Hyundai Autoever Q1 2026: Revenue up 12.3%, debt ratio improves, major contracts ongoing

Consolidated revenue reached KRW 935,708 million, up 12.3% YoY from KRW 833,010 million, with growth across ITO, SI, and automotive SW segments
Consolidated operating profit of KRW 21,175 million and separate operating profit of KRW 10,981 million
Debt ratio improved to 86% from 92% at previous year-end, a 6%p reduction
Major projects underway: hCloud service contract (KRW 125.5 bn), next-gen ERP for HQ/Americas (KRW 116.7 bn) and Asia-Pacific/Europe (KRW 108.9 bn)
Dividend policy targets 25-35% payout ratio; 2025 cash dividend of KRW 1,900 per share (actual payout ratio 28.6%)
R&D expenses of KRW 18,898 million (2.02% of revenue), 1,277 registered patents
Greenhouse gas emissions of 23,446 tCO2eq (Paju site, 2026 allocation), energy usage declining trend
6 ongoing lawsuits (aggregate claim KRW 1,052 million), outcomes uncertain