Q2 2025 Hyundai Motor Co Earnings Call Transcript
Key Points
- Hyundai Motor Co (HYMTF) achieved record-high sales of hybrid models at 170,000 units, representing 15.8% of total sales.
- The Genesis brand showed solid performance, accounting for 5.5% of total sales, enhancing the company's fundamentals.
- Sales of eco-friendly vehicles increased by 36.4% year over year, driven by strong growth in the European and US markets.
- Hyundai Motor Co (HYMTF) recorded a 7.3% year-over-year increase in consolidated revenue, reaching KRW48.3 trillion.
- The favorable foreign exchange rate environment contributed positively to revenue and operating profit, with a KRW632.1 billion impact.
- Operating income fell by 15.8% year over year to KRW3.6 trillion, impacted by tariffs and increased incentives.
- Net income decreased by 22.1% year over year to KRW3.3 trillion.
- The cost of goods sold ratio increased by 2.7 percentage points to 81.1%, affecting profitability.
- The US tariff impact resulted in a KRW828 billion decline in operating profit.
- Market uncertainties and tariff impacts are expected to persist, potentially affecting future profitability.
Good afternoon. Thank you for joining us for HMC's 2025 Q2 earnings conference call. The presentation materials can be downloaded on dark.fss.or.kr, or HMC's website, www.hyundai.com, IR page.
For today's conference call, joining us today are Lee Seung Jo, executive Vice President and Head of Finance Division; Koo Zayong, EVP and Head of IR Division; Kim Chang Hwan, VP of Finance Accounting Division; and Michael Yun, Head of IR Group; and Lee Hyungseok, CFO of Hyundai Capital.
Let us share second-quarter earnings results first and have a Q&A session with the investors. (Operator Instructions)
Now, Michael Yun, Head of IR Group, will present the second-quarter business results.
Good afternoon. I am Yun Taesik, Head of IR Group. Welcome everyone to HMC's second-quarter business results conference call.
On behalf of the Hyundai Motor Group -- Hyundai Motor Company, I appreciate your time. And please refer to the
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