Interim report
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94 avenue Gambetta - 75020 PARIS +33 (0)1 85 56 97 00 www.carrenoir.com TEINTE FORVIA Forvia_Hella_Logotype_Négatif FD Date : 20/12/2023 BLANC HELLA Nine-month finan cial statement cial statement Fiscal year 2026 30 September 2026
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Contents Key performance indicators 3 Industry development 5 Business development of the HELLA Group 6 Results of operations 6 Financial status 8 Financial position 10 Opportunity and risk report 12 Forecast report 13 Industry outlook 13 Company outlook 14 Selected financial information 15 Consolidated income statement 15 Segment reporting 16 Consolidated statement of financial position 17 Consolidated cash flow statement 18 Further notes 19 Basic information 19 Currency translation 20 Notable events 21 Operating income 22 Notes to the cash flow statement 24 Net cash flow 26 Contigent liabilities 27 Events after the balance sheet date 28
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3 Financial statement on the 3rd quarter of fiscal year 2026 Key performance indicators Key performance indicators in € million Fiscal year 2026 1 January to 30 September Fiscal year 2025 1 January to 30 September Sales 5,883 5,868 Operating income 294 338 Earnings before interest and taxes (EBIT) 236 208 Earnings before interest, taxes, depreciation and amortisation (EBITDA) 671 664 Earnings for the period 133 108 Earnings per share (in €) 1.18 0.92 Net cash flow -99 68 Capital expenditures 390 470 Research and development expenses (R&D) 528 553 Fiscal year 2026 1 January to 30 September Fiscal year 2025 1 January to 30 September EBIT margin 4.0% 3.5% EBITDA margin 11.4% 11.3% Capital expenditures in relation to sales 6.6% 8.0% R&D expenses in relation to sales 9.0% 9.4% 30 September 2026 31 December 2025 Net financial liquidity (in € million) 254 381 Equity ratio 42.4% 42.7% Employees 32,951 34,046 Fiscal year 2026 1 January to 30 September Fiscal year 2025 1 January to 30 September Currency-adjusted sales (in € million) 5,925 5,868 Operating income margin 5.0% 5.8% Net cash flow in relation to sales -1.7% 1.2%
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4 Financial statement on the 3rd quarter of fiscal year 2026 • 67.8 million new passenger cars and light commercial vehicles: Global light vehicle production falls in the first nine months of 2026 by 0.7% • Currency-adjusted sales increase by 1.0% to €5,925 million; sales, adjusted for exchange rate effects, remained at the prior year's level at €5,883 million • Growth in the Electronics and Lifecycle Solutions segments • Sales in the Lighting segment have fallen significantly due to the discontinuation of production runs and low order volumes • Operating income falls to €294 million, operating income margin declines to 5.0% • Net cash flow is €-99 million; the ratio of net cash flow to sales is -1.7% • Company outlookfor the fiscal year 2026 confirmed
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5 Financial statement on the 3rd quarter of fiscal year 2026 Industry development • Global light vehicle production drops by 0.7% in the first nine months of 2026 to 67.8 million new passenger cars and light commercial vehicles • Declining light vehicle production in Asia follow- ing the expiry of incentive schemes; markets in Europe and the Americas largely flattish In the first nine months of the fiscal year 2026 (1 January to 30 September 2026), global production of new passenger cars and light commercial vehicles fell slightly by 0.7% year-on-year to 67.8 million units (prior year: 68.3 million units), according to data from the market research institute S&P Global (as at 15 October 2026). While the European and Ameri - can markets remained largely stagnant, light vehicle production in Asia declined during this period. Accordingly, car production in Europe, at 12.9 mil- lion units, slightly exceeded the prior year’s level (prior year: 12.7 million units); in Germany, howev- er, production volumes fell disproportionately by 3.0%. In North, Central and South America, the market remained largely stagnant at a volume of 13.9 million units (prior year: 14.0 million units), as did light vehicle production in the US market. By contrast, following significant growth in the same period last year (nine months of 2025: +8.5%), the automotive sector in Asia/Pacific/Rest of the World, in particular, has seen a marked downturn. Produc- tion volumes here fell by 1.4% compared with the prior year, to 41.0 million units (prior year: 41.6 million units). This is largely attributable to the Chi- nese market, where government support schemes in the prior year led to significant growth in produc- tion figures. In this particular market, therefore, vehicle production has so far fallen by 5.5%. Growth in the region was driven primarily by a significantly above-average increase in production in India (+15.6%). Industry development Production of passenger cars and light commercial vehicles in thousands Fiscal year 2026 1 January to 30 September +/- Fiscal year 2025 1 January to 30 September Europe 12,879 +1.3% 12,710 of which Germany 3,118 -3.0% 3,214 North, Central and South America 13,923 -0.5% 13,996 of which USA 7,644 -1.0% 7,724 Asia / Pacific / RoW 40,982 -1.4% 41,574 of which China 21,858 -5.5% 23,134 Worldwide 67,783 -0.7% 68,281 Source: S&P Light Vehicle Production Forecast, 15 October 2026
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6 Financial statement on the 3rd quarter of fiscal year 2026 Business development of the HELLA Group • Currency-adjusted sales increase slightly by 1.0% to €5,925 million; taking exchange rate effects into account, sales of €5,883 million at prior year's level • Growth in the Electronics and Lifecycle Solu- tions segments; sales in the Lighting segment fall significantly due to the phasing out of pro- duction runs and low call-off volumes • Operating income declines to €294 million; the operating income margin falls to 5.0% • Net cash flow at €-99 million, and the ratio of net cash flow to sales at -1.7% Results of operations In order to present the business development in a transparent and comparable manner, the income statement is presented in an adjusted form up to and including the operating income. The reported consolidated income statement is presented in the selected financial information; a reconciliation statement can be found in the further notes (Chap- ter 04, Operating Income). In the first nine months of the fiscal year 2026, the HELLA Group’s currency-adjusted sales rose by 1.0% to €5,925 million. Taking into account ex- change rate effects, sales of €5,883 million are much the same as the prior year (prior year: €5,868 million). There were no portfolio effects to be ad - justed for; in the prior year, sales were adjusted for a one-off customer refund (€7 million). The main driver of Group-wide sales was, above all, the Electronics segment; the Lifecycle Solutions segment also managed to increase its sales. By contrast, sales in the Lighting segment fell signifi - cantly. Accordingly, sales in the Electronics segment rose by 5.2% to €2,712 million (prior year: €2,577 mil - lion). Accordingly, the segment has been the com- pany’s largest business division since the start of this year. Sales growth in Europe, in particular, is a key factor in overall sales growth. This was driven by higher production volumes and the launch of Business development of the HELLA Group Sales of the HELLA Group for the first nine months of the fiscal year (1 January to 30 September), in € million Fiscal year 2024 5,935 Fiscal year 2025 5,868 5,883 Fiscal year 2026
