Hyundai Motor Company (005380) investor relations material

Executive summary

• Achieved record high Q1 revenue of KRW 45.9 trillion, up 3.4% year-over-year, despite a global demand slowdown of 7.2% and geopolitical risks.

• Global market share rose by 0.3 percentage point to 4.9%, with U.S. share up 0.4 points to above 6% for four consecutive quarters.

• Hybrid vehicle sales reached 174,000 units globally, accounting for 17.8% of total sales, with the U.S. HEV sales ratio at 24.8%.

• Operating profit declined 30.8% year-over-year to KRW 2.5 trillion, with net income down 23.6% to KRW 2.6 trillion.

Financial highlights

• Consolidated revenue: KRW 45.9 trillion (+3.4% YoY); operating income: KRW 2.5 trillion (-30.8% YoY); net income: KRW 2.6 trillion (-23.6% YoY).

• EBITDA was KRW 3,926B, down 20.3% YoY but up 28.2% sequentially.

• Operating margin at 5.5%, down from previous year.

• Cost of goods sold ratio increased to 82.5% (+2.7pp YoY) due to higher material costs.

• Finance business revenue up 21.5% YoY; operating profit up 1.4%.

Outlook and guidance

• Annual operating margin guidance maintained at 6.3%-7.3%.

• Confident in achieving guidance through new model launches and continued contingency measures.

• Management expects continued growth in eco-friendly vehicle sales and market share, but notes ongoing volatility from macroeconomic headwinds, tariffs, and geopolitical risks.