BRIEF-Hyundai Motor Revises Down 2026 Annual Guidance Due To Weaker Global Industry Demand, Production Disruptions And Rising Raw Material Prices
Reuters2026/10/29 05:44Oct 29 (Reuters) - HYUNDAI MOTOR COMPANY 005380.KS:
HYUNDAI MOTOR: REVISES DOWN 2026 VEHICLE SALES TARGET TO 4 MILLION UNITS FROM PREVIOUSLY ANNOUNCED 4.16 MILLION UNITS
HYUNDAI MOTOR: REVISES DOWN CAPEX PLAN TO 16 TRILLION WON FROM PREVIOUSLY ANNOUNCED 17.8 TRILLION WON
HYUNDAI MOTOR: REVISES DOWN OPERATING PROFIT MARGIN TARGET TO 5.5-6.5% FROM PREVIOUSLY ANNOUNCED 6.3-7.3%
HYUNDAI MOTOR: REVISES DOWN 2026 ANNUAL GUIDANCE DUE TO WEAKER GLOBAL INDUSTRY DEMAND, PRODUCTION DISRUPTIONS AND RISING RAW MATERIAL PRICES
HYUNDAI MOTOR: THE REVISION IS A REALISTIC UPDATE TO REFLECT VOLUME DISRUPTIONS AND RAW MATERIAL COST INCREASES THAT ACCUMULATED DURING THE YEAR AND WERE BEYOND ITS CONTROL
HYUNDAI MOTOR: ADJUSTMENT DOES NOT SIGNAL A DETERIORATION IN ITS UNDERLYING BUSINESS COMPETITIVENESS OR EARNINGS CAPABILITY.
HYUNDAI MOTOR: EXPECTS TARIFF IMPACT TO STAND AT ABOUT 4 TRILLION WON THIS YEAR
HYUNDAI MOTOR: TO COMMUNICATE WITH SHAREHOLDERS REGARDING CO'S SHARE BUYBACK PLANS
Further company coverage: 005380.KS
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