Methode Electronics Inc. presented at the 2025 J.P. Morgan Auto Conference, highlighting several key developments. The company reported Q4 free cash flow of $26 million, marking the highest level since FY23. Additionally, record sales of over $80 million in FY25 were achieved in power products for data centers, with expectations for similar or greater sales in FY26. The company anticipates a reset of EV sales in FY26 due to a market slowdown in North America, particularly driven by Stellantis, but expects a return to growth in FY27. Despite a projected ~$100 million decrease in sales, FY26 guidance indicates a more than 100% increase in EBITDA. Methode Electronics continues its transformation, focusing on enhancing execution and growth, though the timeline has been extended due to market conditions. You can access the full presentation through the link below.
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