Lenovo Group Ltd S/Adr (LNVGY) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, good afternoon, and good evening. Welcome to Lenovo's Earnings Investor Webcast. This is Lixi Yuan, Director of Investor Relations at Lenovo. Thanks everyone for joining us. Before we start, let me introduce our management team joining the call today. Yuanqing Yang, Lenovo's Chairman and CEO. Winston Cheng, Group CFO. Luca Rossi, President of Intelligent Devices Group. Ashley Grapparala, President of Infrastructure Solutions Group, Ken Wong, President of Solutions and Services Group, and Sergio Buniac, Senior VP of Mobile Business Group and President of Motorola. We will begin with earnings presentations, and after that, we'll open the call for questions. Now, let me turn it over to Yuanqing. Yuanqing, please. Hello everyone and thank you for joining our earnings quarter there. Our strategic foresight and firm execution enabled us to deliver the best year in Lenovo's history while navigating a complex and challenging external environment. Last quarter, despite the supply shortages and rising component costs, We committed to sustaining growth and improving profitability, leveraging our operational excellence. We delivered and achieved a significant increase in group revenue and net income, both reaching the highest year-on-year growth in the last 20 quarters. We promised to maintain our PC revenue momentum despite our slowdown in PC shipment due to rising costs. We delivered. We shifted our mix towards premium to improve average unit revenue and our PC shipment growth continued to outperform the market. Our PC revenue significantly increased by 28% year on year. Regarding our infrastructure solution growth, we promised to return it to sustainable, profitable growth. Once again, we delivered. Through business transformation, strategic restructuring, and b...