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7 Financial statement on the 3rd quarter of fiscal year 2026 Business development of the HELLA Group new 77 GHz radar sensors, as well as increased demand for energy management components such as voltage converters and battery sensors, and for control electronics. In the US market, the electronics sector has benefited from growth driv- en by international customers and from a diminish- ing negative impact of exchange rates. In the Asian region, a successful business in components for low-voltage battery management systems and volt- age converters offset the declining market condi- tions in China, leading to a slight sales growth there. In the Lighting segment, sales fell by 6.3% to €2,563 million (prior year: €2,734 million); all regions were affected by the decline in sales over the nine- month period. For one, the lighting segment has, in general, been affected by the weaker industry cli - mate. Furthermore, a significant decline in order volumes, as well as the phasing out of various large-scale series projects, has had a considerable impact on the segment’s sales performance. This is also linked to weaker demand in Europe for cus- tomer programmes relating to electrified plat - forms, as well as an unfavourable customer and product mix in the US market. In China, the decline in sales was due to lower order volumes from inter- national car manufacturers. In the Lifecycle Solutions segment, sales increased by 4.2% to €770 million (prior year: €739 million). The sales growth, which had already started in the second half of the prior year, was underpinned by strong performance across all divisions within the segment: Firstly, business with manufacturers of specialist vehicles, primarily in the truck and bus, agricultural and construction machinery customer segments, continued to grow in line with a market recovery in these segments. Secondly, the after - market spare parts business has benefited from higher overall demand, which was underpinned, amongst other things, by an expansion of the prod- uct range – for example, following the company’s re-entry into the thermal management business – and which accelerated in the third quarter. Thirdly, the workshop equipment business has also stabi- lised further, partly due to demand for entry-level diagnostic solutions and the launch of new calibra- tion products. In terms of business development by region, sales in Europe rose by 1.4% to €3,332 million (prior year: €3,285 million). The Electronics segment made a significant contribution to this, partly through its successful radar business. In North, Central and South America, sales fell by 0.7% to €1,330 million (prior year: €1,340 million); here, the Electronics business with international car manufacturers al- most offset the decline in sales in the Lighting seg- ment. In Asia / Pacific / Rest of the World, sales fell by 1.7% to €1,221 million (prior year: €1,242 mil - lion), largely due to the adverse industry climate in China and weaker business development of inter- national manufacturers in that market, which had a particularly negative impact on the Lighting seg - ment. Gross profit fell to €1,268 million in the first nine months of the fiscal year 2026 (prior year: €1,340 million), whilst the gross profit margin (gross profit as a percentage of sales) fell to 21.6% (prior year: 22.8%). This is in particular attributable to an ad - Consolidated income statement in € million Fiscal year 2026 1 January to 30 September +/- Fiscal year 2025 1 January to 30 September Sales 5,883 +0.3% 5,868 Cost of sales -4,615 -4,527 Gross profit 1,268 -5.4% 1,340 Ratio of gross profit to sales 21.6% 22.8% Research and development expenses -528 -553 Distribution expenses -251 -240 Administrative expenses -209 -219 Other income and expenses 14 10 Operating Income 294 -12.9% 338 Operating income margin 5.0% 5.8%
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8 Financial statement on the 3rd quarter of fiscal year 2026 Business development of the HELLA Group verse volume and mix effect, rising material costs particularly for electronic components, as well as higher launch costs for complex lighting projects. Research and development (R&D) expenses fell to €528 million (prior year: €553 million), meaning the R&D ratio declined to 9.0% (prior year: 9.4%). The Company has consequently been able to further improve cost efficiency in research and develop - ment, among other things through higher efficien- cy in development processes as well as through structural improvements in the global research and development network. Expenditures for re - search and development have fundamentally been made against the background of high order vol - umes and to prepare for the corresponding start of production. Distribution and administrative expenses, together with the net balance of other income and expenses (SG&A), fell to €446 million (prior year: €449 mil - lion). This has been largely due to ongoing cost management, which has so far successfully offset inflation-driven price rises in these areas. The ratio of these income and expenses to sales has there - fore fallen to 7.6% (prior year: 7.7%). Operating income fell to €294 million (prior year: €338 million), primarily as a result of the decline in the gross profit margin, which could only be partial- ly offset by cost management measures in research and development and SG&A. The operating income margin thus amounts to 5.0% (prior year: 5.8%). The earnings before interest and taxes (EBIT) as reported in the consolidated income statement totalled €236 million (prior year: €208 million), cor- responding to an EBIT margin of 4.0% (prior year: 3.5%). The higher EBIT is attributable to lower ex- penses for structural measures (€35 million) within the global network (prior year: €118 million). The net financial result amounts to €-29 million (prior year: €-36 million). Earnings before income taxes (EBT) improved significantly to €207 million (prior year: €172 million). Income tax expenses amount to €74 million (prior year: €64 million). Consequently, the first nine months of fiscal year 2026 closed in total with earnings for the period totalling €133 million (prior year: €108 million). Earnings per share is thus €1.18 (prior year: €0.92). Financial status At present, HELLA essentially uses five financial instruments: Capital market bonds • As at the reporting date, HELLA had issued an outstanding capital market bond amounting to €500 million with a term until January 2027. To refinance this bond, HELLA issued a new capital market bond in September 2026 for €300 mil- lion, maturing in September 2030. The portion of the repayment that is not refinanced will be met from the existing liquidity position. Promissory note loan • In February 2024, HELLA issued a promissory note loan of €200 million with terms of three, five and seven years maturing in March 2027, March 2029 and March 2031. The funds from the promissory note loan was used in particu- lar to refinance a bond that was repaid in 2024. Private placement • A total of JPY 22 billion with a 30-year term was raised in 2002 and 2003. This foreign currency liability is fully hedged against exchange rate fluctuations. The value of the liability on 30 September 2026 was €132 million. Bilateral credit lines • In addition to short-term bilateral loans in indi- vidual companies, a Mexican subsidiary has bank credit of US $100 million maturing in April 2029 and April 2031. Operating income for the first nine months of the fiscal year (1 January to 30 September), in € million and % of sales Fiscal year 2024 344 (5.8%) Fiscal year 2025 338 (5.8%) 294 (5.0%)Fiscal year 2026
