Brief: SAF-Holland Preliminary FY 2023 Adj. EBIT at EUR 202 Mln

Saf-Holland Se

19/02/2024 06:25

Feb 19 (Reuters) - SAF-HOLLAND SE  SFQ.DE :
    * PRELIMINARY FINANCIAL FIGURES FOR 2023 FISCAL YEAR CONFIRM
RECORD LEVELS OF SALES AND PROFITABILITY
    * OUTLOOK FOR 2023 FISCAL YEAR ACHIEVED
    * FY POSITIVE OPERATING PERFORMANCE INCREASES PRELIMINARY
ADJUSTED
EBIT MARGIN TO CA. 9.6% (PREVIOUS YEAR: 8.0 %)
    * FY INVESTMENTS MADE IN AUTOMATION AND CAPACITY EXPANSIONS
LEAD
TO PRELIMINARY CAPEX RATIO OF CA. 2.9%
    * ADJUSTED EBIT INCREASED BY CA. 62% TO AROUND EUR 202
MILLION IN
2023 FISCAL YEAR (PREVIOUS YEAR: EUR 124.6 MILLION)
    * ADJUSTED FOR CURRENCY AND ACQUISITION EFFECTS, SALES IN
2023
FISCAL YEAR INCREASED BY CA. 11%

Source text for Eikon:  ID:nEQ42tl41a 
Further company coverage:  SFQ.DE 

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