4Q and FY 2025 financial results 2 Cautionary statement In order to utilize the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995 (the 'PSLRA') and the general doctrine of cautionary statements, bp is providing the following cautionary statement : The discussion in this presentation contains certain forecasts, projections and forward -looking statements - that is, statements related to future, not past events and circumstances - with respect to the financial cond ...

Institutional Presentation FY'25 Strategic and Financial Analysis. Financial Division INDEX Our business model and strategy Group structure and businesses FY'25 results & activity Final remarks Links to public materials Logotipo El contenido generado por IA puede ser incorrecto. Our business model and strategy Santander, a leading financial group | FY'25 Highlights | | | | --- | --- | --- | | Total assets (€ bn) | 1 , | 868 | | Customer loans bn (€ excluding reverse repos) | 1 , | 024 | | Customer deposits ...

Disclaimer This presentation has been prepared by KT Corp.(the "Company") in accordance with K-IFRS. This presentation contains forward-looking statements, which are subject to risks, uncertainties, and assumptions. This presentation is being presented solely for your information and is subject to change without notice. No presentation or warranty, expressed or implied, is made and no reliance should be placed on the accuracy, actuality, fairness, or completeness of the information presented. The Company ha ...

Financial Data and Key Metrics Changes - In 2025, the company delivered $6 billion in revenue with a non-GAAP gross margin of 38.4%, reflecting disciplined execution and alignment with long-term strategy [7] - Free cash flow increased 17% year-over-year to $1.4 billion, achieving a record free cash flow margin of 24% [17][24] - For Q4, revenue was $1.53 billion, with a non-GAAP gross margin of 38.2% and earnings per share of $0.64, exceeding the midpoint of guidance [10][23] Business Line Data and Key Metrics Changes - Automotive revenue was $798 million, up approximately 1% quarter-over-quarter, indicating stabilization in the automotive market [21] - Industrial revenue was $442 million, up approximately 4% quarter-over-quarter, marking the first quarter of year-over-year growth in industrial revenue after eight quarters of declines [21] - AI data center revenue contributed more than $250 million for the full year, with growth in Q4 [12][21] Market Data and Key Metrics Changes - The aerospace, defense, and security segment saw a 70% year-over-year revenue increase, driven by North America and Europe [12] - The company is experiencing improving order trends across core markets, contributing to a positive outlook for 2026 [10][27] Company Strategy and Development Direction - The company has evolved from a manufacturing-centric to a product-centric model, focusing on high-margin product revenue and strategic investments in technology [8] - The introduction of the Treo Platform and expansion into high-growth markets like AI data centers and automotive zonal architecture are key strategic initiatives [7][11] - The company aims to achieve margin expansion through operational efficiency and a refined product mix, with a focus on differentiated products [18][19] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about improving demand conditions across automotive, industrial, and AI infrastructure markets [15][27] - The company anticipates that the groundwork laid over the past years will enable it to benefit from improving demand conditions [15] - Management highlighted the importance of aligning manufacturing capabilities with market demands to enhance gross margins [19][88] Other Important Information - The company announced a new $6 billion share repurchase program after returning approximately 100% of free cash flow to shareholders in 2025 [18][24] - The company is reducing fab capacity by 12% to improve operational efficiency, which is expected to lower depreciation costs in 2026 [19] Q&A Session Summary Question: What was going on in the other category? - Management noted that excluding exits, the company is above seasonal trends, and the decline in the other category was due to normal seasonality and $40 million in exits [30] Question: Can you discuss the AI data center market and its potential? - Management expressed confidence in the growth of the AI data center segment, highlighting the company's unique capabilities in high-voltage power supply and its broad product portfolio [32][33] Question: What is the expected run rate for non-core exits? - Management clarified that the $50 million exit in Q1 is part of a larger $300 million total for the year, with varying quarterly impacts [37] Question: How do you expect gross margins to progress? - Management indicated that gross margins are expected to improve due to increased utilization and ongoing FabRight initiatives, with a target of reaching low 40s% in the long term [88][90] Question: What is the outlook for the automotive market? - Management expects automotive revenue to be roughly flat in Q1 due to seasonal factors, but overall stabilization is anticipated [50]

