May 27, 2025 / 08:30AM GMT
Andreas Huerlimann - Lem Holding SA - Non-Executive Chairman of the Board of Directors
Ladies and gentlemen, thanks for coming here today for the full-year results '24-'25 conference of LEM Holding and a warm welcome from my side also to the participants who join us via phone conference. I'm Andreas Huerlimann, Chairman of the Board, and I'm here, too, with our CEO Frank Rehfeld and with Thomas Mellano, VP Finance.
'24-'25 was an exceptional year. It was shaped by geopolitical and economic uncertainties and persistent market headwinds. While LEM was under pressure in the first half due to cautious customer spending and high inventory levels, we saw encouraging signs of recovery in the fourth quarter. China, in particular, showed stabilization, especially in the Automotive business, where we achieved growth and regained market share.
Demand in EMEA, the rest of Asia, and Americas remains subdued due to cautious capital investments and still elevated stock levels. Nevertheless, we observed early signs of normalization across our businesses, primarily also in Automotive, both Europe and
Full Year 2025 Lem Holding SA Earnings Call Transcript
May 27, 2025
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