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SAF-HOLLAND's sales and earnings surge in the first nine months of 2015 - Seite 4

approx. 4 % together with the positive exchange rate effects already
described make us confident that full-year 2015 Group sales will reach at
least the upper end of our projected sales range of EUR 980 million to EUR
1,035 million (previous year: EUR 959.7 million) or slightly higher. Cost
discipline, combined with higher production efficiency as well as
satisfactory capacity utilization in most markets, should lead to
disproportionately high earnings growth for the full year. Therefore, the
company continues to expect a noticeable year-over-year rise in the
company's profitability and an adjusted EBIT margin at the lower end of the
9 - 10% range (previous year: 7.4%). Assuming that developments in both the
economy and industry continue to be stable, management continues to expect
adjusted EBIT for the full year of 2015 to be slightly higher than EUR 90
million (previous expectation: around EUR 90 million). Unchanged,
management expects earnings per share to grow at least 30% taking fully
into account the higher number of share equivalents due to the convertible
bonds issued in 2014.

Notes:
Adjusted EBIT was adjusted for the following items that are not
attributable to the operating business: amortization resulting from
purchase price allocation and impairment reversals on intangible assets
from impairment tests as well as one-time restructuring and integration
costs. The nine-month report of SAF-HOLLAND S.A. as of September 30, 2015
can be accessed at
http://corporate.safholland.com/en/investoren/reports/2015.html.

Company Profile:
SAF-HOLLAND S.A., located in Luxembourg, is the largest listed supplier to
the commercial vehicle market in Europe. With sales of approximately EUR
960 million in 2014 and more than 3,000 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 Aftermarket Business Unit sells
spare parts to the Original Equipment Service (OES) of the manufacturers
and to end customers and service centers through its own extensive global
service and 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.


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

Phone [phone]
[e-mail]



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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: [phone] - 0
Fax: [phone] - 260
E-mail: [e-mail]
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, Munich,
Stuttgart


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