Financial Data and Key Metrics Changes - Full year 2025 net sales reached $2.3 billion, an increase of 4.5% from 2024, with growth driven by pricing (3%), acquisitions (1%), and foreign exchange (1%), partially offset by a 1% decline in volume due to weaker housing starts [5][12] - Consolidated net sales for Q4 2025 increased 4.2% year-over-year to $539.3 million, with North America segment net sales up 3% to $416.9 million [17] - Consolidated gross profit increased 3.4% to $235.1 million, resulting in a gross margin of 43.6%, down 30 basis points from Q4 2024 [18] - Adjusted EBITDA for Q4 was $104.7 million, a decrease of 0.9%, resulting in a margin of 19.8% [22] Business Line Data and Key Metrics Changes - North American volumes were down year-over-year, pressured by lower housing starts, with the OEM business delivering strong growth with volume up double digits [7][8] - The component manufacturing business grew with volumes up in the low single digits, driven by new customer acquisitions and expanded capabilities [8] - The commercial business saw flat volumes year-over-year, while the residential business volume declined modestly due to challenging market conditions [10][11] Market Data and Key Metrics Changes - In Europe, full year net sales totaled $499.6 million, up 4.3% year-over-year, with volumes slightly higher compared to 2024 [12] - The North American market faced a decline in housing starts, with expectations of a 2-3% decrease for the year [29][74] - The commercial market is anticipated to be flat to up 1-2% in 2026, while national retail is expected to remain flat to low single digits [40] Company Strategy and Development Direction - The company aims to maintain above-market volume growth relative to U.S. housing starts, with a focus on innovation, customer service, and operational excellence [14][15] - Strategic priorities include expanding digital capabilities and enhancing customer relationships through software and services [9][81] - The company is targeting a 20% operating income margin and plans to return at least 35% of free cash flow to shareholders [25][27] Management's Comments on Operating Environment and Future Outlook - Management expressed a conservative view on the housing market for 2026, expecting flat conditions and potential risks from declining housing starts [29][32] - The company remains optimistic about its ability to outperform the market, citing historical performance and ongoing strategic initiatives [30][31] - Management highlighted the importance of maintaining high customer satisfaction and operational efficiency as key drivers for future success [14][26] Other Important Information - The company achieved a recordable incident rate of less than 1.0 for safety, reflecting its commitment to employee safety [4] - Total operating expenses for 2025 increased by 6.5%, primarily due to variable incentive costs and personnel costs [20] - The company has authorized a new share repurchase program for 2026, reflecting confidence in long-term prospects [24] Q&A Session Summary Question: Can you talk about the upside and downside cases to your outlook for flat North American housing starts? - Management noted a conservative view on the market, expecting flat conditions and potential risks from declining housing starts [29] Question: Can you add some more color to the outlook for growth in Europe? - Management expressed satisfaction with progress in Europe, expecting low single-digit growth and focusing on profitability [33][35] Question: What are the expectations for the commercial side or R&R in the U.S.? - Management anticipates flat to low single-digit growth in the commercial market, with ambitions to outperform housing starts [40][41] Question: Can you elaborate on the gross margin outlook for 2026? - Management expects slightly lower gross margins due to tariff costs and pricing dynamics, with a focus on maintaining operating income margins [42][45] Question: How do you view the impact of steel prices on gross margins? - Management is comfortable with current steel prices and does not expect significant impacts on gross margins for 2026 [60][61] Question: How are customer expectations aligning with market forecasts for 2026? - Management indicated that customer expectations are merging with third-party forecasts, but they remain cautious until a market pickup is observed [62][64]

Financial Data and Key Metrics Changes - Q4 2025 revenue was $1.89 billion, down 5% sequentially but up 16% year-on-year, with EPS at $0.69, outperforming guidance [5][12] - Full year 2025 revenue grew 6% to $6.7 billion, with net income of $374 million and EPS of $1.50 [14][15] - Gross profit for Q4 was $315 million, with a gross margin of 16.7% [13] - Full year gross margin was 14%, impacted by the ramp-up of the Vietnam facility [15] Business Line Data and Key Metrics Changes - Communications revenue grew 28% year-on-year in Q4, with a 1% increase for the full year [12] - Computing revenue increased 6% year-on-year in Q4 and 16% for the full year, driven by AI-related devices [12] - Automotive and industrial revenue rose 25% year-on-year in Q4 and 8% for the full year, supported by advanced automotive content [12] - Consumer revenue declined 10% year-on-year in Q4 but grew 9% for the full year [13] Market Data and Key Metrics Changes - The computing segment is expected to grow over 20% in 2026, driven by AI and HPC demand [10][11] - Communications and automotive markets are also projected to see strong growth in 2026 [16] Company Strategy and Development Direction - The company aims to elevate technology leadership, expand geographic footprint, and enhance strategic partnerships [8] - Focus on advanced packaging platforms, including HDFO and test, critical for AI and HPC [9] - Construction of the Arizona campus is underway, with significant capital expenditures planned for 2026 [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating market shifts and geopolitical challenges, positioning the company for growth [5][6] - The outlook for Q1 2026 revenue is between $1.6 billion and $1.7 billion, reflecting a 25% year-on-year increase [16] - The effective tax rate for 2026 is expected to be around 20% [16] Other Important Information - Capital expenditures for 2026 are projected to be between $2.5 billion and $3 billion, with a significant portion for facility expansion [17] - The company held $2 billion in cash and short-term investments at year-end, with total liquidity at $3 billion [16] Q&A Session Summary Question: CapEx guidance and investment changes - Management clarified that the high CapEx guidance includes significant spending for the Arizona facility and equipment for advanced packaging [19][21] Question: Government incentives and CapEx - The CapEx number is net of government incentives, which will come in after the investment periods [24][25] Question: Computing segment growth and data center programs - The computing segment is expected to see a significant ramp in data center HDFO programs, with one program anticipated to reach high volume [27][29] Question: Communication segment outlook - Management noted relative strength in the Android segment and positive expectations for iOS in Q1 [46][48] Question: Partnership with TSMC - The partnership with TSMC is ongoing, focusing on technology and manufacturing needs for the U.S. supply chain [49][50] Question: Balance sheet management and cash needs - The company can operate comfortably with $500 million on the balance sheet and expects a decrease in interest expense despite potential debt increases [58][59]