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9 Financial statement on the 3rd quarter of fiscal year 2026 Business development of the HELLA Group Syndicated credit facility • In September 2022, HELLA arranged a syndicat- ed credit facility amounting to €450 million and an increase option of €150 million. This facility was concluded with a syndicate of international banks and had a term of three years until Sep- tember 2025. The first extension option of 15 months was exercised in August 2023. The sec- ond extension option of twelve months was ex- ercised in August 2024. The end of the new term is December 2027 (utilisation as at 30 September 2026: 0%). The banks have a special right of cancellation in the event of a change of control. A special right of termination would also exist in the event of a squeeze-out or dom- ination agreement being entered in the com- mercial register. Cash flow from operating activities fell by €247 mil- lion to €292 million during the reporting period (prior year: €539 million). Depreciation stood at €435 million (prior year: €456 million). The provisions were reduced to €116 million (prior year: €27 million). The main factors contributing to this in the current reporting period were, in particular, the utilisation of provisions for staff costs relating to structural measures, warran- ty provisions and provisions for supply and sales obligations. The reporting year for the prior year, by contrast, was significantly influenced by the uti- lisation and release of provisions for supply and sales obligations, as well as the utilisation of provi- sions for staff costs. In the reporting period for the prior year, this was offset by additions to personnel provisions as part of structural measures. Other non-cash income and cash flows not at - tributable to operating activities totalled €13 million (prior year: €32 million). These consist primarily of valuation and discounting effects, as well as results from investments accounted for using the equity method, both in the current re - porting period and in the reporting period for the prior year. The change in trade receivables and other assets not attributable to capital expenditure or financing activities led to a cash outflow of €206 million (prior year: €94 million), mainly due to trade receivables and increased contract assets. The factoring pro- gramme resulted in cash inflows of €2 million (prior year: €23 million). The changes in inventories led to a cash inflow of €126 million (prior year: €40 million), mainly due to the volatile global supply chain situa- tion (including printed circuit boards). The change in trade payables and other liabilities not attributable to capital expenditure or financing activities result- ed in a cash inflow of €159 million (prior year: €151 million), largely driven by trade payables. The net effect of tax refunds and tax payments re- sulted in a cash outflow of €69 million (prior year: €74 million). Cash outflow from investing activities amounted to €457 million (prior year: €549 million). The balance of cash receipts from the sale and pay- ments for the procurement of intangible assets and property, plant and equipment led to cash outflows in the non-cash investing activities total - ling €390 million (prior year: €470 million). They mainly comprised expenditure to strengthen the global development, administration and produc- tion network to secure future innovation and pro - duction capacities. The reduction in capital ex- penditure compared to same period in the prior year was achieved thanks to efficient capital alloca- tion and strong cost discipline. Non-cash invest- ments in relation to sales amounted to 6.6% in the current reporting period (prior year: 8.0%). In the reporting period, this resulted in a net cash flow of €-99 million (prior year: €68 million) in the current reporting period from the balance of cash flow from operating activities and cash receipts from the sale of property, plant and equipment and intangible assets as well as payments for the Fiscal year 2024 Fiscal year 2025 Fiscal year 2026 Net cash flow for the first nine months of the fiscal year (1 January to 30 September), in € million and % of sales 68 (1.2%) -8 (-0.1%) -99 (-1.7%)
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10 Financial statement on the 3rd quarter of fiscal year 2026 Business development of the HELLA Group procurement of property, plant and equipment and intangible assets. This development is largely attributable to the utilisation of provisions for structural measures and guarantees, as well as an increase in funds tied up in working capital. The net cash flow in relation to sales is thus -1.7% (prior year: 1.2%). In the current fiscal year, loans totalling €39 million (prior year: €30 million) were granted to invest - ments. As part of the active management of the liquid funds available to the Group, there was an outflow of €26 million from securities in the reporting peri- od (prior year: €45 million). For liquidity manage - ment purposes, capital is usually invested in short- term securities or securities with a liquid market so the funds can be made available for potential op - erating requirements at short notice. Cash flow from financing activities resulted in a cash inflow of €230 million (prior year: cash outflow of €157 million). In September 2026, HELLA issued a capital market bond maturing in September 2030, which is recog- nised in the amount of €299,025 thousand under ‘Proceeds from the issue of a bond’. Repayments and cash receipts from the assump - tion of financial liabilities totalled €45 million (prior year: €41 million). The payments of €6 million reported in the same period of the prior year for the acquisition of non-controlling interests include the increase in the HELLA Group’s stake in its subsidiary HELLA India Lighting Limited to 100 percent. Dividends paid during the reporting period totaled €24 million (prior year: €109 million). Following the Annual General Meeting on 30 April 2026, divi- dends totaling €24 million (€0.22 per share) were paid to shareholders of the parent company. In the previous reporting period, this dividend payment amounted to €106 million (€0.95 per share). The liquidity portfolio consisting of cash and cash equivalents increased in comparison to the end of the fiscal year 2025 by €102 million to €1,504 mil - lion (31 December 2025: €1,402 million). Including current financial assets, essentially comprising se- curities of €172 million (31 December 2025: €112 million), the available funds rose to €1,676 million (31 December 2025: €1,515 million). On this basis, the Management Board is of the opinion that HEL- LA is able to satisfy its payment obligations. As at the balance sheet date of 30 September 2026, the corporate rating by Moody's rating agency re - mained at the level of Ba1 with a stable outlook. Fitch assigned an investment-grade rating of BBB- with a stable outlook. Financial position As at the balance sheet date of 30 September 2026, total