Johnson Electric (179) investor relations material

Executive summary

• Sales for the June 2026 quarter reached US$936 million, up 2% year-over-year, with favorable currency movements and new business wins, especially in Asia-Pacific, contributing to growth.

• Automotive Products Group (APG) sales were flat excluding currency effects, with Asia-Pacific up 4%, Americas up 2%, and EMEA down 6%.

• Industry Products Group (IPG) sales rose 5% year-over-year excluding currency, with Asia-Pacific up 32%, EMEA down 7%, and Americas down 5%.

• The group targets mid-single-digit growth, leveraging new product launches and market share gains across automotive, consumer, and industrial applications.

• Modest overall growth was supported by program ramp-ups and strong Asia-Pacific performance.

Financial highlights

• Group sales increased by US$21 million to US$936 million for the June 2026 quarter.

• Favorable currency movements, particularly stronger RMB and EUR against USD, contributed US$14 million to reported sales growth.

• APG sales were US$778 million, up 2% year-over-year; IPG sales were US$158 million, up 6%.

Outlook and guidance

• Visibility remains limited due to macroeconomic, geopolitical, and trade tariff uncertainties.

• Management remains confident in the growth trajectory, focusing on innovation and expanding platforms in distributed power, thermal management, liquid cooling, and robotics.

• Medium- to long-term growth expected from investments in innovation and expansion into new platforms.