Methode Electronics (NYSE:MEI) Earnings Call Presentation

Financial Performance & Guidance - FY25 sales reached $1.05 billion[13] - Q1 Income from Operations increased by $9 million due to S&A reductions and operational improvements[8] - FY26 sales guidance midpoint is $950 million[26], compared to $1.048 billion in FY25[26] - FY26 Adjusted EBITDA guidance midpoint is $75 million[26], representing 7.9% of sales[26], compared to $43 million in FY25, which was 4.1% of sales[26] Business Segments & Geography - FY25 sales breakdown: Automotive 45%, Industrial 40%, Interface 15%[13] - FY25 sales by geography: Asia 49%, Europe & Africa 46%, North America 5%[13] Power Solutions - Power Solutions sales have grown from $116 million in FY22 to $252 million in FY25[19], driven by EV, Data Center, and Mil/Aero applications[20] - Power Solutions has experienced a sales CAGR of 30% since Fiscal 2022[20] Transformation & Strategy - The company is executing a transformation plan focused on stabilizing the base, improving operations, and leveraging synergies[21] - Key priorities for FY26 include refining the organization, executing program launches, and driving operational execution[22, 23]