Luceco Earnings Call Transcripts
Fiscal Year 2025
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Revenue and profit rose strongly, driven by EV charger growth, successful acquisitions, and margin expansion. Cash generation improved, the dividend increased 20%, and the outlook for 2026 is positive despite global uncertainties.
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Revenue grew nearly 15% year-over-year to £126 million, driven by acquisitions and strong EV charger growth. Gross margin improved to 42%, and EPS rose 3.5%. H2 is expected to be stronger, with further gains from new products, synergies, and the Hive contract.
Fiscal Year 2024
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Revenue grew 16% to £242.5m with strong market share gains and operating profit up 20%. EV charging and international segments delivered standout growth, while acquisitions and innovation drive future upside. Gross margin hit a record 40.1%.
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Revenue grew 8.4% and operating profit rose 16% despite a 3% market decline, driven by strong residential and EV charger sales, improved margins, and successful D-Line integration. Freight and copper costs remain headwinds, but outlook is optimistic for H2 and beyond.