EcoPro BM
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EcoPro BM (247540) investor relations material

EcoPro BM Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary4 Aug, 2026

Executive summary

  • Sales declined 4.7% sequentially and 26% year-over-year in 2Q26, mainly due to stagnant EV demand in North America and flat sales in Europe amid OEM model changes.

  • Operating profit dropped 14% QoQ and 63% YoY to KRW 18.0 bn, reflecting Hungary plant ramp-up costs.

  • EBITDA margin improved slightly to 7.1% in 2Q26 from 6.4% in 1Q26, but down from 9.9% YoY.

Financial highlights

  • 2Q26 revenue was KRW 5,767 bn, down 5% QoQ and 26% YoY.

  • Operating profit was KRW 180 bn, with an operating margin of 3.1%.

  • EBITDA reached KRW 407 bn, with a margin of 7.1%.

  • Net income for 2Q26 was -KRW 5 bn, a significant decline from KRW 122 bn in 1Q26.

Outlook and guidance

  • North American market expected to remain slow due to the end of consumer subsidies.

  • European OEM model changes to negatively impact sales, but new vehicle launches may offset this.

  • Non-EV sectors, especially Power Applications, are expected to grow, driven by data center expansion and E-bike demand in Southeast Asia.

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