assets (Aktiva) increased by €520 million com- pared with 31 December 2025, reaching €7,845 million (31 December 2025: €7,325 million). Current assets increased by €543 million, whilst non-current assets fell by €24 million. Under current assets, trade receivables increased by €171 million. Cash and cash equivalents and current financial assets rose by €161 million, which is primarily attributable to the cash flows already described in the financial status. Inventories rose by €148 million, largely driven by the volatile global supply chain situation. Current contract assets in - creased by €37 million, which is primarily attribut- able to customer compensation for development costs, which is recognised upon fulfilment of the relevant performance obligations. Among non-current assets, property, plant and equipment fell by €112 million and other non-cur- rent assets by €26 million, mainly due to a reduc - tion in the plan assets held in securities for partial retirement schemes. Intangible assets increased by €83 million. Non-current contract assets in- creased by €20 million. On the liabilities side, current liabilities increased by €490 million, whilst non-current liabilities fell by €166 million. Equity increased by €195 million. Within current liabilities, current financial liabilities increased by €416 million, primarily due to the re- classification, on the basis of maturity, of a €500 million capital market bond from non-current to current liabilities, offset by the reclassification of USD-denominated loans from short-term to long- term debt. Trade payables increased by €131 mil - lion. Other liabilities increased by €26 million, in particular due to higher accrued liabilities from outstanding invoices and credit notes. Current pro- visions fell by €76 million, mainly due to the utilisa- tion of provisions for staff-related costs associated with restructuring measures and warranty provi - sions. In terms of non-current liabilities, non-current fi- nancial liabilities fell by €128 million, due to the
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11 Financial statement on the 3rd quarter of fiscal year 2026 Business development of the HELLA Group aforementioned reclassification of the €500 million capital market bond, which is offset by the USD 75 million loan mentioned above. In April 2026, this was increased by USD 25 million to USD 100 million and its maturity dates were extended to April 2029 and April 2031. Furthermore, in September 2026, a further capital market bond amounting to €300 million was issued, which is recognised under non-current financial liabilities. Long-term provi- sions fell by €61 million, primarily due to draw- downs and reversals relating to partial retirement obligations, as well as drawdowns in connection with supply and sales obligations. Equity increased by €219 million due to the com - prehensive income for the period, in contrast to a reduction of €24 million due to transactions with shareholders. The earnings for the period, at €133 million, and other comprehensive income for the period, amounting to €86 million, had a positive impact. The latter was influenced in particular by the reserve for currency translation differences, amounting to €82 million, whilst the reserve for fi- nancial instruments used to hedge cash flows had a negative impact of €18 million. Transactions with shareholders resulted in a reduction of €24 million due to distributions to shareholders. Overall, current and non-current financial liabilities rose by €288 million to €1,422 million (31 Decem - ber 2025: €1,133 million). Net financial liquidity – defined as the balance of cash, current financial assets, and current and non-current financial liabil- ities – fell by €127 million to €254 million (31 De - cember 2025: €381 million). The equity ratio was 42.4% as at the reporting date of 30 September 2026 (31 December 2025: 42.7%). The equity ratio relative to total assets adjusted for liquidity comes to 53.9% (31 December 2025: 53.8%).
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12 Financial statement on the 3rd quarter of fiscal year 2026 Opportunity and risk report Opportunity and risk report The current economic and sectoral environment continues to be marked by various risks arising from geopolitical conflicts, trade restrictions and the transformation of mobility. HELLA has already taken these risks into account to a large extent in its 2025 Annual Report. For a comprehensive pres- entation of the opportunities and risks as well as the risk management and internal control system, please thus refer to the information in the Annual Report 2025. In addition, new risks have arisen – particularly since the second half of 2026 – due to the supply situation regarding printed circuit boards (PCBs) and semiconductors. HELLA also addressed the fact that the company is exposed to various procurement risks as a result of its busi- ness activities in its risk report for the fiscal year 2025. Firstly, in particular, the war in the Middle East is giving rise to additional risks and uncertainties. It is true that HELLA does not do business in Iran and, apart from the independent aftermarket, has only a small volume of business in the region as a whole. Nevertheless, on the one hand, in the context of the war in the Middle East, HELLA is facing rising costs for materials, energy and logistics. On the other hand, there is an indirect risk that an eco - nomic slowdown and a possible decline in light vehicle production could also have a negative im- pact on demand for HELLA’s products. Russia’s war of aggression against Ukraine continues to pose further risks arising from geopolitical conflicts. Aside from this, HELLA is also very closely monitor- ing relations between China and Taiwan; this in - volves risks for its own production sites in China as well as further implications for the global supply chain. Secondly, there are uncertainties, particularly in the short and medium term, arising from existing, tightened or new trade restrictions. This includes various adverse effects on international trade, in - cluding the tariffs imposed by the US government on various countries and regions and possible pro- tectionist countermeasures. In addition, there are various risks within global supply and logistics chains, arising, for example, from various export restrictions, which may target either individual companies or specific raw materials and supplies. Thirdly, the automotive industry is undergoing what is arguably the greatest transformation in its history. On the one hand, this is characterised by stagnating or declining production volumes, as well as by significant changes in market shares and cus- tomer structures. On the other hand, the transfor- mation entails a significantly increasing need for investment to align the Company’s strategy with key market trends. The key areas here are primar- ily software-defined vehicle architectures, electrifi- cation, and automated driving. As profit pools within the automotive industry subsequently shrink and shift, this intensifies cost and competi- tive pressures in a global context. In addition to these risks, new risks have emerged, particularly since the second half of 2026, due to significantly increased material costs especially for electronic components. The Company has taken early action and is in constructive and intense alignment with customers to have the increased material prices compensated.
