quartr
HLE: Sales up 1.6% year-over-year, but profitability pressured; 2026 outlook reaffirmed
Currency-adjusted sales grew 1.6% year-over-year, but operating income and net cash flow declined amid weak industry conditions and inflationary pressures. Electronics and Lifecycle Solutions segments posted growth, while Lighting saw a significant drop in sales and margin. Fiscal 2026 guidance is…