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HELLA (HLE) investor relations material

HELLA Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary7 Nov, 2025

Executive summary

  • Electronics business grew 8.3%–9.5% year-over-year, led by radar and energy management, while Lighting declined 7.3%–8.5% due to project completions and volume reductions.

  • Lifecycle Solutions returned to growth in Q3 after earlier declines, with a stable 10% margin.

  • Overall sales were stable, with FX-adjusted growth of 0.4% and reported sales down 1.1% year-over-year.

  • Operating income margin remained stable at 5.8%, supported by cost discipline and structural programs.

  • Net cash flow improved to €68 million from -€8 million last year, aided by reduced CapEx and working capital management.

Financial highlights

  • Sales for the nine months were €5.87 billion, down 1.1% year-over-year; FX-adjusted sales up 0.4%.

  • Gross profit margin was 22.8%, down from 23.2% last year.

  • Operating income margin was 5.8% for the period.

  • Net income was €108 million, down from €310–311 million last year, impacted by restructuring and absence of prior year’s BHTC sale gain.

  • Net cash flow improved to €68 million, with CapEx reduced by 23% year-over-year.

Outlook and guidance

  • Sales guidance confirmed at €7.6–8.0 billion for the full year.

  • Operating income margin expected between 5.3% and 6%; net cash flow of at least €200 million, assuming stable semiconductor supply.

  • Global light vehicle production expected to grow 2.0% in 2025, led by China; declines anticipated in Americas and Europe.

  • Anticipates volume reductions in Europe and Americas in Q4 due to Nexperia shortages; China stable.

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Frequently asked questions

HELLA GmbH & Co. KGaA is a global automotive supplier specializing in lighting systems, electronics, and aftermarket products. The company develops and manufactures innovative lighting solutions, including headlamps and rear lamps, as well as electronic components such as sensors, actuators, and energy management systems. The company is headquartered in Lippstadt, Germany, and its shares are listed on the FSE (Frankfurt Stock Exchange).

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