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LG Energy Profit Beats Estimates on Energy-Storage System Demand

Bloomberg Markets ·

🇬🇧 English

LG Energy Solution Ltd. reported preliminary third-quarter earnings that significantly exceeded analyst expectations. Operating profit reached 756 billion won ($56 million) for the period ending Sept. 30, more than double the 365.5 billion won average estimate. Revenue of 9.6 trillion won surpassed the forecast of 8.5 trillion won.

Earnings were driven by US manufacturing incentives and surging demand for energy-storage systems. The restart of production at joint-venture facilities in North America provided additional support, alongside a pick-up in European electric-vehicle shipments. The company is shifting capacity toward energy-storage systems to offset softening global electric-vehicle battery sales, while expanding US production to benefit from the Advanced Manufacturing Production Credit scheme.

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🇸🇦 العربية

LG للطاقة تتجاوز تقديرات الربع الثالث بفضل طلب التخزين

LG Energy Solution Ltd. reported preliminary third-quarter earnings that significantly exceeded analyst expectations. Operating profit reached 756 billion won ($56 million) for the period ending Sept. 30, more than double the 365.5 billion won average estimate. Revenue of 9.6 trillion won surpassed the forecast of 8.5 trillion won.

Earnings were driven by US manufacturing incentives and surging demand for energy-storage systems. The restart of production at joint-venture facilities in North America provided additional support, alongside a pick-up in European electric-vehicle shipments. The company is shifting capacity toward energy-storage systems to offset softening global electric-vehicle battery sales, while expanding US production to benefit from the Advanced Manufacturing Production Credit scheme.

ما الذي دفع LG للطاقة لتجاوز تقديرات أرباح الربع الثالث؟

كان تجاوز توقعات الأرباح مدفوعًا بالحوافز التصنيعية في الولايات المتحدة وزيادة الطلب على أنظمة تخزين الطاقة، ودعمه إعادة تشغيل الإنتاج في المرافق المشتركة في أمريكا الشمالية وزيادة شحنات المركبات الكهربائية في أوروبا.

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🇧🇩 বাংলা

LG এনার্জি স্টোরেজ ডিমান্ডের কারণে Q3 অনুমানকে অতিক্রম করেছে

LG Energy Solution Ltd. reported preliminary third-quarter earnings that significantly exceeded analyst expectations. Operating profit reached 756 billion won ($56 million) for the period ending Sept. 30, more than double the 365.5 billion won average estimate. Revenue of 9.6 trillion won surpassed the forecast of 8.5 trillion won.

Earnings were driven by US manufacturing incentives and surging demand for energy-storage systems. The restart of production at joint-venture facilities in North America provided additional support, alongside a pick-up in European electric-vehicle shipments. The company is shifting capacity toward energy-storage systems to offset softening global electric-vehicle battery sales, while expanding US production to benefit from the Advanced Manufacturing Production Credit scheme.

LG এনার্জির Q3 লাভের বাড়ি কি কারণে হয়েছে?

লাভের বাড়ি যুক্তরাষ্ট্রের উত্পাদন প্রोत्सাহন এবং انرژی-স্টোরেজ সিস্টেমের চাহিদার বাড়ি দ্বারা চালিত হয়েছিল, যা উত্তর আমেরিকায় সংयुक्त উদ্যোগ সুবিধার উৎপাদনের পুনরারंभ এবং ইউরোপীয় ইলেকট্রিক ভিকেল শিপমেন্টে বৃদ্ধি দ্বারা সমর্থিত ছিল।

বাংলা version →


🇩🇪 Deutsch

LG Energy übertrifft Q3-Schätzungen aufgrund von Speicher-Nachfrage

LG Energy Solution Ltd. reported preliminary third-quarter earnings that significantly exceeded analyst expectations. Operating profit reached 756 billion won ($56 million) for the period ending Sept. 30, more than double the 365.5 billion won average estimate. Revenue of 9.6 trillion won surpassed the forecast of 8.5 trillion won.

Earnings were driven by US manufacturing incentives and surging demand for energy-storage systems. The restart of production at joint-venture facilities in North America provided additional support, alongside a pick-up in European electric-vehicle shipments. The company is shifting capacity toward energy-storage systems to offset softening global electric-vehicle battery sales, while expanding US production to benefit from the Advanced Manufacturing Production Credit scheme.

Was hat den Gewinnsprung von LG Energy im Q3 verursacht?

Der Gewinnsprung wurde durch US-amerikanische Herstellungsanreize und die steigende Nachfrage nach Energiespeichersystemen verursacht, unterstützt durch den Wiederanlauf der Produktion in den Nordamerika-Joint-Ventures und einem Anstieg der europäischen Elektrofahrzeuglieferungen.

