Brief: Hella Confirms FY Outlook

HELLA GmbH & Co KgaA

23/07/2024 06:03

July 23 (Reuters) - HELLA GMBH & CO KGAA  HLE.DE :
    * FORVIA HELLA PUBLISHES HALF-YEAR RESULTS 2024:  SLIGHT
IMPROVEMENT IN SALES AND EARNINGS IN A CHALLENGING MARKET
ENVIRONMENT
    * HELLA - COMPANY OUTLOOK CONFIRMED AND SPECIFIED WITHIN
EXPECTED
RANGES
    * HELLA - NET CASH FLOW IN RELATION TO SALES LARGELY AT
PREVIOUS
YEAR'S LEVEL AT 2.1 PERCENT
    * HELLA - CURRENCY-ADJUSTED SALES INCREASE BY 1.6 PERCENT TO
EUR
4.06 BILLION; REPORTED GROWTH OF 0.9 PERCENT
    * HELLA - EXPECTS CURRENCY AND PORTFOLIO-ADJUSTED GROUP
SALES OF
BETWEEN AROUND EUR 8.1 BILLION AND 8.6 BILLION IN 2024
    * HELLA - FY OPERATING INCOME MARGIN IS STILL FORECASTED TO
BE
BETWEEN AROUND 6.0 AND 7.0 PERCENT

Source text for Eikon:  ID:nEQ4H8DBva 
Further company coverage:  HLE.DE 

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