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Benchmark Electronics (BHE) investor relations material

Benchmark Electronics Small-Cap Virtual Conference summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Small-Cap Virtual Conference summary17 Sep, 2025

Leadership transition and strategy

  • Incoming CEO David Moezidis will take over in March, with outgoing CEO Jeff Bank remaining as an advisor for a year to ensure a seamless transition.

  • Moezidis brings over 25 years of experience from Flex, focusing on accelerating current strategies rather than initiating major changes.

  • The leadership team is committed to building on a strong foundation and driving further growth.

Growth outlook and sector performance

  • A commercial go-to-market pivot has led to record bookings and strong growth, especially by expanding relationships with existing customers and targeting high-margin sectors.

  • Medical sector has rebounded post-COVID, with inventory issues resolved and new business wins, including competitive takeaways.

  • Advanced compute and communication (ACC) sector is ramping up with new AI-related wins, expected to drive growth from Q4 onward.

  • Aerospace and defense (A&D) continues to perform well, while industrial is stabilizing and growing through targeted investments and geographic shifts.

  • Semiconductor capital equipment sector has outperformed the market despite a broader slowdown, with market recovery timing now expected between 2025 and 2026.

Customer and business development

  • Account management and business development teams have been expanded to deepen existing relationships and selectively pursue new logos that fit strategic priorities.

  • Focus remains on sectors with higher margins and less price competition, leveraging engineering and vertical capabilities.

  • Recent wins include competitive takeaways and geographic shifts, such as moving business from Mexico to Thailand and from Japan to Thailand.

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Frequently asked questions

Benchmark Electronics Inc. provides engineering, manufacturing, and supply chain services to original equipment manufacturers. The company serves various industries, including medical, aerospace and defense, industrial, semiconductor capital equipment, and advanced computing. Benchmark offers product design, printed circuit board assembly, testing, and after-market services. The company is headquartered in Tempe, Arizona, and its shares are listed on the NYSE.

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