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13 Financial statement on the 3rd quarter of fiscal year 2026 Forecast report • Global light vehicle production is expected to fall by 1.7% in 2026; industry outlook further impacted by the war in the Middle East • The Company’s outlook for the fiscal year 2026 is confirmed Industry outlook For the current fiscal year 2026, the market re - search organisation S&P Global (as at 15 October 2026) forecasts that global production of passen - ger cars and light commercial vehicles will fall by 1.7% to 91.6 million units (prior year: 93.1 million units). As recently as the start of the year (S&P fore- cast, as at 15 February 2026), industry develop- ment was expected to remain largely stagnant in this year. The downward revision of the industry outlook was subsequently driven primarily by the geopolitical and macroeconomic uncertainties re - sulting from the war in the Middle East that broke out at the end of February 2026. S&P currently ex- pects light vehicle production to remain largely stagnant in Europe and the Americas, and antici - pates a decline in industry development in Asia. Accordingly, light vehicle production in Europe is set to remain largely at the prior year’s level of 17.2 million units (prior year: 17.0 million units). The au- tomotive market in Germany is expected to decline by 2.5%. S&P Global expects light vehicle produc - tion in North, Central and South America to remain largely flat at 18.2 million units (prior year: 18.3 million units). Production in the US is expected to fall by 0.9%. For Asia / Pacific / Rest of the World, following clear growth in the prior year (2025: +6.9%), a decline of 2.6% to 56.2 million units is now expected (prior year: 57.7 million units). One of the reasons for this is the phasing out of government subsidy schemes, which means that light vehicle production in China is set to fall by 6.4% this year. The car market in India is expected to grow by 11.4% this year. Forecast report Expected production of passenger cars and light commercial vehicles and change compared to the prior year (in %) in thousands Fiscal year 2026 1 January to 31 December +/- Fiscal year 2025 1 January to 31 December Europe 17,161 +0.7% 17,048 of which Germany 4,140 -2.5% 4,245 North, Central and South America 18,181 -0.8% 18,331 of which USA 9,994 -0.9% 10,088 Asia / Pacific / RoW 56,217 -2.6% 57,722 of which China 30,770 -6.4% 32,865 Worldwide 91,559 -1.7% 93,101 Source: S&P Light Vehicle Production Forecast, 15 October 2026
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14 Financial statement on the 3rd quarter of fiscal year 2026 Forecast report Company outlook HELLA has confirmed its forecast for the current fiscal year 2026. Accordingly, the Company contin- ues to expect currency-adjusted sales in the range of around €7.4 billion to 7.9 billion, with the figure now expected to be in the upper half of the given forecast range. The Company continues to expect the operating income margin to be between around 5.4 and 6.0%, with the figure now expected to be at the lower end of the given forecast range. With regard to the business groups as reporting segments, sales and the operating income margin for the Lighting segment are still expected to be below the prior year’s level; for the Electronics seg- ment, HELLA anticipates moderate sales growth and an operating income margin roughly in line with the prior year’s level; sales in the Lifecycle Solutions segment is also expected to grow moder- ately, with the operating income margin remaining roughly in line with the prior year’s level. Net cash flow is still expected to be at least 1.8% of sales. The Company’s outlook is based on an expected market volume of around 91.6 million newly man- ufactured passenger cars and light commercial vehicles. The forward-looking statements made in this re - port are based on current assessments by the HEL- LA Management Board, and were made with the expectation that there will not be any significant deviations as a result of political, economic or so - cial crises. The Company outlook is therefore sub- ject to risks and uncertainties which HELLA is not able to control or assess precisely, such as the fu - ture market environment and general economic conditions, the behaviour of other market players and government measures. If any of these or other uncertainties and unknowns materialise, or if the assumptions on which such statements are based prove to be inaccurate, the actual results may de - viate significantly from those expressed or implied in these statements.
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15 Financial statement on the 3rd quarter of fiscal year 2026 Selected financial information Selected financial information Consolidated income statement of HELLA GmbH & Co. KGaA € thousand 1 January to 30 September 2026 1 January to 30 September 2025 1 July to 30 September 2026 1 July to 30 September 2025 Sales 5,883,000 5,874,440 1,910,871 1,895,836 Cost of sales -4,630,650 -4,585,422 -1,510,886 -1,494,489 Gross profit 1,252,351 1,289,018 399,985 401,347 Research and development expenses -544,385 -587,710 -175,076 -170,303 Distribution expenses -255,803 -246,393 -92,430 -75,608 Administrative expenses -219,356 -247,299 -69,883 -77,407 Other income 19,224 18,575 4,935 2,806 Other expenses -6,254 -17,990 -2,177 -13,954 Earnings from investments accounted for using the equity method 6,302 9,531 1,735 3,306 Other income from investments -16,019 -9,630 256 1 Earnings before interest and taxes (EBIT) 236,061 208,102 67,343 70,187 Financial income 26,073 59,165 3,722 9,581 Financial expenses -55,239 -95,201 -18,674 -19,596 Net financial result -29,166 -36,036 -14,951 -10,016 Earnings before income taxes (EBT) 206,896 172,066 52,392 60,172 Income taxes -74,174 -64,009 -18,552 -22,384 Earnings for the period 132,722 108,058 33,839 37,788 of which attributable: to the owners of the parent company 130,979 101,967 33,483 36,770 to non-controlling interests 1,743 6,090 356 1,017 Basic earnings per share in € 1.18 0.92 0.30 0.33 Diluted earnings per share in € 1.18 0.92 0.30 0.33
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16 Financial statement on the 3rd quarter of fiscal year 2026 Selected financial information Segment reporting Segment sales for the first nine months of fiscal years 2026 and 2025 (1 January to 30 September) were as follows: Electronics Lighting Lifecycle Solutions € thousand 2026 2025 2026 2025 2026 2025 Sales with third-party entities 2,543,186 2,403,238 2,534,740 2,698,894 763,024 732,092 Intersegment sales 169,018 173,993 28,413 35,222 7,033 6,654 Segment sales 2,712,204 2,577,230 2,563,153 2,734,116 770,057 738,746 Sales with external third parties for the first nine months of fiscal years 2026 and 2025 (1 January to 30 September) were as follows: Electronics Lighting Lifecycle Solutions € thousand 2026 2025 2026 2025 2026 2025 Sales of goods 2,484,441 2,306,969 2,467,966 2,649,563 712,858 688,370 Sales from the rendering of services 58,745 96,269 66,774 49,331 50,166 43,722 Sales with third-party entities 2,543,186 2,403,238 2,534,740 2,698,894 763,024 732,092 The reconciliation of sales for the first nine months of fiscal years 2026 and 2025 (1 January to 30 September) was as follows: € thousand 2026 2025 Total sales of the reporting segments 6,045,415 6,050,092 Sales in other divisions 42,061 33,624 Adjustments 0 6,671 Elimination of intersegment sales -204,475 -215,947 Consolidated sales 5,883,000 5,874,440
