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OPmobility (OPM) investor relations material
OPmobility Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 consolidated revenue was €2,437m, up 3.2% reported and 2.8% LFL, outperforming global automotive production, down 1.9%.
All three segments grew; Europe, the US and parts of Asia offset a steep China decline.
Strategic developments included the planned Hyundai Mobis lighting acquisition and the opening of a fourth plant in Morocco.
Financial highlights
Q3 consolidated revenue was €2,437m, up 3.2% reported and 2.8% LFL; currency effect was +€19m and scope effect -€11m.
Q3 economic revenue was €2,763m, up 1.6% reported and stable LFL; nine-month consolidated revenue was €7,639m, up 1.1% LFL.
Nine-month economic revenue totaled €8,585m, down 1.1% reported and up 0.2% LFL; consolidated revenue declined 0.7% reported and grew 1.1% LFL.
Outlook and guidance
FY2026 targets: operating margin €430m–€450m, free cash flow above €220m, significant net income attributable to owners, and net debt below the FY2025 year-end level.
FY2026 restructuring costs are expected at €120m–€130m for industrial-footprint, competitiveness and R&D adjustments.
Q4 2026 is expected to outperform Q4 2025; further customer production cuts are expected in November, mainly in Europe, with December visibility unclear.
China is expected to improve in 2027 versus 2026, though the extent of market recovery remains uncertain.
Annual objectives were adjusted for market conditions, volatile raw-material and component prices, and revised manufacturer production forecasts.
- Reset 2026 targets and European restructuring prioritize cash generation and competitiveness.OPM
Status update - Stable margins and strong cash flow support expansion and 2026 guidance in key markets.OPM
H1 2026 - Strong financials, strategic expansion, and board renewals amid market volatility and innovation focus.OPM
AGM 2026 - Stable Q1 2026 revenue outperformed a shrinking market, led by North America and Asia growth.OPM
Q1 2026 TU - Q3 2025 organic revenue rose 2.6%, driven by North America and Asia, with 2025 outlook confirmed.OPM
Q3 2025 TU - Operating margin up 11.1% to €260M, free cash flow up 5%, 2025 outlook confirmed.OPM
H1 2025 - H1 2024 revenue and margin rose, led by US and hydrogen growth; 2024 outlook confirmed.OPM
H1 2024 - Strong 2024 results, higher dividend, and all AGM resolutions approved.OPM
AGM 2025 - Q1 2025 revenue up to 4.0%, outpacing the market with 2025 guidance and cost controls reaffirmed.OPM
Q1 2025 TU
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