checkAd

    DGAP-News  535  0 Kommentare SAF-HOLLAND S.A.: Good growth in sales and earnings for financial year 2014


    DGAP-News: SAF-HOLLAND S.A. / Key word(s): Final Results
    SAF-HOLLAND S.A.: Good growth in sales and earnings for financial year
    2014

    12.03.2015 / 07:00

    ---------------------------------------------------------------------

    SAF-HOLLAND: Good growth in sales and earnings for financial year 2014

    * Group sales increased by 12 percent to EUR 959.7 million
    * Earnings per share significantly increased
    * Dividend of EUR 0.32 per share proposed
    * Sales and earnings targets for 2015 confirmed

    Luxembourg, March 12, 2015 - SAF-HOLLAND made good progress in both sales
    and earnings in financial year 2014. In total, the globally-active
    commercial vehicle industry supplier increased Group sales by 12 percent to
    EUR 959.7 million (previous year: EUR 857.0 million) and thus surpassed the
    defined target corridor of EUR 920 to EUR 945 million. Adjusted EBIT
    increased by 19.2 percent to EUR 70.7 million (previous year: EUR 59.3
    million) and achieved with an adjusted EBIT margin of 7.4 percent (previous
    year: 6.9 percent) the target set for 2014. Earnings per share increased
    significantly to EUR 0.72 (previous year: EUR 0.54) while average number of
    shares remained the same at 45.4 million.


    Share of sales increased outside core markets in particular
    All sales regions and Business Units contributed to the positive business
    development. Not least as a result of forward-looking capacity planning,
    SAF-HOLLAND was able to benefit extensively from the continued recovery in
    the European market and from strong demand in North America. Europe again
    strengthened its position as a primary source of sales. Here, with EUR
    496.5 million (previous year: 447.9 million), the company generated a 51.7
    percent share of Group sales (previous year: 52.3 percent). From the second
    quarter 2014, North American quarterly sales were continually above the
    comparable figures from the respective prior-year period. In total, sales
    increased to EUR 363.9 million (previous year: EUR 339.1 million). 37.9
    percent of Group sales thus come from this region (previous year: 39.5
    percent). Detlef Borghardt, CEO of SAF-HOLLAND: "We are very pleased with
    the strong market growth for both class 8 trucks and for trailers in the
    important North American market as we continue to grow our sales through
    our excellent market position and the quality of our innovative products
    and will be able to gain further market share, especially in the trailer
    sector."

    In regions outside the core markets, including the BRIC countries,
    Seite 1 von 5


    EQS Group AG
    0 Follower
    Autor folgen

    Verfasst von EQS Group AG
    DGAP-News SAF-HOLLAND S.A.: Good growth in sales and earnings for financial year 2014 DGAP-News: SAF-HOLLAND S.A. / Key word(s): Final Results SAF-HOLLAND S.A.: Good growth in sales and earnings for financial year 2014 12.03.2015 / 07:00 --------------------------------------------------------------------- SAF-HOLLAND: Good growth in …

    Schreibe Deinen Kommentar

    Disclaimer