South Korea · Delayed Price · Currency is KRW Hanwha Aerospace Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 saw 5% sales growth and 21% higher operating profit year-on-year, driven by strong domestic demand and robust performance in Hanwha Ocean and Hanwha Systems. Export volumes are expected to rise from Q2, with a strong order backlog and continued market expansion in Europe and the Middle East.
Fiscal Year 2025
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Q3 2025 saw a 147% year-on-year sales surge and 79% operating profit growth, led by Land Systems and Aerospace. Strong order backlog, ongoing global expansion, and robust export margins support continued growth, with solid guidance for 2025 deliveries.
Fiscal Year 2024
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Annual revenue and operating profit hit record highs in 2024, driven by strong Land Systems and export growth. Hanwha Ocean consolidation and increased stake boosted assets and non-operating profit, while 2025 guidance points to continued expansion and stable margins.
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Q3 2024 saw a 62% year-over-year sales increase and a fivefold rise in operating profit, driven by strong Land Systems and Hanwha Systems performance. Net profit rebounded, order backlog remains robust, and major investments and contracts support a positive outlook.
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Q2 2024 saw a 46% year-on-year sales surge and a four-fold rise in operating profit, driven by robust land systems exports and Hanwha Systems' performance, though net profit fell due to last year's one-time gains. Export and domestic shipments are set to grow through year-end, with strong order backlogs and ongoing global demand.