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17 Financial statement on the 3rd quarter of fiscal year 2026 Selected financial information Consolidated statement of financial position of HELLA GmbH & Co. KGaA € thousand 30 September 2026 31 December 2025 30 September 2025 Cash and cash equivalents 1,504,392 1,402,318 1,080,131 Financial assets 171,591 112,399 193,242 Trade receivables 1,038,543 867,442 1,024,097 Other receivables and non-financial assets 275,779 263,413 286,659 Inventories 1,277,260 1,129,289 1,121,831 Current tax assets 63,110 49,481 56,453 Contract assets 113,447 76,389 94,206 Current assets 4,444,122 3,900,731 3,856,621 Intangible assets 879,645 796,872 788,842 Property, plant and equipment 1,976,453 2,088,576 2,062,001 Financial assets 73,674 71,157 69,620 Investments accounted for using the equity method 103,662 95,394 95,543 Deferred tax assets 77,692 77,438 107,388 Contract assets 166,893 146,785 133,241 Other non-current assets 122,896 148,405 127,436 Non-current assets 3,400,916 3,424,627 3,384,072 Assets 7,845,038 7,325,358 7,240,692 Financial liabilities 622,801 206,994 138,711 Trade payables 1,705,118 1,574,411 1,484,471 Current tax liabilities 60,001 62,578 61,805 Other liabilities 563,935 537,597 591,396 Provisions 104,970 181,170 190,139 Contract obligations 145,628 149,234 158,663 Current liabilities 3,202,452 2,711,983 2,625,185 Financial liabilities 798,775 926,300 1,003,612 Deferred tax liabilities 111,661 88,829 34,306 Other liabilities 105,575 105,591 84,025 Provisions 303,623 364,418 373,660 Non-current liabilities 1,319,634 1,485,139 1,495,604 Subscribed capital 222,222 222,222 222,222 Reserves and unappropriated surplus 3,048,133 2,858,941 2,852,118 Equity before non-controlling interests 3,270,355 3,081,163 3,074,340 Non-controlling interests 52,597 47,072 45,563 Equity 3,322,952 3,128,236 3,119,903 Equity and liabilities 7,845,038 7,325,358 7,240,692
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18 Financial statement on the 3rd quarter of fiscal year 2026 Selected financial information Consolidated cash flow statement of HELLA GmbH & Co. KGaA € thousand 1 January to 30 September 2026 1 January to 30 September 2025 Earnings before income taxes (EBT) 206,896 172,066 Depreciation, amortisation, recorded impairments and reversals of impairments 435,151 455,752 Change in provisions -116,025 -26,892 Other non-cash expenses/income and cash flows not attributable to operating activities -12,504 -32,130 Profits / losses from the sale of property, plant and equipment and intangible assets 1,161 -2,523 Net financial result 29,166 36,036 Change in trade receivables and other assets not attributable to investing or financing activities -205,919 -94,058 Change in inventories -125,981 -39,973 Change in trade payables and other liabilities not attributable to investing or financing activities 159,362 151,118 Net tax payments -68,929 -74,017 Dividends received 4,507 5,025 Interest received 14,328 16,901 Interest paid -29,710 -28,721 Cash flow from operating activities 291,502 538,584 Cash receipts from the sale of intangible assets and property, plant and equipment 16,543 17,527 Payments for the purchase of intangible assets and property, plant and equipment -406,906 -487,632 Net payments for loans granted to investments -38,732 -30,467 Payments for capital contributions to associated companies, joint ventures and unconsolidated companies -2,452 -3,040 Net payments for the purchase, sale and of repurchase of securities -25,628 -44,945 Cash flow from investing activities -457,175 -548,556 Payments received from the issuance of a bond 299,025 0 Net payments from the borrowing/repayment of financial liabilities -45,021 -41,263 Payments for the acquisition of shares in non-controlling interests 0 -6,212 Dividends paid -24,444 -109,273 Cash flow from financing activities 229,559 -156,748 Change in cash and cash equivalents 63,886 -166,720 Cash and cash equivalents at the beginning of the reporting period 1,402,318 1,293,167 Effect of exchange rate changes on cash and cash equivalents 38,188 -46,318 Cash and cash equivalents at the end of the reporting period 1,504,392 1,080,131
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19 Financial statement on the 3rd quarter of fiscal year 2026 Further notes measurement of profitability. Special effects which are clearly differentiated from the operational business are not assessed as part of the operation- al profitability and are not included in the segment reporting. The current/non-current distinction is observed in the consolidated statement of finan- cial position. The amounts reported under current assets and liabilities are expected to be realised within twelve months of the reporting date or with- in the normal operating cycle for inventories and trade receivables. Accordingly, non-current items have a maturity of more than twelve months or are allocated to current assets or liabilities due to their normal business cycle. Contract assets and liabili - ties are excluded from this; these are categorised as current or non-current based on their maturity. 01 Basic information HELLA GmbH & Co. KGaA and its subsidiaries (col- lectively referred to as the “Group”) develop and manufacture lighting technology and electronics components and systems for the automotive in - dustry. In addition to the development and manu- facture of components, the Group also produces complete vehicle modules and air-conditioning systems in joint venture companies. The Group's production and manufacturing sites are located across the globe; its most significant markets are in Europe, the USA and Asia, particularly China. In addition, HELLA has its own international sales net- work for all kinds of vehicle accessories. The Company is a listed stock corporation, which was founded and is based in Lippstadt, Germany. The address of the Company’s registered office is Rixbecker Straße 75, 59552 Lippstadt. HELLA GmbH & Co. KGaA is registered in the Commercial Register B of the Local Court of Paderborn under the number HRB 6857. Its direct parent company is Forvia Germany GmbH. HELLA GmbH & Co. KGaA is included in the higher-level consolidated finan- cial statements of FORVIA S.E., Nanterre (Hauts-de- Seine), France, which constitutes the highest level controlling company. The consolidated financial statements of FORVIA S.E. are published via the French online portal BODACC (Bulletin officiel des annonces civiles et commerciales). The information in the financial statement as of 30 September 2026 is stated in thousands of euros (€ thousand). The financial statement is prepared using accounting and measurement methods that are applied consistently within the Group on the basis of amortised historical cost. This does not apply to assets that are available for sale and deriv- ative financial instruments, which are measured at fair value. The consolidated income statement is prepared using the cost-of-sales method. External segment reporting is based on internal reporting (“management approach”). Segment reporting is based solely on financial information used by the Company's decision-makers for the internal man- agement of the Company and to make decisions regarding the allocation of resources and the Further notes
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20 Financial statement on the 3rd quarter of fiscal year 2026 Further notes 02 Currency translation Currency translation differences arising from the translation of earnings and balance sheet items of all Group companies which have a functional cur- rency deviating from the euro are reported within the currency translation differences reserves. The exchange rates used to translate the main currencies for HELLA were as follows: Average Reporting date 1 January to 30 September 2026 1 January to 30 September 2025 30 September 2026 31 December 2025 30 September 2025 €1 = US dollar 1.1614 1.1180 1.1355 1.1750 1.1741 €1 = Czech koruna 24.2861 24.8328 24.4400 24.2370 24.3350 €1 = Japanese yen 184.0331 165.4870 178.2700 184.0900 173.7600 €1 = Mexican peso 20.2063 21.7967 20.5816 21.1180 21.5314 €1 = Chinese renminbi 7.9250 8.0705 7.6130 8.2262 8.3591 €1 = Romanian leu 5.1780 5.026 5.2788 5.0968 5.0806 €1 = Indian rupee 109.0552 96.7352 108.8205 105.5965 104.2548
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21 Financial statement on the 3rd quarter of fiscal year 2026 Further notes 03 Notable events In November 2025, the Shareholder Committee of HELLA GmbH & Co. KGaA appointed Prof. Dr. Peter Laier as the new President and CEO. Prof. Dr. Peter Laier took up this post on 16 February 2026, suc- ceeding Bernard Schäferbarthold. Bernard Schäferbarthold ceased to be a member of the Management Board on 15 February 2026. With effect from 1 March 2026, Juan Manuel Mollá has also been appointed as the new Head of the Lighting segment. He will therefore also join the Management Board of HELLA GmbH & Co. KGaA. In September 2026, it was announced that Philippe Vienney, Chief Financial Officer and a member of the Management Board, would be stepping down from the Management Board at his own request upon the expiry of his contract on 28 February 2027. At the same time, Jens Grösch was appointed as a new member of the Management Board and Chief Financial Officer with effect from 1 December 2026.
