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Saf Holland SA (SFQN.DE)

SFQN.DE on Xetra

16.10EUR
23 May 2018
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Latest Key Developments (Source: Significant Developments)

Dgap-News Saf-Holland Finance Result For Q1 Of 2018 Improved To Eur -3.9 Million
Wednesday, 9 May 2018 01:29am EDT 

May 9 (Reuters) - SAF HOLLAND SA ::DGAP-NEWS: SAF-HOLLAND S.A.: SAF-HOLLAND MAINTAINS STRONG ORGANIC GROWTH IN THE FIRST QUARTER OF 2018; ADDITIONAL OPERATING EXPENSES IN THE US DECLINE.SAYS GROUP SALES ORGANICALLY INCREASE BY 8.8 PERCENT IN Q1 OF 2018.SAYS IN Q1 INCREASED GROUP SALES BY 2.6 PERCENT TO EUR 294.9 MILLION (PY: EUR 287.3 MILLION).SAYS EBIT AMOUNTED TO EUR 17.2 MILLION IN FIRST THREE MONTHS OF 2018 (PY: EUR 21.0 MILLION).SAYS FINANCE RESULT FOR Q1 OF 2018 IMPROVED TO EUR -3.9 MILLION (PY: EUR -4.3 MILLION).SAYS EXPECTS TO BE ABLE TO INCREASE GROUP SALES IN 2018 FINANCIAL YEAR BY 4.0 PERCENT TO 5.0 PERCENT ON AN ORGANIC BASIS.  Full Article

Saf Holland Adjusts Conversion Price And Ratio Of Convertible Bonds
Thursday, 26 Apr 2018 08:33am EDT 

April 26 (Reuters) - Saf Holland SA ::ADJUSTMENT OF CONVERSION PRICE AND CONVERSION RATIO OF CONVERTIBLE BONDS.EFFECTIVE FROM APRIL 27, 2018, ADJUSTED CONVERSION PRICE IS EUR 11.9235 FOR BONDS MATURING SEPT. 12, 2020.CONSEQUENTLY ADJUSTED CONVERSION RATIO IS 8,386.7992 (PREVIOUSLY 8,297.5846).  Full Article

Saf-Holland Buys 100 Pct Stake In York Transport Equipment (Asia) Pte. Ltd.
Wednesday, 21 Mar 2018 02:29am EDT 

March 21 (Reuters) - SAF HOLLAND SA ::ACQUIRES TRAILER AXLE AND SUSPENSION SYSTEM MANUFACTURER YORK TRANSPORT EQUIPMENT (ASIA) PTE. LTD..‍SALES CONTRIBUTION OF AROUND EUR 50 MILLION EXPECTED IN FIRST FULL YEAR FOLLOWING ACQUISITION​.ACQUIRING 100% OF SHARES IN YORK TRANSPORT EQUIPMENT (ASIA) PTE. LTD..‍PURCHASE PRICE FOR STAKE IN YORK, INCLUDING ALL LIABILITIES, AMOUNTS TO AROUND EUR 33 MILLION​.SEES CONTRIBUTION TO SAF-HOLLAND GROUP SALES OF AROUND EUR 50 MILLION WITH AN ADJUSTED EBIT MARGIN IN MID-SINGLE-DIGIT PERCENT RANGE.  Full Article

SAF-HOLLAND FY Result For Period Of EUR 41.0 Mln
Friday, 16 Mar 2018 02:24am EDT 

March 16 (Reuters) - SAF-HOLLAND SA ::2017 GROUP SALES OF EUR 1,138.9 MILLION (PY: EUR 1,042.0 MILLION), ORGANIC GROWTH OF 9.3%.FY ADJUSTED EBIT OF EUR 91.2 MILLION SLIGHTLY ABOVE PRIOR YEAR (PY: EUR 90.4 MILLION).FY RESULT FOR PERIOD OF EUR 41.0 MILLION (PY: EUR 43.5 MILLION).SMALL POSITIVE NET EFFECT IN 2017 FROM US TAX REFORM.DIVIDEND INCREASES TO EUR 0.45 (PY: EUR 0.44).2018 OUTLOOK: ORGANIC SALES TO GROW 4% TO 5%; ADJUSTED EBIT MARGIN EXPECTED IN RANGE OF 8% TO 8.5%.IN ADDITION TO SEEN IMPROVEMENT IN ADJUSTED EBIT, SEES ADDITIONAL POSITIVE EFFECTS ON RESULT IN 2018.EXPECTS DISPROPORTIONATE INCREASE IN RESULT FOR PERIOD VERSUS ADJUSTED EBIT IN 2018 FINANCIAL YEAR.OUTLOOK 2018: SEES A LOWER US INCOME TAX RATE IN 2018 FINANCIAL YEAR OF AROUND 23 PERCENT.  Full Article

SAF-HOLLAND Buys Majority Stake In Coupling System Specialist V.Orlandi
Friday, 16 Mar 2018 02:19am EDT 

March 16 (Reuters) - SAF HOLLAND SA ::DGAP-NEWS: SAF-HOLLAND S.A.: SAF-HOLLAND ACQUIRES MAJORITY STAKE IN COUPLING SYSTEM SPECIALIST V.ORLANDI S.P.A..ACQUISITION TO CONTRIBUTE SALES OF C. EUR 22 MILLION IN FIRST FY AND HAVE SLIGHT MARGIN-ACCRETIVE EFFECT.WILL INITIALLY ACQUIRE 70 % OF SHARES IN V.ORLANDI S.P.A.PURCHASE PRICE AMOUNTS TO APPROX. EUR 39 MILLION.PARTIES AGREED TO GRANT SAF-HOLLAND A CALL OPTION FOR REMAINING 30 % INTEREST IN COMPANY.CLOSING OF TRANSACTION IS EXPECTED NO LATER THAN IN Q2 OF 2018.AFTER TAKEOVER, COMPANY WILL CONTINUE TO OPERATE AS AN INDEPENDENT BUSINESS.  Full Article

