Hyundai adjusts full-year forecast, citing tariffs, ahead of investor day

Core Viewpoint - Hyundai Motor is raising its revenue expectations for the year while lowering its expected operating profit margin for 2025 due to ongoing U.S. tariffs [1][2] Financial Targets - The company has set a new operating profit margin target for this year between 6% and 7%, down from the previous range of 7% to 8% [1] - Revenue is expected to increase by 5% to 6%, which is a 2 percentage point increase compared to 175.2 trillion South Korean won (approximately US$12.7 billion) in 2024 [1] Growth Plans - Hyundai reconfirmed its ambitious growth plans, aiming to increase annual sales to 5.55 million units by 2030, representing a roughly 34% increase from last year's global sales of 4.14 million units [3] - The CEO investor day event is significant as it marks the first time the company has hosted this event outside of South Korea and the first for CEO Jose Munoz, who began leading the automaker this year [2][3]