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🇪🇸 Español

LG Energy supera las estimaciones del Q3 gracias a la demanda de almacenamiento

LG Energy Solution Ltd. reported preliminary third-quarter earnings that significantly exceeded analyst expectations. Operating profit reached 756 billion won ($56 million) for the period ending Sept. 30, more than double the 365.5 billion won average estimate. Revenue of 9.6 trillion won surpassed the forecast of 8.5 trillion won.

Earnings were driven by US manufacturing incentives and surging demand for energy-storage systems. The restart of production at joint-venture facilities in North America provided additional support, alongside a pick-up in European electric-vehicle shipments. The company is shifting capacity toward energy-storage systems to offset softening global electric-vehicle battery sales, while expanding US production to benefit from the Advanced Manufacturing Production Credit scheme.

¿Qué impulsó el superamiento de las estimaciones de ganancias de LG Energy en el Q3?

El superamiento de las estimaciones de ganancias fue impulsado por los incentivos de fabricación en EE.UU. y el aumento de la demanda de sistemas de almacenamiento de energía, respaldado por el reinicio de la producción en instalaciones conjuntas en Norteamérica y el aumento de los envíos de vehículos eléctricos en Europa.

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🇫🇷 Français

LG Energy dépasse les estimations du T3 grâce à la demande de stockage

LG Energy Solution Ltd. reported preliminary third-quarter earnings that significantly exceeded analyst expectations. Operating profit reached 756 billion won ($56 million) for the period ending Sept. 30, more than double the 365.5 billion won average estimate. Revenue of 9.6 trillion won surpassed the forecast of 8.5 trillion won.

Earnings were driven by US manufacturing incentives and surging demand for energy-storage systems. The restart of production at joint-venture facilities in North America provided additional support, alongside a pick-up in European electric-vehicle shipments. The company is shifting capacity toward energy-storage systems to offset softening global electric-vehicle battery sales, while expanding US production to benefit from the Advanced Manufacturing Production Credit scheme.

Qu'est-ce qui a permis à LG Energy de dépasser ses estimations de bénéfice au T3 ?

La dépassement des estimations de bénéfice a été entraîné par les incitations à la fabrication aux États-Unis et par la hausse de la demande pour les systèmes de stockage d'énergie, soutenu par la reprise de la production dans les installations conjointes en Amérique du Nord et par l'augmentation des livraisons de véhicules électriques en Europe.

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🇮🇳 हिन्दी

LG एनर्जी भंडारण मांग के कारण Q3 अनुमानों को पार कर गई

LG Energy Solution Ltd. reported preliminary third-quarter earnings that significantly exceeded analyst expectations. Operating profit reached 756 billion won ($56 million) for the period ending Sept. 30, more than double the 365.5 billion won average estimate. Revenue of 9.6 trillion won surpassed the forecast of 8.5 trillion won.

Earnings were driven by US manufacturing incentives and surging demand for energy-storage systems. The restart of production at joint-venture facilities in North America provided additional support, alongside a pick-up in European electric-vehicle shipments. The company is shifting capacity toward energy-storage systems to offset softening global electric-vehicle battery sales, while expanding US production to benefit from the Advanced Manufacturing Production Credit scheme.

LG एनर्जी की Q3 लाभ में वृद्धि क्या कारण बनी?

लाभ में वृद्धि अमेरिकी विनिर्माण प्रोत्साहन और ऊर्जा भंडारण प्रणालियों की बढ़ती मांग द्वारा चलाई गई, जो उत्तरी अमेरिका में संयुक्त उद्यम सुविधाओं के उत्पादन के पुनरारंभ और यूरोपीय इलेक्ट्रिक वाहन शिपमेंट में वृद्धि द्वारा समर्थित थी।

हिन्दी version →


🇮🇩 Bahasa Indonesia

LG Energy Mengakali Estimasi Q3 Akibat Permintaan Penyimpanan

LG Energy Solution Ltd. reported preliminary third-quarter earnings that significantly exceeded analyst expectations. Operating profit reached 756 billion won ($56 million) for the period ending Sept. 30, more than double the 365.5 billion won average estimate. Revenue of 9.6 trillion won surpassed the forecast of 8.5 trillion won.

Earnings were driven by US manufacturing incentives and surging demand for energy-storage systems. The restart of production at joint-venture facilities in North America provided additional support, alongside a pick-up in European electric-vehicle shipments. The company is shifting capacity toward energy-storage systems to offset softening global electric-vehicle battery sales, while expanding US production to benefit from the Advanced Manufacturing Production Credit scheme.

Apa yang mendorong LG Energy untuk mengakali estimasi keuntungan Q3?

