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Lenovo Group (FRA:LHL) PensionAndRetirementBenefit : €222 Mil (As of Mar. 2024)


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What is Lenovo Group PensionAndRetirementBenefit?

Lenovo Group's PensionAndRetirementBenefit for the quarter that ended in Mar. 2024 was €222 Mil.

Lenovo Group's quarterly PensionAndRetirementBenefit declined from Sep. 2023 (€226 Mil) to Dec. 2023 (€216 Mil) but then increased from Dec. 2023 (€216 Mil) to Mar. 2024 (€222 Mil).

Lenovo Group's annual PensionAndRetirementBenefit declined from Mar. 2022 (€309 Mil) to Mar. 2023 (€240 Mil) and declined from Mar. 2023 (€240 Mil) to Mar. 2024 (€222 Mil).

Lenovo Group PensionAndRetirementBenefit Historical Data

The historical data trend for Lenovo Group's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lenovo Group PensionAndRetirementBenefit Chart

Lenovo Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PensionAndRetirementBenefit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 414.84 362.80 309.21 240.27 222.09

Lenovo Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PensionAndRetirementBenefit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 240.27 234.24 225.61 216.47 222.09

Lenovo Group PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.

Lenovo Group (FRA:LHL) Business Description

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LNVGY:USA LNVGF:USA 00992:Hong Kong
Address
979 King's Road, 23rd Floor, Lincoln House, Taikoo Place, Quarry Bay, Hong Kong, HKG
Website
https://www.lenovo.com
Lenovo is a global technology hardware company with a leading market share in personal computers. Its operations are divided into three main business segments: PC and smart devices, mobile, and data center, which we expect to account for 55%, 11%, and 19% of sales in the midterm, respectively. The firm has been actively growing its data center business, which primarily sells network servers to enterprise and hyperscale customers, as well as storage equipment through its mainland China joint venture with NetApp. Server-related revenue contribution has jumped to 16% of overall sales in fiscal 2022, from 6% in 2015.

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