Visteon Corporation (VC) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. I'm Chris Doyle, Vice President of Investor Relations and FP&A. Welcome to our earnings call for the fourth quarter of 2025. Before we begin this morning's call, I'd like to remind you that today's presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and are subject to various risks, uncertainties, and assumptions that could cause actual results to differ materially from those expressed. Please refer to the page titled Forward-Looking Information in our earnings material for more detail. Presentation materials for today's call were posted this morning on the Investors section of Vistion's website. You can download them at investors.vistion.com if you haven't already done so. Joining us today are Sachin Ollande, President and Chief Executive Officer, and Jerome Rouquet, Senior Vice President and Chief Financial Officer. We schedule the call for one hour, and we'll open the lines for questions after Sachin's and Jerome's prepared remarks. Please limit your participation to one question and one follow-up. Thank you again for joining us. Now I'll turn the call over to Sachin. Thank you, Chris, and good morning, everyone. Overall, we delivered a strong performance in 2025 despite several industry challenges. Net sales for the year were $3,768,000,000, coming in largely as we expected at the beginning of the year. From a product perspective, displays will stand out, with sales growing approximately 20% year-over-year, reflecting strong customer demand for larger and advanced displays, as well as our execution capabilities. Growth over market was muted in 2025 because of two well-understood factors we've discussed throughout the yea...