Haldex (company)

EQS-News: SAF-HOLLAND SE with strong operating performance, significant increase in operating free cash flow and clear reduction in leverage ratio in the first nine months of 2023

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Tuesday, December 26, 2023

NWC, Bessenbach, EUR, Growth, Acquisition, Corporation, CFO, Originality, Security (finance), Haldex (company)

SAF-HOLLAND SE with strong operating performance, significant increase in operating free cash flow and clear reduction in leverage ratio in the first nine months of 2023

Key Points:

SAF-HOLLAND SE with strong operating performance, significant increase in operating free cash flow and clear reduction in leverage ratio in the first nine months of 2023
The issuer is solely responsible for the content of this announcement.
In addition, the continued strict NWC management in combination with a strong operating result led to a significant improvement in operating free cash flow and a clear reduction in the company's leverage ratio.
In the first nine months, SAF-HOLLAND increased its consolidated Group sales by 35.2% to EUR 1,589.0 million (previous year: EUR 1,175.6 million).
In the first nine months of 2023, SAF-HOLLAND achieved an adjusted EBIT of EUR 152.8 million (previous year: EUR 92.3 million).

EQS-News: SAF-HOLLAND takes over exclusive distribution partner IMS GROUP B.V.

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Thursday, December 21, 2023

IMS, Bessenbach, Acquisition, SAF, Haldex (company), Bank statement, Machine, Security (finance), Heavy equipment, Benelux

SAF-HOLLAND takes over exclusive distribution partner IMS GROUP B.V.

Key Points:

SAF-HOLLAND takes over exclusive distribution partner IMS GROUP B.V.
SAF-HOLLAND takes over exclusive distribution partner IMS GROUP B.V.
Bessenbach, December 20, 2023.
The SAF-HOLLAND SE ("SAF-HOLLAND"), one of the world's leading suppliers of trailer and truck components, today announced that it has acquired IMS GROUP B.V., Barneveld, Netherlands, from its former exclusive distribution partner Pon Group.
In addition, IMS GROUP B.V. offers innovative, sustainable and efficient solutions for the transport industry with mechanical and hydraulic steering systems.

Global Air Brake Systems Market by Type, Component, Rolling Stock, Vehicle Type and Region - Forecast to 2028 - ResearchAndMarkets.com

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Thursday, August 31, 2023

The "Global Air Brake System Market by Type (Disc, Drum), Component (Compressor, Governor, Tank, Air Dryer, Foot Valve, Brake Chamber, Slack Adjuster), Rolling Stock, Vehicle Type (Rigid Body, Heavy-Duty, Semi-Trailer, Bus) and Region - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Global Air Brake System Market by Type (Disc, Drum), Component (Compressor, Governor, Tank, Air Dryer, Foot Valve, Brake Chamber, Slack Adjuster), Rolling Stock, Vehicle Type (Rigid Body, Heavy-Duty, Semi-Trailer, Bus) and Region - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
The global air brake system market is set to expand from its 2023 value of USD 3.1 billion to USD 3.4 billion by 2028, achieving a commendable CAGR of 2.2% within this period.
Pioneering manufacturers shaping the air brake system landscape encompass Knorr-Bremse AG, Meritor, Inc., Haldex, ZF Friedrichshafen AG, and Wabtec Corporation.
Further, most air brake manufacturers are focusing on developing advanced air disc brakes to increase the overall efficiency and performance of brake systems.

EQS-News: SAF-HOLLAND SE achieves record sales in the first half of 2023 with a substantially improved adjusted EBIT margin of 9.1% and increases the outlook for the full year 2023

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Thursday, August 10, 2023

Saskatchewan River Sturgeon Management Board, Tax, EBIT, Steel, Public expenditure, EUR, EBITDA, Acquisition, CEST, Corporation, CFO, Growth, Beauty salon, Cryptocurrency, Lithium, Film industry, Management, Fine chemical, Haldex (company)

Overall, SAF-HOLLAND grew by 34.0% to a record sales level of EUR 1,036.1 million in the first half of the year.

Key Points:

Overall, SAF-HOLLAND grew by 34.0% to a record sales level of EUR 1,036.1 million in the first half of the year.
Haldex AB, which has been included in the scope of consolidation since February 21, 2023, contributed EUR 176.4 million to Group sales.
As expected, the distribution of sales by customer segment shifted in favor of the aftermarket business in the first half of 2023.
Adjusted EBIT increased by 69.3% in the first half of the year and reached EUR 94.2 million (previous year: EUR 55.6 million).

EQS-News: SAF-HOLLAND SE: Annual General Meeting in person approves all agenda items

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Saturday, May 27, 2023

Krishna River Management Board, Annual, COVID-19, Supervisory board, Lohr am Main, EBIT, Bessenbach, Acquisition, Environment, Annual general meeting, Haldex (company), EUR

SAF-HOLLAND SE (“SAF-HOLLAND”), one of the world’s leading suppliers of trailer and truck components, today held its ordinary Annual General Meeting 2023.

Key Points:

SAF-HOLLAND SE (“SAF-HOLLAND”), one of the world’s leading suppliers of trailer and truck components, today held its ordinary Annual General Meeting 2023.
The Annual General Meeting was conducted in person for the first time after the COVID-19 pandemic and took place in Lohr am Main, Germany.
In his report to shareholders, Alexander Geis, CEO of SAF-HOLLAND SE, said: “The year 2022 was another year characterized by tremendous challenges and uncertainties.
The voting results of the Annual General Meeting 2023 and all accompanying documents are available on the SAF-HOLLAND SE website in the Investor Relations section under the item Annual General Meeting.

