Brief: Hella Group Sales Of EUR 4.0 Bln In First Half Of Year
25/07/2025 05:50
July 25 (Reuters) - HELLA GMBH & CO KGAA HLE.DE: GROUP SALES OF EUR 4.0 BILLION IN FIRST HALF OF YEAR CASH FLOW IMPROVES SIGNIFICANTLY: NET CASH FLOW RISES TO EUR 114 MILLION, RATIO TO SALES AT 2.9 PERCENT COMPANY OUTLOOK FOR FISCAL YEAR 2025 CONFIRMED; ORGANIZATIONAL STRUCTURES TO BE STREAMLINED, PROCESSES TO BE ACCELERATED H1 OPERATING INCOME OF EUR 237 MILLION, OPERATING INCOME MARGIN AT 6.0 PERCENT NEW STRATEGIC INITIATIVE "SIMPLIFY" WAS STARTED WITHIN FRAMEWORK OF "SIMPLIFY", ADDITIONAL GROSS SAVINGS OF AROUND EUR 80 MILLION ARE TO BE ACHIEVED ANNUALLY BY END OF 2028 H1 NET CASH FLOW IMPROVED SIGNIFICANTLY TO EUR 114 MILLION FOR IMPLEMENTATION, ADDITIONAL EXPENDITURES OF UP TO EUR 100 MILLION ARE TO BE INCURRED DURING THIS PERIOD Further company coverage: HLE.DE (Gdansk Newsroom) ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))