SAF-HOLLAND SE
ISIN: DE000SAFH001
WKN: SAFH00
28 August 2024 01:16PM

EQS-News: SAF-HOLLAND opens new Tech Center in Pune, India

SAF-HOLLAND SE · ISIN: DE000SAFH001 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 1976893

EQS-News: SAF-HOLLAND SE / Key word(s): Miscellaneous
SAF-HOLLAND opens new Tech Center in Pune, India

28.08.2024 / 13:16 CET/CEST
The issuer is solely responsible for the content of this announcement.


SAF-HOLLAND opens new Tech Center in Pune, India

Bessenbach (Germany), August 28, 2024. SAF-HOLLAND SE ("SAF-HOLLAND"), one of the world's leading suppliers of trailer and truck components, announces the opening of its new Tech Center India (TCI), which will play a central role as a globally integrated location for research and development activities.

 

“The new Tech Center India is an important addition to our global R&D network and part of our corporate strategy to expand our global backbone in the area of development. It is an important step in mastering the increasing complexity at system level and, among other things, deepening our expertise in the software area to further develop our mechatronic systems,” said Christoph Günter, President EMEA & CTO, and adds: “With the establishment of the TCI, we are strategically well positioned to drive innovation and expand our competitive advantage in the industry.”

 

The TCI will play a key role in the development of software for SAF-HOLLAND's mechatronic products, such as the Electronic Braking System for trailers, where the company sees strong growth potential due to its strong market position in the trailer sector and the increasing global demand for mechatronic safety systems. TCI employees will also help to meet increasing regulatory requirements, such as cyber security legislation.

 

The location in Pune, India, near where SAF-HOLLAND already operates a production site under the YORK brand, was carefully selected due to its strategic advantages. The new Tech Centre is an important part of SAF-HOLLAND's global R&D strategy and will contribute to achieving its long-term goals. By expanding its capacities in India, the company is not only expanding its global R&D and IT backbone, but also strengthening its commitment to deliver innovative and high-quality solutions to customers worldwide.

 

Contact:

 

Dana Unger      

VP Investor Relations, Corporate & ESG Communications

Tel: +49 6095 301 949

dana.unger@safholland.de

 

Alexander Pöschl

Senior Manager Investor Relations, Corporate & ESG Communications

Tel: +49 6095 301 117

alexander.poeschl@safholland.de

 

Michael Schickling

Senior Manager Investor Relations, Corporate & ESG Communications

Tel: +49 6095 301 617

michael.schickling@safholland.de

 

 

About SAF-HOLLAND

SAF-HOLLAND SE is a leading international manufacturer of chassis-related assemblies and components for trailers, trucks, and buses. With its around 6,000 dedicated employees worldwide, the company generated sales of EUR 2.11 billion in 2023.

 

The product range includes axle and suspension systems for trailers as well as fifth wheels and coupling systems for trucks, trailers, and semi-trailers as well as brake and EBS systems. In addition, SAF-HOLLAND also develops innovative products to increase the efficiency, safety, and environmental friendliness of commercial vehicles. With the brands SAF, Holland, Haldex, V.Orlandi, Neway, KLL and York, the Group achieved strong market positions in the top three positions in the most important regions worldwide in 2023. SAF-HOLLAND supplies manufacturers in the original equipment market on six continents. In the aftermarket business, the company supplies spare parts to manufacturers’ service networks and wholesalers as well as to end customers and service centers via an extensive global distribution network.

 

SAF-HOLLAND SE is listed in the Prime Standard of the Frankfurt Stock Exchange and is included in the SDAX (ISIN: DE000SAFH001). Further information is available at www.safholland.com.



28.08.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: SAF-HOLLAND SE
Hauptstraße 26
63856 Bessenbach
Germany
Phone: +49 6095 301-949
E-mail: ir@safholland.de
Internet: www.safholland.com
ISIN: DE000SAFH001
WKN: SAFH00
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1976893

 
End of News EQS News Service

1976893  28.08.2024 CET/CEST

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Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 1.300,56 1.284,16 959,52 1.246,58 1.565,09 2.106,17 2.000,00
EBITDA1,2 107,50 77,94 75,54 124,99 151,49 248,66 234,00
EBITDA-Margin3 8,27 6,07 7,87 10,03 9,68 11,81 11,70
EBIT1,4 76,24 35,20 30,16 72,14 101,49 163,82 148,00
EBIT-Margin5 5,86 2,74 3,14 5,79 6,49 7,78 7,40
Net Profit (Loss)1 48,12 10,30 14,18 36,80 61,23 80,52 92,00
Net-Margin6 3,70 0,80 1,48 2,95 3,91 3,82 4,60
Cashflow1,7 40,78 90,55 137,92 36,65 153,39 202,73 0,00
Earnings per share8 1,05 1,10 0,76 0,81 1,35 1,76 1,93
Dividend per share8 0,45 0,00 0,00 0,35 0,60 0,85 0,85
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: PricewaterhouseCoopers

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INVESTOR-INFORMATION
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SAF-Holland
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
SAFH00 DE000SAFH001 SE 672,74 Mio € 26.07.2007 Kaufen 8FXFX7H4+48
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
7,41 12,05 0,61 12,98 1,55 3,32 0,32
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,60 0,85 0,85 5,74%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
20.05.2025 08.05.2025 07.08.2025 12.11.2024 20.03.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+3,64%
14,82 €
ATH 20,08 €
+3,15% -11,95% -2,50% -2,50% -22,00%
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