Hong Kong · Delayed Price · Currency is HKD Nexteer Automotive Group Earnings Call Transcripts
Fiscal Year 2025
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Record 2025 revenue of $4.6B was driven by strong APAC growth, new program launches, and Steer-by-Wire wins. EBITDA rose 11.2% and net profit reached $102M, with a doubled dividend payout. 2026 guidance calls for above-market growth and margin expansion, led by APAC.
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Record H1 2025 revenue of $2.2B (+6.8% YoY) driven by APAC growth and new tech launches. EBITDA rose 16.8% to $230M, net profit quadrupled, and $1.5B in new bookings secured. On track for $5B bookings in 2025, with strong APAC momentum and tariff mitigation plans.
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Record Q1 program launches and strong bookings, especially in China, drive above-market revenue growth. Motion-by-wire technology expansion and regained North American business highlight strategic progress, while tariff mitigation and supply chain optimization support margin expansion.
Fiscal Year 2024
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Record revenue and EBITDA growth in 2024 were driven by APAC expansion, new program launches, and strong bookings, especially in advanced steering technologies. Margin improvement and a tripled dividend reflect operational efficiency, while tariff and program cancellation risks remain.
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Revenue was flat at $2.1B in H1 2024, with EBITDA up 6% and strong APAC growth offsetting North America declines. Bookings reached $2.1B, with a full-year target of $6B, and EBITDA margin is expected to exceed 10% for the year.