Keuntungan yang melebihi estimasi dipicu oleh insentif produksi di AS dan permintaan yang melonjak untuk sistem penyimpanan energi, yang didukung oleh kembali aktifnya produksi di fasilitas joint venture di Amerika Utara dan peningkatan pengiriman kendaraan listrik di Eropa.

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🇯🇵 日本語

LGエナジー、貯蔵需要でQ3予想を上回る

LG Energy Solution Ltd. reported preliminary third-quarter earnings that significantly exceeded analyst expectations. Operating profit reached 756 billion won ($56 million) for the period ending Sept. 30, more than double the 365.5 billion won average estimate. Revenue of 9.6 trillion won surpassed the forecast of 8.5 trillion won.

Earnings were driven by US manufacturing incentives and surging demand for energy-storage systems. The restart of production at joint-venture facilities in North America provided additional support, alongside a pick-up in European electric-vehicle shipments. The company is shifting capacity toward energy-storage systems to offset softening global electric-vehicle battery sales, while expanding US production to benefit from the Advanced Manufacturing Production Credit scheme.

LGエナジーの第3四半期の利益予想上振れをもたらした要因は何ですか?

利益の予想上振れは、米国の製造インセンティブとエネルギー貯蔵システムへの需要の急増によってもたらされ、北米の合弁施設での生産再開とヨーロッパでの電気自動車出荷の増加によって支えられました。

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🇧🇷 Português

LG Energy supera estimativas do Q3 devido à demanda por armazenamento

LG Energy Solution Ltd. reported preliminary third-quarter earnings that significantly exceeded analyst expectations. Operating profit reached 756 billion won ($56 million) for the period ending Sept. 30, more than double the 365.5 billion won average estimate. Revenue of 9.6 trillion won surpassed the forecast of 8.5 trillion won.

Earnings were driven by US manufacturing incentives and surging demand for energy-storage systems. The restart of production at joint-venture facilities in North America provided additional support, alongside a pick-up in European electric-vehicle shipments. The company is shifting capacity toward energy-storage systems to offset softening global electric-vehicle battery sales, while expanding US production to benefit from the Advanced Manufacturing Production Credit scheme.

O que impulsionou o superamento das estimativas de lucro da LG Energy no Q3?

O superamento das estimativas de lucro foi impulsionado pelos incentivos à fabricação nos EUA e pelo aumento da demanda por sistemas de armazenamento de energia, apoiado pela retomada da produção em instalações conjuntas na América do Norte e pelo aumento dos embarques de veículos elétricos na Europa.

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🇷🇺 Русский

LG Energy превзошла прогнозы Q3 благодаря спросу на накопители энергии

LG Energy Solution Ltd. reported preliminary third-quarter earnings that significantly exceeded analyst expectations. Operating profit reached 756 billion won ($56 million) for the period ending Sept. 30, more than double the 365.5 billion won average estimate. Revenue of 9.6 trillion won surpassed the forecast of 8.5 trillion won.

Earnings were driven by US manufacturing incentives and surging demand for energy-storage systems. The restart of production at joint-venture facilities in North America provided additional support, alongside a pick-up in European electric-vehicle shipments. The company is shifting capacity toward energy-storage systems to offset softening global electric-vehicle battery sales, while expanding US production to benefit from the Advanced Manufacturing Production Credit scheme.

Что привело к превышению прогнозов прибыли LG Energy за Q3?

Превышение прогнозов прибыли было обусловлено производственными стимулами в США и резким ростом спроса на системы накопления энергии, поддерживаемым перезапуском производства на совместных предприятиях в Северной Америке и ростом поставок электромобилей в Европу.

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🇨🇳 简体中文

LG 能源因储能需求超额完成 Q3 业绩预期

LG Energy Solution Ltd. reported preliminary third-quarter earnings that significantly exceeded analyst expectations. Operating profit reached 756 billion won ($56 million) for the period ending Sept. 30, more than double the 365.5 billion won average estimate. Revenue of 9.6 trillion won surpassed the forecast of 8.5 trillion won.

Earnings were driven by US manufacturing incentives and surging demand for energy-storage systems. The restart of production at joint-venture facilities in North America provided additional support, alongside a pick-up in European electric-vehicle shipments. The company is shifting capacity toward energy-storage systems to offset softening global electric-vehicle battery sales, while expanding US production to benefit from the Advanced Manufacturing Production Credit scheme.

什么推动了 LG 能源 Q3 利润超预期?

利润超预期是由美国制造激励和储能系统需求激增推动的,并得到了北美合资企业生产重启和欧洲电动汽车出货量增加的支持。

简体中文 version →