Germany's SAF-Holland 2025 sales fall 7.6%, profit drops

Saf-Holland Se

19/03/2026 06:14

Overview

Germany trailer and truck components maker's fiscal 2025 sales fell 7.6% yr/yr amid weak demand

Adjusted EBIT margin declined to 9.5% from 10.1%, but exceeded company's forecast

Net income and EPS dropped sharply yr/yr; company proposed EUR 0.65 dividend per share

Outlook

SAF-HOLLAND expects 2026 group sales of EUR 1.7 bln to EUR 1.85 bln

Company targets 2026 adjusted EBIT margin of 9% to 10%

Result Drivers

ORIGINAL EQUIPMENT DEMAND - Co said sales fell mainly due to weak demand in the original equipment business, especially in the Americas and parts of APAC

AFTERMARKET BUSINESS - Higher share of non-cyclical aftermarket business supported earnings in a cyclical market environment

COST MANAGEMENT & SYNERGIES - Consistent cost management, favorable product mix, and Haldex integration synergies supported profitability, per CFO Frank Lorenz-Dietz

Company press release: ID:nEQ7QmBZNa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY EPS
EUR 1.12
FY Net Income
EUR 50.90 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

Wall Street's median 12-month price target for Saf-Holland Se is €18.75, about 7.9% above its March 18 closing price of €17.38

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 7 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)