Saf-Holland FY Adj EBIT Slightly Up At 91.2 Million Euros
Monday, 26 Feb 2018 01:34am EST 

Feb 26 (Reuters) - SAF HOLLAND SA ::BASED ON PRELIMINARY FIGURES, SAF-HOLLAND EXCEEDS 2017 SALES TARGET AND ACHIEVES OPERATING EARNINGS TARGET - CONTINUED SALES GROWTH AND EARNINGS IMPROVEMENT IN 2018 PLANNED.FY SALES ROSE 9.3 PERCENT TO 1.139 BILLION EUR.2017 GROUP SALES OF EUR 1,138.9 MILLION (PY: EUR 1,042.0 MILLION), ORGANIC GROWTH OF 9.3%.ADJUSTED EBIT 2017 OF EUR 91.2 MILLION SLIGHTLY ABOVE PRIOR YEAR (EUR 90.4 MILLION).2018: ORGANIC SALES PROJECTED TO GROW 4% TO 5%, ADJUSTED EBIT MARGIN EXPECTED IN RANGE OF 8% TO 8.5%.POSITIVE EFFECTS ON NET INCOME IN 2018 EXPECTED.EXPECTS TO BE ABLE TO EXPAND GROUP'S ORGANIC SALES BY 4% TO 5% DURING 2018 FINANCIAL YEAR.  Full Article

SAF-Holland Expands In China
Monday, 8 Jan 2018 10:36am EST 

Jan 8 (Reuters) - SAF HOLLAND SA ::‍RECEIVED A MILESTONE ORDER FROM CHINESE TRANSPORTATION VEHICLE AND TRAILER MANUFACTURER CHANGJIU​.‍SALES OF AROUND EUR 15 MILLION ARE EXPECTED IN 2018 UNDER THIS AGREEMENT​.‍PLANS TO NEARLY TRIPLE ITS SALES IN CHINA TO WELL ABOVE EUR 100 MILLION BY 2020​.DGAP-NEWS: SAF-HOLLAND S.A.: SAF-HOLLAND EXPANDS IN CHINA: RECEIVES MAJOR ORDER FOR AXLE AND SUSPENSION SYSTEMS AND INVESTS IN NEW PRODUCTION CENTER.  Full Article

SAF-HOLLAND Q3 sales up 8.3% at EUR 277.1 mln
Thursday, 9 Nov 2017 01:28am EST 

Nov 9 (Reuters) - SAF HOLLAND SA ::DGAP-NEWS: SAF-HOLLAND S.A.: SAF-HOLLAND INCREASES GROUP SALES BY 8.3% IN THE THIRD QUARTER OF 2017.Q3 EBIT 15.5 MILLION EUR VERSUS 16.2 MILLION EUR YEAR AGO.‍SALES IN Q3 OF 2017 BY 8.3% TO EUR 277.1 MILLION​.OUTLOOK 2017: ‍CONFIRMS ADJUSTED OUTLOOK ANNOUNCED ON OCTOBER 9, 2017​.‍GROUP'S ADJUSTED EBIT IN Q3 OF 2017 REACHED EUR 20.9 MILLION (PREVIOUS YEAR: EUR 21.6 MILLION)​.‍ADJUSTED RESULT REACHED EUR 11.5 MILLION (PREVIOUS YEAR: EUR 13.4 MILLION) IN Q3​.  Full Article

SAF Holland Q2 EBIT down at 20.6 mln euros
Thursday, 10 Aug 2017 01:30am EDT 

Aug 10 (Reuters) - SAF HOLLAND SA ::DGAP-NEWS: SAF-HOLLAND S.A.: SAF-HOLLAND RECORDS STRONG ORGANIC SALES GROWTH AND AN ADJUSTED EBIT MARGIN OF 8.9% IN THE SECOND QUARTER.Q2 EBIT 20.6 MILLION EUR VERSUS 23.8 MILLION EUR YEAR AGO.‍GROUP SALES INCREASE BY 9.7% IN Q2 OF 2017​.‍OUTLOOK: AFTER STRONG FIRST HALF-YEAR, SALES IN 2017 EXPECTED TO TEND TOWARDS UPPER END OF PLANNED TARGET RANGE; COMPANY CONFIRMS FORECAST FOR ADJUSTED EBIT MARGIN​.‍EBIT IN FIRST HALF OF 2017 REACHED EUR 41.6 MILLION AND WAS BELOW PREVIOUS YEAR'S LEVEL OF EUR 44.6 MILLION​.‍EBIT IN Q2 AMOUNTED TO EUR 20.6 MILLION (PREVIOUS YEAR: EUR 23.8 MILLION)​.‍ADJUSTED RESULT FOR PERIOD IN Q2 OF 2017 WAS 6.5% LOWER THAN IN SAME PERIOD OF PREVIOUS YEAR REACHING EUR 15.9 MILLION​.  Full Article

Saf-Holland CEO says U.S. protectionism can be advantageous for co
Friday, 17 Mar 2017 06:48am EDT 

SAF-Holland CEO tells Reuters : U.S. protectionism can be advantageous for us as more local production means more transportation via trucks . Targets at least break-even in Brazil in 2017, but market prospects there remain unclear . Will continue to acquire companies, main target reason is asia-pacific Further company coverage: [SFQN.DE] ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

BRIEF-Saf Holland Adjusts Conversion Price And Ratio Of Convertible Bonds

* ADJUSTMENT OF CONVERSION PRICE AND CONVERSION RATIO OF CONVERTIBLE BONDS