Hyundai Motor Co (HYMLF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

We will now begin Hyundai Motor Company's business result conference call for the fourth quarter of 2025. Once again, the presentation material can be downloaded from the Financial Supervisor Services electronic disclosure system at dart.fss.or.kr or the IR website at www.hyundai.com. Joining us are EDP Seung Jo Lee, Planning and Finance Division, Bibi Cha Yong-Koo, Head of R&D Division, Harry Ahn, Head of Finance Accounting Sub-Division, Michael Yoon, Head of R&D Group, VP Young-Seok Lee, Head of Planning and Finance Division of Hyundai Capital. We'll first have H&C's presentation on the business results followed by Q&A session with the attending investors. Those who have questions are advised to press the star button followed by number one after presentation. Now we'll proceed with the presentation by Michael Yoon, Head of IR Group at HMC. Hello, this is Michael Yoon, Head of IR Group. Welcome everyone to Hyundai Motor Company 2025 Q4 Business Results Conference Call. On behalf of Hyundai Motor Company, I appreciate your time for joining today's call. And please refer to the presentation HMC 2025 Q4 Business Results on the IR website. The presentation includes quarterly key messages, sales performance, and profit analysis. And for quarterly summarized cash flow statement and detailed regional sales breakdowns, please refer to the appendix. First Q4 Key Messages Despite concerns over tariff impact and the resulting flow down in demand, strong sales performance led to the highest fourth quarter revenue on record. Particularly in the U.S. market, we have achieved annual wholesale sales of 1 million units for the first time, driven by strong hybrid sales and a diversified SUV lineup. Finally, thanks to the robust hybrid sales in the U.S. market, the share of global hyb...