Nexteer Automotive Group Limited (NTXVF) Q4 2024 Earnings Call Transcript

2025-03-19 14:42:03 ET

Nexteer Automotive Group Limited (NTXVF)

Q4 2024 Results Conference Call

March 19, 2025 08:00 AM ET

Company Participants

Tony Wang - Director of Investor Relations

Robin Milavec - Executive Director, President, CTO, and CSO

Mike Bierlein - Senior Vice President and CFO

Conference Call Participants

Tim Hsiao - Morgan Stanley

Rebecca Wen - J.P. Morgan

Yiming Liu - Haitong Securities

Bin Wang - Deutsche Bank

Presentation

Operator

Ladies and gentlemen, welcome to Nexteer Automotive Group Limited 2024 Annual Results Conference Call. All participants will be in a listen-only mode. [Operator Instructions]. After today's presentation, there will be an opportunity to ask questions. [Operator Instructions].

I would now like to turn the conference over to Investor Relations Director, Mr. Tony Wang. Please go ahead.

Tony Wang

Thank you, Betty. Again, welcome everyone to our earnings call for the full year 2024. We made the announcement of our annual results this evening, Hong Kong time. Before we begin today's call, I would like to remind you that this presentation contains a safe harbor statement. For additional information, please refer to the content in the second page. The presentation and today's call are available on our company's website. Please visit nexteer.com to download slides if you have not done yet.

Joining us today are Robin Milavec, Executive Board Director, President, CTO, and Chief Strategy Officer; Mike Bierlein, Senior Vice President and CFO; Herve Boyer, Senior Vice President and COO. Starting the presentation, Robin and Mike will provide the business and financial highlights, respectively. And then we will open the lines for your questions. Please follow the limit of two questions per person.

With that, let me turn the call over to our President, Robin.

Robin Milavec

Thank you, Tony, and good day to everyone on the call today. So, as we move forward into the new year, our focus will be on driving innovation and growth and working to fulfill our vision of being the leading motion control technology company, accelerating mobility to be safe, green, and exciting. To clearly define that path, our leadership team recently completed a comprehensive corporate strategy planning process that included all of our functions, our divisions, and product lines. We highlighted our clear strengths and global presence, our competencies, customer relationships and satisfaction, and product performance.

We also identified opportunities to improve operational efficiencies with automation, leveraging AI technology, expanding our vertical integration, and localization to capitalize on market expansion and growth, and to increase innovation to drive profitable growth. ...

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