DGAP-News 296 0 Kommentare SAF-HOLLAND S.A.: Restructuring of North American plant network - Seite 2

The consolidation of production capacity in North America allows for far-reaching improvements through better customer proximity and thereby leaner logistics operations, centralized production processes and productivity increases. SAF-HOLLAND currently expects to reduce the direct cost base by a mid-single-digit US$ million amount annually after the completion of this restructuring.

About SAF-HOLLAND:
SAF-HOLLAND S.A., located in Luxembourg, is the largest independent listed supplier to the commercial vehicle market in Europe. With sales of approximately EUR 1,060 million in 2015 and more than 3,100 employees, the company is one of the world's leading manufacturers and suppliers of chassis-related systems and components primarily for trailers, trucks, buses, and recreational vehicles. The product range comprises axle and suspension systems, fifth wheels, kingpins, and landing gear and is marketed under the brands SAF, HOLLAND, and Neway. SAF-HOLLAND sells its products to Original Equipment Manufacturers (OEMs) on six continents. The Group's Aftermarket business sells spare parts to the service networks of Original Equipment Suppliers (OES), as well as to end customers and service centers through its extensive global parts distribution network. SAF-HOLLAND is one of the few suppliers in the truck and trailer industry that is internationally positioned in almost all markets worldwide.

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SAF-HOLLAND contact for analysts and investors:
Stephan Haas

Telefon: +49 (0)6095 301 617

E-Mail: stephan.haas@safholland.de

SAF-HOLLAND contact for media and investors:
Christina Hüttner

Telefon: +49 (0)6095 301 255

E-Mail: christina.huettner@safholland.de

Contact:
SAF-HOLLAND GmbH
Stephan Haas
Hauptstraße 26
63856 Bessenbach

Phone +49 6095 301-617
Stephan.Haas@safholland.de

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Language:	English
Company:	SAF-HOLLAND S.A.
	68-70, boulevard de la Pétrusse
	L-2320 Luxembourg
	Grand Duchy of Luxembourg
Phone:	+49 6095 301 - 0
Fax:	+49 6095 301 - 260
E-mail:	info@safholland.de
Internet:	www.safholland.com
ISIN:	LU0307018795, DE000A1HA979,
WKN:	A0MU70, A1HA97
Indices:	SDAX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange