Germany's SAF-Holland FY sales slightly beat expectations, helped by aftermarket business

Saf-Holland Se

18/02/2026 06:07

Overview

German trailer component maker's preliminary fiscal year 2025 sales slightly beat analyst expectations

Adjusted EBIT margin for fiscal year 2025 decreased to 9.5%

Aftermarket business offset decline in original equipment sales

Outlook

SAF-Holland to publish fiscal year 2026 outlook in annual report on March 19, 2026

Result Drivers

WEAK ORIGINAL EQUIPMENT MARKETS - Co said reduced demand in original equipment markets, especially in Americas and APAC, drove sales decline

AFTERMARKET BUSINESS - Co said aftermarket business performed robustly, increasing its share of sales and offsetting original equipment decline

COST MANAGEMENT - Co attributed solid profitability to cost management and favorable product mix, despite higher restructuring expenses

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Sales
Slight Beat*
EUR 1.73 bln
EUR 1.72 bln (6 Analysts)
FY Adjusted EBIT
EUR 164 mln
FY Adjusted EBIT Margin
9.50%


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

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 €17.25, about 7.6% below its February 17 closing price of €18.66

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 6 three months ago

Press Release: ID:nEQ9G0tnFa

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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.)