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Saf Holland SA (SFQN.DE)

SFQN.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

Saf-Holland Q3 EBIT Increases By 45.2 Pct To EUR 22.5 Mln
Friday, 19 Oct 2018 01:34am EDT 

Oct 19 (Reuters) - Saf Holland SA ::DGAP-NEWS: SAF-HOLLAND S.A.: SAF-HOLLAND'S PRELIMINARY FIGURES FOR Q3 2018 SHOW AN INCREASE OF 15.0% IN ORGANIC SALES AND AN ADJUSTED EBIT MARGIN OF 8.0% (INCLUDING EXTRAORDINARY INCOME OF EUR 4.4 MILLION); COMPANY REFINES ITS OUTLOOK FOR 2018.Q3 GROUP SALES INCREASE BY 22.9% TO EUR 340.6 MILLION (PY: EUR 277.1 MILLION).Q3 EBIT INCREASES BY 45.2% TO EUR 22.5 MILLION (PY: EUR 15.5 MILLION).Q3 EBIT INCLUDES EXTRAORDINARY INCOME FROM SETTLEMENT OF A US MEDICAL PLAN IN AMOUNT OF EUR 4.4 MILLION.Q3 ADJUSTED EBIT IMPROVED TO EUR 27.1 MILLION (PY: EUR 20.9 MILLION).ADJUSTED EBIT MARGIN FOR 2018 SEEN RATHER TENDING TO LOWER END OF TARGET RANGE OF 7.0% TO 8.0%.CONFIRMS TARGET FOR A RETURN OF ADJUSTED GROUP EBIT MARGIN TO A LEVEL OF AT LEAST 8.0% IN YEARS AHEAD.  Full Article

Saf-Holland Q2 Adjusted EBIT At EUR 23.8 Mln
Tuesday, 14 Aug 2018 01:32am EDT 

Aug 14 (Reuters) - SAF HOLLAND SA ::SALES SURGE IN THE SECOND QUARTER OF 2018; RESULT FOR THE PERIOD INCREASES 2%.Q2 SALES ROSE 15 PERCENT TO 345.4 MILLION EUR.Q2 ADJUSTED EBIT AT EUR 23.8 MILLION (PY: EUR 26.7 MILLION).ADJUSTED 2018 TARGET FOR ADJUSTED EBIT MARGIN FROM ORIGINALLY 8.0% TO 8.5% TO A RANGE OF 7.0% TO 8.0%.NOW EXPECTS FY ORGANIC SALES GROWTH TO COME IN RANGE FROM 5% TO 7% (PRIOR FORECAST: 4% TO 5%).BELIEVES V.ORLANDI AND YORK HAVE POTENTIAL TO CONTRIBUTE AN ADDITIONAL APPROX. EUR 60 MILLION TO GROUP SALES IN 2018.2020 MEDIUM-TERM FORECAST CONFIRMED.  Full Article

Saf-Holland S.A. Acquires Digital Trailer Management Specialist Axscend
Tuesday, 24 Jul 2018 11:08am EDT 

July 24 (Reuters) - Saf Holland SA ::DGAP-NEWS: SAF-HOLLAND S.A.: SAF-HOLLAND ACQUIRES THE DIGITAL TRAILER MANAGEMENT SPECIALIST AXSCEND LTD..SET TO ACQUIRE 69.99% OF SHARES IN LOGISTICS SERVICE PROVIDER EFFECTIVE JULY 24, 2018.TO ACQUIRE 69.99% OF SHARES FOR A PURCHASE PRICE IN MID SINGLE-DIGIT MILLION EURO RANGE.OPTION TO ACQUIRE REMAINING SHARES IN YEAR 2022.  Full Article

Saf-Holland Q2 Adj EBIT Down At EUR 23.8 Million
Monday, 16 Jul 2018 02:30am EDT 

July 16 (Reuters) - Saf Holland SA ::RECORDS ORGANIC GROWTH OF 11.7% IN Q2 2018 AND AN ADJUSTED EBIT MARGIN OF 6.9%; 2018 FULL-YEAR TARGETS ADJUSTED.Q2 SALES 345.4 MILLION EUR VERSUS 300.3 MILLION EUR YEAR AGO.GROUP SALES IN Q2 2018 INCREASE TO EUR 345.4 MILLION (PY: EUR 300.3 MILLION).Q2 2018 ADJUSTED EBIT OF EUR 23.8 MILLION (PY: EUR 26.7 MILLION).ADJUSTS 2018 OUTLOOK: ADJEBIT MARGIN NOW EXPECTED TO RANGE FROM 7.0 TO 8.0% (PREVIOUS TARGET: 8.0 TO 8.5%).NOW EXPECTS ORGANIC SALES GROWTH ABOVE ORIGINAL EXPECTATIONS FOR 2018 AND RANGE FROM 5 TO 7%.2020 MEDIUM-TERM FORECAST CONFIRMED.  Full Article

Saf-Holland Receives US Order For Axle Systems With Integrated Disc Brake Technology
Wednesday, 23 May 2018 04:25am EDT 

May 23 (Reuters) - SAF HOLLAND SA ::RECEIVES A MAJOR US ORDER FOR AXLE SYSTEMS WITH INTEGRATED DISC BRAKE TECHNOLOGY.PRODUCTION IS SET TO BEGIN AS OF JUNE 2018 WITH FULL RAMP-UP OCCURRING UNTIL END OF YEAR.SAF HOLLAND - EXPECTS ORDER TO CONTRIBUTE NOTICEABLY TO SALES AS OF EARLY 2019 AND FORECASTS UP TO $20 MN IN ANNUAL SALES IN 2019.  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 adjusts outlook for FY 2017
Monday, 9 Oct 2017 03:39am EDT 

Oct 9 (Reuters) - SAF HOLLAND SA ::DGAP-ADHOC: SAF-HOLLAND S.A.: SAF-HOLLAND ADJUSTS ITS OUTLOOK FOR THE 2017 FINANCIAL YEAR.Q3 SALES ROSE 8.3 PERCENT TO 277.1 MILLION EUR.‍GROUP SALES IN Q3 OF 2017 INCREASED BY ROUGHLY 8.3 % TO APPROXIMATELY EUR 277.1 MILLION (PREVIOUS YEAR: EUR 255.8 MILLION)​.‍NOW EXPECTS HIGHER ORGANIC GROUP SALES IN 2017 FINANCIAL YEAR IN RANGE OF EUR 1,125 MILLION TO EUR 1,135 MILLION​.‍GROUP'S ADJUSTED EBIT IN Q3 OF 2017 REACHED APPROXIMATELY EUR 20.9 MILLION (PREVIOUS YEAR: EUR 21.6 MILLION)​.‍NOW SEES 2017 ADJUSTED EBIT MARGIN TO RATHER TEND TOWARDS LOWER END OF 8-9% RANGE PLANNED.  Full Article

Saf Holland's Merz to join Thyssenkrupp's supervisory board -sources

FRANKFURT, Nov 7 Martina Merz, chairwoman of Luxembourg-based automotive supplier Saf Holland, is likely to fill one of the vacant supervisory board seats at Thyssenkrupp, two people familiar with the matter told Reuters.