung Jo Lee, Head of Planning and Finance Division, Executive Vice President Da Hyun Goo, the Head of IR Division, Vice President Dong Hwan Kim of Finance and Accounting Subdivision, Michael Yoon, the Head of IR Group, and Senior Vice President Hyung Seok Lee, the Head of Planning and Finance Division of Hyundai Capital. We will first have Hyundai Motor Company's presentation on the business result, followed by a Q&A session with the attending investors. Those who have questions are advised to press the star button followed by number one after the presentation. Now we will proceed with the presentation by Michael Yoon, the Head of IR Group at Hyundai Motor Company. Hello, this is Michael Yoon, Head of IR Group. Welcome everyone to Hyundai Motor Company's 2024 Q4 Business Results Conference Call. On behalf of Hyundai Motor Company, I appreciate your time for participating in today's call. please refer to the presentation HMC 2024 Q4 business results on our IR website. Today's presentation consists of two parts, sales summary and financial summary. For more information, please refer to the appendix page. First part is sales summary. Our 2024 Q4 global wholesale decreased by 2.2% year-on-year to 1,066,239 units while retail sales decreased by 0.8% year-over-year to 1,075,434 units. In the fourth quarter, our global wholesale decreased slightly compared ...