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22 Financial statement on the 3rd quarter of fiscal year 2026 Further notes 04 Operating income The HELLA Group is managed by the Management Board using financial key performance indicators. Currency- and portfolio-adjusted sales growth and the operating income margin are of particular im- portance for the management of the HELLA Group. HELLA presents the income state- ment up to operating income in an adjusted form. The background to this is the Company’s guideline that the key performance indicators used must provide a transparent picture of operational per - formance. In the following presentation, special items are therefore not taken into account as spe- cial components, as these may affect the assess - ment of the Company's operating performance due to their one-off nature or amount. The report- ed consolidated income statement can be found in the selected financial information. Non-recurring operating income and expenses represent one-off effects that by their nature or amount lead to distortions and thus provide an inadequate assessment of the Company’s operat - ing performance. This essentially comprises in - come and expenses in connection with changes in the legal structure of the Group, site closures, re - structuring measures or the measurement of fi - nancial instruments. Therefore, non-recurring op - erating income and expenses are not included in operating income or the operating income margin. Non-recurring operating income and expenses are tracked uniformly and consistently across the Group. The main components are explained below. The non-recurring expenses and income in the cur- rent reporting period consist of restructuring, in - vestment evaluations and other causes, which are explained below. In the current reporting period, adjustments for structural measures totalling €35,414 thousand (prior year: €117,962 thousand) were made. This mainly includes expenses for strategic programmes initiated in Europe. The item investments was adjusted to include in - come from the revaluation of investments amount- ing to €397 thousand (prior year: €2,621 thousand) and net expenses from disposals in the amount of €8,719 thousand in the corresponding reporting period of the prior year, some of which are related to venture capital activities. The Other item comprises expenses totalling €13,195 thousand (prior year: €5,386 thousand), consisting primarily of exceptional expenses relat- ing to Nexperia’s semiconductor supply bottle- necks amounting to €5,746 thousand (prior year: €0 thousand) and the write-down of previously capitalised customer base amounting to €3,588 thousand (prior year: €3,531 thousand), in particu- lar for the HBBL sub-group.
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23 Financial statement on the 3rd quarter of fiscal year 2026 Further notes € thousand 2025 as reported Restructuring Investments Other 2025 adjusted Sales 5,874,440 -6,671 0 0 5,867,769 Cost of sales -4,585,422 54,491 0 3,531 -4,527,400 Gross profit 1,289,018 47,820 0 3,531 1,340,369 Research and development expenses -587,710 34,262 0 0 -553,449 Distribution expenses -246,393 6,108 0 0 -240,284 Administrative expenses -247,299 28,726 0 0 -218,572 Other income 18,575 0 -2,819 0 15,756 Other expenses -17,990 1,045 8,917 1,855 -6,174 Operating Income 117,962 6,098 5,386 337,646 Earnings from investments accounted for using the equity method 9,531 Other income from investments -9,630 Earnings before interest and taxes (EBIT) 208,102 The corresponding reconciliation statement for the fiscal years 2026 and 2025 is as follows: € thousand 2026 as reported Restructuring Investments Other 2026 adjusted Sales 5,883,000 0 0 0 5,883,000 Cost of sales -4,630,650 12,605 0 3,176 -4,614,869 Gross profit 1,252,351 12,605 0 3,176 1,268,132 Research and development expenses -544,385 15,365 0 1,219 -527,800 Distribution expenses -255,803 1,254 0 3,588 -250,961 Administrative expenses -219,356 6,189 0 4,111 -209,055 Other income 19,224 0 -397 0 18,827 Other expenses -6,254 0 0 1,102 -5,152 Operating Income 35,414 -397 13,195 293,990 Earnings from investments accounted for using the equity method 6,302 Other income from investments -16,019 Earnings before interest and taxes (EBIT) 236,061
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24 Financial statement on the 3rd quarter of fiscal year 2026 Further notes 05 Notes to the cash flow statement As was the case in the prior year, the cash funds are solely made up of cash and cash equivalents total- ling €1,504,392 thousand (prior year: €1,080,131 thousand). In the current reporting period, depreciation, rec - ognised impairment losses and reversals of impair- ment losses of €435,151 thousand (prior year: €455,752 thousand) were recognised. Provisions decreased by €116,025 thousand (prior year: €26,892 thousand). The main factors contrib- uting to this in the reporting period were, in par - ticular, the utilisation of provisions for staff costs relating to structural measures, warranty provi - sions and provisions for supply and sales obliga- tions. The reporting year for the prior year, by contrast, was significantly influenced by the utilisa- tion and release of provisions for supply and sales obligations, as well as the utilisation of provisions for staff costs. In the reporting period for the prior year, this was offset by additions to personnel pro- visions as part of structural measures. Other non-cash income and cash flows not attrib- utable to operating activities totalled €12,504 thou- sand (prior year: €32,130 thousand). These consist primarily of valuation and discounting effects, as well as results from investments accounted for us- ing the equity method, both in the current report- ing period and in the prior year. The change in trade receivables and other assets not attributable to capital expenditure or financing activities led to a cash outflow of €205,919 thou - sand (prior year: €94,058 thousand), mainly due to trade receivables and increased contract assets. Cash inflows from the factoring programme result- ed in the amount of €1,788 thousand (prior year: €22,504 thousand). The changes in inventories led to a cash outflow of €125,981 thousand (prior year: €39,973 thousand), mainly due to lower invento- ries of raw materials and supplies, as well as goods for resale. The change in trade payables and other liabilities not attributable to investing or financing activities resulted in a cash inflow of €159,362 thousand (prior year: €151,118 thousand), driven mainly by trade payables. The balance of tax refunds and tax payments showed a cash outflow of €68,929 thousand (prior year: €74,017 thousand). The balance of interest received and paid showed a cash outflow of €15,383 thousand (prior year: €11,820 thousand). Cash flow from operating activities therefore showed a cash inflow of €291,502 thousand (prior year: €538,584 thousand). The balance of cash inflows from the sale and pay- ments for the procurement of intangible assets and property, plant and equipment led