HELLA GmbH & Co. KGaA (HLKHF) Q4 2024 Earnings Call Transcript

2025-02-28 09:35:40 ET

HELLA GmbH & Co. KGaA (HLKHF)

Q4 2024 Earnings Conference Call

February 27, 2025 04:00 AM ET

Company Participants

Bernard Schäferbarthold - Chief Executive Officer

Philippe Vienney - Chief Financial Officer

Conference Call Participants

Akshat Kacker - JPMorgan

Christoph Laskawi - Deutsche Bank

Sanjay Bhagwani - Citi

Presentation

Bernard Schäferbarthold

Yes. Good morning to all of you and a very warm welcome to our call related to our Preliminary Results of the Fiscal Year 2024. Today's agenda on page 2 is on the results and also on the outlook for 2025.

Please let me start on page 4 to give you an overall view on our key results. So, overall, we surpassed first time €8 billion in 2024. If we look at the sales development especially in Q4, we have seen a decent development for our business in the electronics. We have grown in electronics by around 3%. So a good acceleration especially for our radar business, but as well for energy management and our body electronics business.

Also our business in aftermarket has grown in the fourth quarter quite decently. So we had overall in the aftermarket a good year with an outperformance against the market overall a growth of 4.4%. And negatively within the life cycle business, our business in SOE but as well workshop products declined, so that overall life cycle was shrinking.

Negatively we have seen in lighting that the fourth quarter was lower, because of changes within bigger programs where we have seen ramp downs and we are actually in preparation for ramp-ups. This is something, which we will also continue to see now starting into the year for lighting overall, but more to that also when I come to the guidance overall....

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