EQS-News: SAF-HOLLAND SE has strong start to the year – Significant increase in sales and earnings in the first quarter of 2023

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Saturday, May 27, 2023

Saskatchewan River Sturgeon Management Board, Internet, Income tax, EBIT, Steel, Government, Bessenbach, EBITDA, Acquisition, CEST, Growth, Lithium, Film industry, Haldex (company), EUR

SAF-HOLLAND increased Group sales in the first quarter of 2023 by 29.9% to EUR 480.4 million (previous year: EUR 369.7 million).

Key Points:

SAF-HOLLAND increased Group sales in the first quarter of 2023 by 29.9% to EUR 480.4 million (previous year: EUR 369.7 million).
Sales adjusted for exchange rate and acquisition effects increased by 10.8% in the first quarter of 2023.
The SAF-HOLLAND Group's organic growth in the first quarter of 2023 stemmed largely from the APAC and Americas regions.
The earnings growth in these regions was driven primarily by the strong increase in sales and operating leverage effects.

EQS-News: SAF-HOLLAND SE: SAF-HOLLAND SE achieves adjusted EBIT of EUR 124.6 million and operating free cash flow of EUR 120.0 million in financial year 2022

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Friday, March 31, 2023

For full-year 2022, SAF-HOLLAND was able to expand Group sales by 25.6% to a new record level of EUR 1,565.1 million (previous year: EUR 1,246.6 million).

Key Points:

For full-year 2022, SAF-HOLLAND was able to expand Group sales by 25.6% to a new record level of EUR 1,565.1 million (previous year: EUR 1,246.6 million).
This helped drive a 40.7 % increase in EBIT to EUR 101.5 million (previous year: EUR 72.1 million).
The adjusted EBIT rose by 33.8% to EUR 124.6 million (previous year: EUR 93.1 million).
By generating operating free cash flow of EUR 120.0 million (previous year: EUR 16.1 million), the Group also demonstrated its strong ability to finance itself internally.

EQS-News: SAF-HOLLAND SE: SAF-HOLLAND SE holds 100 percent of Haldex shares

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Friday, March 3, 2023

Krishna River Management Board, Companies Act, SEK, Transport, EBS, Bessenbach, Acquisition, Security (finance), Haldex (company), Swedish

Bessenbach (Germany), March 3, 2023 +++ SAF-HOLLAND SE ("SAF-HOLLAND") has completed the acquisition of all of the outstanding minority shares in the Swedish company Haldex AB ("Haldex") and now holds 100 percent of the shares.

Key Points:

Bessenbach (Germany), March 3, 2023 +++ SAF-HOLLAND SE ("SAF-HOLLAND") has completed the acquisition of all of the outstanding minority shares in the Swedish company Haldex AB ("Haldex") and now holds 100 percent of the shares.
The shares were transferred to SAF-HOLLAND SE on March 1, 2023.
The Haldex shareholders do not have to take any action and will receive the payment directly via their respective custodian banks.
On September 2, 2022, SAF-HOLLAND announced that it controlled a total of approximately 96.14% of the outstanding Haldex shares following the successful completion of the offer.

Proposal for Board of Directors of AB Volvo

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Friday, February 24, 2023

Volvo, Election Committee (Hong Kong), Volvo Cars, Annual general meeting, Annual, SEK, Nasdaq Stockholm, SKF, AFA, AMF, AB, EUR, SSAB, Outokumpu, Automotive industry, Haldex (company)

GOTHENBURG, Sweden, Feb. 24, 2023 /PRNewswire/ -- The Election Committee of AB Volvo proposes Bo Annvik to be elected as new Board member at the Annual General Meeting on April 4, 2023. The Election Committee also proposes the re-election of the Chairman of the Board Carl-Henric Svanberg, as well as Board members Matti Alahuhta, Jan Carlson, Eric Elzvik, Martha Finn Brooks, Kurt Jofs, Martin Lundstedt, Kathryn V. Marinello, Martina Merz and Helena Stjernholm. Hanne de Mora will not stand for re-election.

Key Points:

GOTHENBURG, Sweden, Feb. 24, 2023 /PRNewswire/ -- The Election Committee of AB Volvo proposes Bo Annvik to be elected as new Board member at the Annual General Meeting on April 4, 2023.
The Election Committee of AB Volvo comprises representatives of four of the company's largest shareholders, who together represent approximately 16.5 percent of the shares and approximately 39.8 percent of the votes, and the Chairman of the Board.
Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions.
The Volvo Group is headquartered in Gothenburg, Sweden, employs more than 100,000 people and serves customers in almost 190 markets.

EQS-News: SAF-HOLLAND SE exceeds repeatedly raised sales target in the 2022 financial year – Adjusted EBIT margin at the upper end of the target range

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Wednesday, February 22, 2023

EBIT, OE, Acquisition, Steel, Original equipment manufacturer, Adjustment, Growth, Environment, International reserves of the National Bank of Romania, COVID-19, Film industry, Lithium, Retail, EUR, Haldex (company)

For full-year 2022, SAF-HOLLAND was able to expand Group sales by 25.6% (organic: 17.9%) to a new record level of EUR 1,565.1 million (previous year: EUR 1,246.6 million).

Key Points:

For full-year 2022, SAF-HOLLAND was able to expand Group sales by 25.6% (organic: 17.9%) to a new record level of EUR 1,565.1 million (previous year: EUR 1,246.6 million).
In the EMEA region, the Group achieved sales growth of 11.0%, despite the particularly challenging macroeconomic and supply chain situations in the 2022 financial year.
As a result, adjusted EBIT increased 33.8%, outpacing Group sales growth in percentage terms, and amounted to EUR 124.6 million (previous year: EUR 93.1 million).
SAF-HOLLAND will publish the full audited consolidated figures for the 2022 financial year and its forecast for the 2023 financial year on March 30, 2023.