Brief: SAF-Holland H1 Sales At EUR 1 Mln

Saf-Holland Se

08/08/2024 06:05

Aug 8 (Reuters) - SAF-HOLLAND SE  SFQ.DE :
    * ROBUST BUSINESS MODEL ENSURES STRONG OPERATING PERFORMANCE
IN
THE FIRST HALF OF 2024 – RAISED FULL-YEAR FORECAST FOR ADJUSTED
EBIT MARGIN CONFIRMED
    * H1 ADJUSTED EBIT MARGIN SIGNIFICANTLY IMPROVED TO 10.2%
(PREVIOUS YEAR: 9.1%)
    * GROUP SALES AMOUNT TO EUR 1,012.5 MILLION IN FIRST HALF OF
2024
    * H1 STRONG OPERATING FREE CASH FLOW OF EUR 44.3 MILLION
(PREVIOUS
YEAR: EUR 30.5 MILLION)
    * H1 RESULT INCREASES SIGNIFICANTLY BY 35.6% TO EUR 50.7
MILLION
(PREVIOUS YEAR: EUR 37.4 MILLION)
    * ANNUAL FORECAST FOR ADJUSTED EBIT MARGIN CONFIRMED
    * CONTINUES TO EXPECT GROUP SALES OF AROUND EUR 2,000
MILLION
(PREVIOUS YEAR: EUR 2,106.2 MILLION) FOR 2024 FISCAL YEAR

Source text for Eikon:  ID:nEQ4ZxRCca 
Further company coverage:  SFQ.DE 

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