LG Electronics Inc
XMUN:LGLG

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LG Electronics Inc Logo
LG Electronics Inc
XMUN:LGLG
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Price: 24.6 EUR 7.89% Market Closed
Market Cap: €4B

LG Electronics Inc
Investor Relations

LG Electronics makes home appliances, consumer electronics, and displays. Its product lineup includes TVs, refrigerators, washers, dryers, air conditioners, vacuum cleaners, monitors, and other household and office devices. It also supplies components and products for business customers, such as automotive electronics and commercial display systems. The company sells mainly to households, retailers, distributors, and corporate customers around the world. It earns money by manufacturing and selling finished hardware, plus related services, parts, and in some cases long-term support for business products. For consumers, the value is simple: LG is a branded seller of appliances and electronics that sit in the home or office. For business buyers, it provides equipment and components that go into vehicles, buildings, and commercial installations. What makes LG’s business model distinctive is that it sits close to the end customer but also reaches into the supply chain behind larger products. Unlike software or subscription companies, most of its revenue depends on physical products that must be designed, built, shipped, and replaced over time. That gives LG a mix of consumer brand exposure, manufacturing scale, and business-to-business electronics exposure in one company.

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Last Earnings Call
Fiscal Period
Q1 2026
Call Date
Apr 29, 2026
AI Summary
Q1 2026

Results: LG Electronics reported Q1 2026 consolidated sales of KRW 23.72 trillion and operating income of KRW 1.67 trillion, with profit up year over year despite geopolitical and cost pressure.

Business mix: HS and VS both posted record quarterly sales, and VS also set a record quarterly operating income, while MS turned operating income positive on a better mix and cost control.

Outlook: Management flagged Q2 headwinds from oil prices, tariffs, memory inflation, and softer demand, but said it will lean on region-specific strategies, supply chain flexibility, and cost control.

Growth areas: LG highlighted progress in robots, robotic components, and AI data center cooling, saying chiller revenue could reach KRW 1 trillion ahead of schedule and that humanoid robot POC validation starts this year.

Shareholder returns: The company said it has completed about 60% of a KRW 100 billion share repurchase program and plans to keep buying back shares quickly.

Q&A focus: Analysts pressed on tariff refunds, Middle East-related freight costs, MS turnaround prospects, and memory shortages; management said it expects tariff impacts to be manageable and sees MS returning to profitability in 2026.

Key Financials
Consolidated sales
KRW 23.72 trillion
Operating income
KRW 1.67 trillion
Net income
KRW 1.51 trillion
Cash flow from operating activities
KRW 1.1 trillion
Cash flow from investing activities
negative KRW 1.17 trillion
Net cash flow
negative KRW 188.1 billion
Cash balance
KRW 8.63 trillion
Assets
KRW 71.2 trillion
Liabilities
KRW 40.7 trillion
Equity
KRW 30.5 trillion
HS sales
KRW 6.94 trillion
HS operating income
KRW 569.7 billion
MS sales
KRW 5.16 trillion
MS operating income
KRW 371.8 billion
VS sales
KRW 3.64 trillion
VS operating income
KRW 211.6 billion
ES sales
KRW 2.82 trillion
ES operating income
KRW 248.5 billion
Middle East maritime cargo volume
approximately 5%
Total maritime logistic costs
more than 10%
HS shipments logistics impact
more than 10%
LG Magna Mexico plant utilization
steady increase
Share repurchase completion
about 60%
Share repurchase program
KRW 100 billion
Additional shareholder return plan
KRW 200 billion
Chiller revenue target
KRW 1 trillion
Data center cooling order intake
tripled year over year in 2025
Chiller addressable market
$1.6 billion in 2026
Chiller addressable market by 2030
$12.7 billion
Order to delivery lead time
approximately 6 months for standard chillers
Order to delivery lead time
9 months for customized equipment
PC price increases
approximately 15% to 20%
Earnings Call Recording
Other Earnings Calls

Management

Mr. Joo-Wan Cho
CEO, Chief Strategy Officer & Executive Director
No Bio Available
Mr. Chang-Tae Kim
CFO, Chief Risk Management Officer & Inside Director
No Bio Available
Dr. Byoung-hoon Kim
Executive VP & CTO
No Bio Available
Mr. Sang-Gyu Choi
Head of Korea Sales Division
No Bio Available
Mr. Soon-Kook Hong
Director of Material/ Production Technology Institute
No Bio Available
Mr. Sang-Bong Lee
Head of Energy Business Center
No Bio Available
Dr. Darin P. W. Graham
Head of the LG Artificial Intelligence (AI) Lab in Toronto
No Bio Available
Silvio Rotondaro
Head of National Field Sales for German Market
No Bio Available
Jae-Seok Shin
Head of Project Management Team for Mobile Communications Division
No Bio Available
Mr. Morris Lee
President of Mobile Communications
No Bio Available

Contacts

Address
SEOUL
Seoul
LG Twin Tower, 128, Yeoui-daero, Yeongdeungpo-gu
Contacts
+82237771114.0
www.lge.co.kr
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