DGAP-News

Correction: HELLA KGaA Hueck & Co.: Nine month results fiscal year 2014/2015: HELLA increases sales and earnings

DGAP-News: HELLA KGaA Hueck & Co. / Key word(s): 9-month figures
Correction: HELLA KGaA Hueck & Co.: Nine month results fiscal year
2014/2015: HELLA increases sales and earnings

27.03.2015 / 08:33

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Nine month results fiscal year 2014/2015: HELLA increases sales and
earnings

- Sales up 7 percent year on year to EUR 4.218 million

- Earnings before interest and taxes (EBIT) increase by 14 percent to EUR
309 million

- Expected growth in full-year sales and operating profit in a middle to
high single-digit percentage range

Lippstadt, 27 March 2015. HELLA KGaA Hueck & Co., a globally leading
supplier of lighting technology and electronic products for the automotive
industry, successfully built on previous growth in the third quarter of
fiscal year 2014/2015 and further accelerated its pace compared to the
second quarter. This was also helped by currency effects. Group sales over
the first nine months of this fiscal year increased by about 7 percent year
on year to EUR 4.218 billion (previous year: EUR 3.944 billion), thereby
once again outgrowing the global automotive market. Adjusted operating
earnings (EBIT) over the same period grew by circa 14 percent to EUR 309
million (prior year period: EUR 271 million). This corresponds to an
adjusted EBIT margin of 7.3 percent (previous year: 6.9 percent). Adjusted
by expenditures for the phased voluntary partial retirement and redundancy
program, operating earnings grew by approximately 6 percent to 318 million
(previous year: EUR 300 million). This corresponds to an adjusted EBIT
margin of 7.5 percent.

Strong momentum in the Automotive business carries on

HELLA's development in the third quarter continues the growth path
established in previous quarters, with HELLA's Automotive business again
being the decisive performance driver. Besides the general market recovery
in Western Europe the business was boosted particularly by HELLA's strong
positioning with German premium OEMs and the commencement of new projects
with high-quality LED technologies and electronic components. Nine month
Automotive sales rose 8.3 percent to EUR 3.4 billion (previous year: EUR
3.1 billion). External growth (without intra-business sales) was 10
percent.

"HELLA now reaps the rewards of the hard work that went into our