Brief: Saf-Holland Group Sales To Grow By More Than 50% By 2030
27/03/2025 16:52
March 27 (Reuters) - SAF-HOLLAND SE SFQ.DE: OUTLOOK FY REVENUE EUR 500 MILLION GROUP SALES TO GROW BY MORE THAN 50% IN PERIOD FROM 2024 TO 2030 STRONG CASH GENERATION CONTRIBUTES TO FURTHER DEBT REDUCTION AND FINANCING OF POTENTIAL ACQUISITIONS AIMS FOR AN ADJUSTED EBIT MARGIN OF 10-12% IN 2030 EXPECTS AN ADDITIONAL SALES CONTRIBUTION OF AT LEAST EUR 500 MILLION FROM ACQUISITIONS, SO THAT GROUP SALES SHOULD TOTAL MORE THAN EUR 3,000 MILLION IN 2030 IN FUTURE, A SIGNIFICANT PORTION OF SALES WILL BE GENERATED WITH CUSTOMERS FROM RELATED INDUSTRIES, SUCH AS AGRICULTURAL, MINING AND CONSTRUCTION MACHINERY AS WELL AS INDUSTRIAL TRUCKS Source text: ID:nEQbk1Tlpa Further company coverage: SFQ.DE (Gdansk Newsroom) ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))