ON Semiconductor (NasdaqGS:ON) Q4 2025 Earnings call February 09, 2026 05:00 PM ET Company ParticipantsBlayne Curtis - Managing DirectorChris Caso - Managing DirectorGary Mobley - Managing DirectorHarsh Kumar - Managing DirectorHassane El-Khoury - President and CEOJoe Moore - Managing DirectorJoshua Buchalter - Managing DirectorParag Agarwal - VP of Investor Relations and Corporate DevelopmentQuinn Bolton - Managing DirectorRoss Seymore - Managing DirectorThad Trent - CFOVijay Rakesh - Managing DirectorVive ...

Financial Data and Key Metrics Changes - In 2025, the company achieved over $4 billion in Gross Services Volume (GSV), $788 million in revenue, and $226 million in adjusted EBITDA, marking record levels for both revenue and adjusted EBITDA with revenue growth of 2.4% and an adjusted EBITDA margin of 29% [7][20] - Q4 saw year-over-year growth of 3% in GSV, 4% in revenue, and a 27% adjusted EBITDA margin [7][20] - Average GSV per active client increased by 7% year-over-year in Q4 to over $5,100, while overall spend per contract rose by 10% year-over-year [21][22] - The churn rate declined in 2025, reaching its lowest level in over eight quarters in Q4, which was over 130 basis points lower than Q4 2024 [22] Business Line Data and Key Metrics Changes - The Business Plus solution for SMBs grew active clients by 49% sequentially in Q4, with 38% of these clients being new to the platform [12][22] - Revenue from Freelancer Plus grew by 29% year-over-year, contributing to a total ads and monetization revenue growth of 24% year-over-year [23] - Enterprise revenue decreased by 3% year-over-year in Q4 due to a strategic pause in selling legacy enterprise plans as the company shifted to the new Lifted strategy [23] Market Data and Key Metrics Changes - GSV from AI-related work surpassed $300 million on an annualized basis in Q4, up more than 50% from the prior year, driven by categories like Generative AI and creative production [10][11] - The number of clients engaging in AI work increased over 50% year-over-year, with GSV from these clients exceeding the average spend per client by about three times [11] Company Strategy and Development Direction - The company aims to capitalize on a $1.3 trillion market opportunity by positioning itself as a leader in the AI era, focusing on flexible, skills-based talent [8][19] - The strategy includes enhancing the AI-native marketplace, expanding the Business Plus offering, and ramping up the Lifted platform for enterprise clients [15][18] - The company plans to double GSV from Business Plus to represent over 5% of total annual GSV in 2026 [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth trajectory for 2026, anticipating GSV growth of 4%-6% and revenue growth of 6%-8% [26][27] - The company expects to see sequential increases in GSV, total take rate, and revenue throughout 2026, particularly in the second half as Lifted completes its integration [27][28] - Management highlighted the importance of human-agent collaboration, indicating that combining human judgment with AI capabilities leads to superior outcomes [81][82] Other Important Information - The company generated a record $223 million in free cash flow in 2025, which will support organic growth initiatives, M&A, and share repurchases [26] - Non-GAAP operating expenses were $107 million in Q4, maintaining a consistent percentage of revenue compared to Q4 2024 [25] Q&A Session Summary Question: Insights on 2026 investments and growth contributions - Management indicated that investments in AI features, Business Plus expansion, and Lifted are expected to ramp up throughout 2026, contributing to GSV and revenue growth [34] Question: AI search and recommendation functionality - The company has launched features like Uma Recruiter to enhance client hiring efficiency and is seeing positive impacts from these investments [40] Question: Active client trends and marketing initiatives - Management noted a decrease in churn rates and positive top-of-funnel yields, which are expected to drive active client growth [56] Question: AI talent availability on the platform - The company reported no significant talent gaps in the AI category and is actively working to attract more AI talent through partnerships [58] Question: Enterprise client demand and milestones - Management is focused on acquiring a small number of high-quality enterprise clients to meet growth goals, with a healthy pipeline of interest from existing customers [63][90]

