EQS-News

HELLA GmbH & Co. KGaA: HELLA significantly increases sales and earnings in the first half of the fiscal year 2022 - Seite 2

Lighting increases sales mainly due to higher production volumes after series launches in the previous year

In the first six months of the fiscal year 2022, the Business Group Lighting increased sales by 27.6% to €1.8 billion (H1 FY 21/22: €1.4 billion). Among other things, the Lighting business in the Chinese market developed positively, mainly as a result of higher production volumes following series launches in the previous year. EBIT rose to €37 million (H1 FY 21/22: €26 million), corresponding to an EBIT margin of 2.0%
(H1 FY 21/22: 1.8%).

Sales increase in the Electronics business due to high demand for diverse product solutions

In the Electronics Business Group, sales improved by 30.1% to €1.7 billion (H1 FY 21/22: €1.3 billion). This is due to high demand for a wide range of product solutions, for example for energy management, body and steering electronics. Compared to the previous year, EBIT increased significantly to €113 million (H1 FY 21/22: €65 million), and the EBIT margin amounts to 6.8% (H1 FY 21/22: 5.1%).

Lifecycle Solutions experiences positive development in key markets and with relevant target groups

In the Business Group Lifecycle Solutions, sales increased by 6.5% to €500 million
(H1 FY 21/22: €469 million). The spare parts business, for example, performed well in key national markets. In the commercial vehicle business, dealings with manufacturers of agricultural machinery, trucks and trailers, among other things, were successful. EBIT declined to €53 million (H1 FY 21/22: €66 million) due to shifts in the product mix as well as higher logistics costs. The EBIT margin therefore fell to 10.6% (H1 FY 21/22: 14.0%).

The Company outlook for the period 1 June 2022 to 31 May 2023 is confirmed

The Company outlook for the period from 1 June 2022 to 31 May 2023 continues to be in line with the forecast published in the annual report 2021/2022. Accordingly, HELLA expects to generate currency and portfolio-adjusted consolidated sales in the range of around €7.1 to 7.6 billion in this period; it expects to achieve a figure at the upper end of this range. The EBIT margin adjusted for structural measures and portfolio effects is expected to be at the lower end of the forecast range of around 5.5 to 7.0%.