to cash outflows totalling €390,363 thousand (prior year: €470,105 thousand). Net payments on loans granted to associates re - sulted in cash outflows of €38,732 thousand (prior year: €30,467 thousand). In addition, cash outflows from securities transac- tions amounting to €25,628 thousand (prior year: €44,945 thousand) were recorded in the current reporting period. The cash flow of investing activities thus showed a cash outflow of €457,175 thousand (prior year: €548,556 thousand). In September 2026, HELLA issued a capital market bond maturing in September 2030, which is recog- nised as €299,025 thousand under "Proceeds from the issue of a bond". Repayments and cash receipts from the assump - tion of financial liabilities together amount to pay- ments of €45,021 thousand. (prior year: €41,263 thousand) and were mainly influenced by pay - ments from bills payable amounting to €34,021 thousand and lease liabilities amounting to €32,446 thousand, offset by inflows from the in - crease in a US dollar loan amounting to €21,526 thousand. The payments of €6,212 thousand reported in the same period of the prior year for the acquisition of non-controlling interests include the increase in the HELLA Group’s stake in the subsidiary HELLA India Lighting Limited to 100 per cent. The dividends paid totalling €24,444 thousand (prior year: €109,273 thousand) were attributable to distributions to the owners of the parent com - pany. After the annual general meeting on 30 April 2026, dividends totalling €24,444 thousand (€0.22 per no-par value share) were distributed to own - ers of the parent company. In the previous report-
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25 Financial statement on the 3rd quarter of fiscal year 2026 Further notes ing period, this dividend payment totalled €105,556 thousand (€0.95 per share). Cash flow from financing activities showed a cash outflow of €229,559 thousand (prior year: cash in- flow of €156,748 thousand).
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26 Financial statement on the 3rd quarter of fiscal year 2026 Further notes 06 Net cash flow For the internal management of the HELLA Group, net cash flow has been used as a performance in - dicator for Group management since the begin - ning of the fiscal year 2023. Net cash flow is a key performance indicator that is not defined in the International Financial Reporting Standards. How- ever, it is reported as additional information in the HELLA Group’s financial reporting as it is used for internal management purposes. The net cash flow is shown in relation to sales in order to provide appropriate information independent of the re - spective business volume of a reporting period. For this purpose, the cash inflows from the sale of equipment and intangible assets, plant and equip- ment as well as the payments for the procurement of equipment and intangible assets, plant and equipment are added to the cash flow from oper - ating activities. The resulting figure is the net cash flow. At €-98,861 thousand in the first nine months of the fiscal year 2026, net cash flow remained below the prior year's level of €68,480 thousand. This de- velopment is largely due to a lower cash flow from operating activities of €291,502 thousand (prior year: €538,584 thousand). The reduction of €247,083 thousand was driven in particular by the utilisation of provisions for structural measures and warranties, as well as increased working capi- tal commitments resulting from higher inventories due to the volatile global supply chain situation. On the other hand, a lower outflow of funds for cash-outflow-generating investing activities relat- ing to property, plant and equipment and intangi - ble assets has had a positive effect; this amounted to €390,363 thousand, which is lower than the prior year’s figure of €470,105 thousand. The improve - ment of €79,742 thousand was achieved through efficient capital allocation and strict cost discipline. In relation to sales totalling €5,883,000 thousand (prior year: €5,874,440 thousand), this results in a net cash flow ratio of -1.7% (prior year: 1.2%). The performance of the net cash flow for the first nine months of the fiscal years 2026 and 2025 is shown in the following table: € thousand 2026 2025 Net cash flow from operating activities 291,502 538,584 Cash receipts from the sale of intangible assets and property, plant and equipment 16,543 17,527 Payments for the purchase of intangible assets and property, plant and equipment -406,906 -487,632 Net cash flow -98,861 68,480
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27 Financial statement on the 3rd quarter of fiscal year 2026 Further notes 07 Contingent liabilites Warranty provisions are recognised taking into account conditions on the balance sheet date based on the expenses directly attributable to the processing of individual warranty cases. HELLA has concluded a commercial settlement agreement, covering past claims arising from a quality issue. The agreement provides for a fixed allocation of costs relating to field measures and any potential future warranty claims. Technical analyses carried out to date have not identified a definitive cause. HELLA continues to maintain that the relevant specifications were complied with and that there is no evidence of any breach of the ap- plicable conformity requirements. The financial impact is still uncertain. This is due, in part, to fu- ture trends in field data, customer behaviour and the effectiveness of the technical measures imple- mented.
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28 Financial statement on the 3rd quarter of fiscal year 2026 Further notes 08 Events after the balance sheet date Since the end of the third financial quarter, there have been no events or developments that would have led to a material change in the presentation or valuation basis of individual assets or liabilities as at 30 September 2026, or that would require disclosure.
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29 Financial statement on the 3rd quarter of fiscal year 2026 Lippstadt, 27 October 2026 The Managing General Partner of HELLA GmbH & Co. KGaA Hella Geschäftsführungsgesellschaft mbH Prof. Dr. Peter Laier (President and CEO of Hella Geschäftsführungsgesellschaft mbH) Stefan van Dalen (The Management Board of Hella Geschäftsführungsgesellschaft mbH) Philippe Vienney (The Management Board of Hella Geschäftsführungsgesellschaft mbH) Stefanie Rheker (The Management Board of Hella Geschäftsführungsgesellschaft mbH) Juan Manuel Mollá (The Management Board of Hella Geschäftsführungsgesellschaft mbH) Jörg Weisgerber (The Management Board of Hella Geschäftsführungsgesellschaft mbH)
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HELLA GmbH & Co. KGaA Rixbecker Strasse 75 59552 Lippstadt /Germany Tel. + 49 2941 38 - 0 Fax +49 294138-71 33 info@hella.com www.hella.com © HELLA GmbH & Co. KGaA, Lippstadt 94 avenue Gambetta - 75020 PARIS +33 (0)1 85 56 97 00 www.carrenoir.com TEINTE FORVIA Forvia_Hella_Logotype_Négatif FD Date : 20/12/2023 BLANC