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Lenovo Group Restricted (OTCPK:LNVGY) Q2 2025 Earnings Name November 14, 2024 9:00 PM ET
Firm Members
Jenny Lai – Vice President, Investor RelationsYuanqing Yang – Chairman and Chief Government OfficerWai Ming Wong – Group Chief Monetary OfficerKin Wong – President, Options and Providers GroupVlad Rozanovich – Senior Vice President, Infrastructure Options GroupLuca Rossi – President, Clever Units GroupSergio Buniac – Senior Vice President, Cell Enterprise Group and President, Motorola
Jenny Lai
Good morning, good afternoon and good night. Welcome to Lenovo’s Earnings Investor Webcast. That is Jenny Lai, Vice President of Investor Relations. Thanks, everybody, for becoming a member of us.
Earlier than we begin, I want to introduce our administration crew becoming a member of the decision at the moment. Lenovo’s Chairman and CEO, Yuanqing Yang; Group CFO, Wai Ming Wong; President of Options and Providers Group, Kin Wong; Senior Vice President of Infrastructure Options Group, Vlad Rozanovich; President of Clever Units Group, Luca Rossi; and Senior Vice President of Cell Enterprise Group and President of Motorola, Sergio Buniac. We are going to start with earnings shows. And after that, we’ll open the decision for questions.
Now, let me flip it over to Yuanqing. Yuanqing, please.
Yuanqing Yang
Howdy, everybody and thanks for becoming a member of us. Final quarter, Lenovo delivered accelerated income year-on-year progress for the fourth consecutive quarter with all of our companies attaining sturdy double-digit progress. The group’s web revenue enhance is much more important. That is pushed by sturdy execution of our clear technique, main improvements in hybrid AI, operational excellence and a worldwide footprint. And we’re optimistic that this momentum will maintain for the rest of the fiscal yr.
Final quarter, our group income grew nearly 24% year-on-year. Web revenue elevated 48% year-on-year on our non-Hong Kong FRS foundation. Our diversified progress engines additional accelerated with the non-PC income combine, rising greater than
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