Financial Data and Key Metrics Changes - For the nine months ended December 31, 2025, consolidated revenue was $2.21 billion, a decrease from $2.25 billion in the prior year period [8] - Operating income was $183.4 million compared to $190 million for the same period last year [8] - Net income was $75.9 million versus $85.7 million for the same period last year [8] - For the third quarter of fiscal year 2026, consolidated revenue was $861.3 million, down from $937.2 million in the same quarter of last year [9] - Operating income was $82 million compared to $104.1 million for the third quarter of the last fiscal year [9] - Net income was $33.2 million versus $59.6 million for the third quarter of last fiscal year [9] Business Segment Data and Key Metrics Changes - In the tobacco operations segment, revenue was $1.94 billion compared to $2 billion in the prior year period, with segment operating income at $185 million versus $194.4 million [8] - In the ingredients operations segment, revenue was $265.2 million compared to $249 million in the prior year period, but segment operating income fell to $1.4 million from $7.9 million [8] - For the third quarter, tobacco operations segment revenue was $779.9 million compared to $853.9 million in the same quarter last year, with segment operating income at $84 million versus $102.6 million [9] - Ingredients operations segment revenue was $81.3 million compared to $83.3 million in the third quarter last year, with a segment operating loss of $0.1 million compared to an operating income of $3.7 million in the same quarter last year [9] Market Data and Key Metrics Changes - The company noted that customer demand for tobacco styles remained firm, transitioning into an oversupply environment [4] - The ingredients segment faced market headwinds due to broader softness in the consumer packaged goods sector, which affected sales and margins [5][6] Company Strategy and Development Direction - The company is focused on diversifying into food and beverage ingredients, having made three acquisitions in 2020 and 2021 to build a broad product portfolio [11] - Investments have been made in commercial sales, R&D, and production capabilities to support the growth of Universal Ingredients [12] - The company aims to leverage its new resources to convert customer interest into sales and improve margins [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating the transition to an oversupply environment in the tobacco market, emphasizing the company's resilience [11] - The company is committed to scaling its ingredients business despite inflationary pressures and tariff impacts [13] - Management highlighted progress in sustainability initiatives, including a significant increase in renewable electricity consumption [14] Other Important Information - The company refinanced and upsized its corporate credit facility, significantly expanding liquidity and improving financial flexibility [10] - As of December 31, 2025, net debt was $995 million compared to $945 million at the same point last year [10] Q&A Session Summary Question: Impact of tariffs and market weakness on ingredients business - Management noted that market headwinds, product mix, and higher fixed costs have impacted the ingredients segment, with inflationary pressures affecting customer demand and pricing [18][19][22] Question: Performance of the tobacco segment - Management indicated that despite a solid quarter, comparisons to last year's extraordinary results are challenging, but current year-to-date numbers remain strong [24][25] Question: Customer inventory levels and duration positions - Management stated that customer inventory levels vary, with some customers restoring durations while others maintain tighter durations [34] Question: Revenue breakdown by volume, price, and new customer wins - Management did not provide a specific breakdown but acknowledged that product mix impacts revenue [38] Question: Anticipation of pricing catching up with higher costs - Management expressed optimism that continued sales could help mitigate the impact of higher-cost inventory in the coming quarters [39] Question: Inventory write-downs in the ingredients segment - Management confirmed some write-downs occurred, primarily in the dark air-cured space [40] Question: CFO announcement clarification - Management clarified that the previous CFO offer was withdrawn, and a new CFO was appointed [42] Question: Tax rate guidance - Management indicated that the tax rate is expected to be between 28% and 32%, slightly higher due to recent changes in certain countries [49]

Columbus McKinnon (NasdaqGS:CMCO) Q3 2026 Earnings call February 09, 2026 05:00 PM ET Company ParticipantsDavid Wilson - President and CEOGreg Rustowicz - CFOJon Tanwanteng - Managing DirectorKristi Moser - VP of Investor Relations and TreasurerConference Call ParticipantsJames Kirby - Executive Director and Equity Research AnalystMatt Summerville - Managing Director and Senior Research AnalystSteve Ferazani - AnalystOperatorGood afternoon, and welcome to Columbus McKinnon's third quarter fiscal 2026 earnin ...