Edition:
India

Saf Holland SA (SFQN.DE)

SFQN.DE on Xetra

9.03EUR
13 Sep 2019
Change (% chg)

€0.08 (+0.84%)
Prev Close
€8.95
Open
€8.91
Day's High
€9.09
Day's Low
€8.90
Volume
121,741
Avg. Vol
107,522
52-wk High
€13.87
52-wk Low
€7.78

Latest Key Developments (Source: Significant Developments)

Saf Holland H1 Adjusted Result For Period Up At 33.0 Million Euros
Thursday, 8 Aug 2019 

Aug 8 (Reuters) - SAF HOLLAND SA ::H1 GROUP SALES AT RECORD LEVEL: +8.6 PER CENT TO EUR 695.5 MILLION.H1 EBIT IMPROVED YEAR-ON-YEAR BY 13.2 PER CENT, REACHING EUR 49.9 MILLION (PREVIOUS YEAR EUR 44.1 MILLION).H1 ADJUSTED RESULT FOR PERIOD BEFORE MINORITY INTERESTS AMOUNTED TO EUR 33.0 MILLION (PREVIOUS YEAR EUR 28.2 MILLION).CONTINUES TO EXPECT SALES GROWTH AT GROUP LEVEL OF 4 TO 5 % AND ADJUSTED EBIT MARGIN AROUND MIDPOINT OF RANGE OF 7 TO 8 %.  Full Article

Saf-Holland Appoints Alexander Geis As New CEO
Monday, 25 Feb 2019 

Feb 25 (Reuters) - SAF HOLLAND SA ::CHANGE AT COMPANY'S TOP MANAGEMENT: SAF-HOLLAND APPOINTS ALEXANDER GEIS AS THE NEW CEO.  Full Article

Saf-Holland: Detlef Borghardt Resigns From Chairman Of Management Board As Of End Of Feb. 25
Monday, 25 Feb 2019 

Feb 25 (Reuters) - SAF HOLLAND SA ::PERSONNEL CHANGES ON THE MANAGEMENT BOARD OF THE SAF-HOLLAND GROUP.DETLEF BORGHARDT RESIGNS FROM HIS POSITION AS CHAIRMAN OF MANAGEMENT BOARD AS OF END OF TODAY.  Full Article

Saf-Holland Buys Stara Group, Leading Distribution Co For Trailer Components In Finland And Sweden
Friday, 8 Feb 2019 

Feb 8 (Reuters) - SAF HOLLAND SA ::ACQUIRES STARA GROUP, THE LEADING DISTRIBUTION COMPANY FOR TRAILER COMPONENTS IN FINLAND AND SWEDEN.PURCHASE PRICE IS IN LOW TENS OF MILLIONS.STARA GROUP EMPLOYS AROUND 20 PEOPLE AND GENERATED SALES OF JUST OVER EUR 10 MILLION IN PAST FY.HAS ACQUIRED ALL SHARES IN FINNISH STARA GROUP WITH EFFECT AS OF FEBRUARY 1, 2019.  Full Article

Saf-Holland Q3 EBIT Increases By 45.2 Pct To EUR 22.5 Mln
Friday, 19 Oct 2018 

Oct 19 (Reuters) - Saf Holland SA ::DGAP-NEWS: SAF-HOLLAND S.A.: SAF-HOLLAND'S PRELIMINARY FIGURES FOR Q3 2018 SHOW AN INCREASE OF 15.0% IN ORGANIC SALES AND AN ADJUSTED EBIT MARGIN OF 8.0% (INCLUDING EXTRAORDINARY INCOME OF EUR 4.4 MILLION); COMPANY REFINES ITS OUTLOOK FOR 2018.Q3 GROUP SALES INCREASE BY 22.9% TO EUR 340.6 MILLION (PY: EUR 277.1 MILLION).Q3 EBIT INCREASES BY 45.2% TO EUR 22.5 MILLION (PY: EUR 15.5 MILLION).Q3 EBIT INCLUDES EXTRAORDINARY INCOME FROM SETTLEMENT OF A US MEDICAL PLAN IN AMOUNT OF EUR 4.4 MILLION.Q3 ADJUSTED EBIT IMPROVED TO EUR 27.1 MILLION (PY: EUR 20.9 MILLION).ADJUSTED EBIT MARGIN FOR 2018 SEEN RATHER TENDING TO LOWER END OF TARGET RANGE OF 7.0% TO 8.0%.CONFIRMS TARGET FOR A RETURN OF ADJUSTED GROUP EBIT MARGIN TO A LEVEL OF AT LEAST 8.0% IN YEARS AHEAD.  Full Article

Saf-Holland Q2 Adjusted EBIT At EUR 23.8 Mln
Tuesday, 14 Aug 2018 

Aug 14 (Reuters) - SAF HOLLAND SA ::SALES SURGE IN THE SECOND QUARTER OF 2018; RESULT FOR THE PERIOD INCREASES 2%.Q2 SALES ROSE 15 PERCENT TO 345.4 MILLION EUR.Q2 ADJUSTED EBIT AT EUR 23.8 MILLION (PY: EUR 26.7 MILLION).ADJUSTED 2018 TARGET FOR ADJUSTED EBIT MARGIN FROM ORIGINALLY 8.0% TO 8.5% TO A RANGE OF 7.0% TO 8.0%.NOW EXPECTS FY ORGANIC SALES GROWTH TO COME IN RANGE FROM 5% TO 7% (PRIOR FORECAST: 4% TO 5%).BELIEVES V.ORLANDI AND YORK HAVE POTENTIAL TO CONTRIBUTE AN ADDITIONAL APPROX. EUR 60 MILLION TO GROUP SALES IN 2018.2020 MEDIUM-TERM FORECAST CONFIRMED.  Full Article

Saf-Holland S.A. Acquires Digital Trailer Management Specialist Axscend
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Saf Holland SA ::DGAP-NEWS: SAF-HOLLAND S.A.: SAF-HOLLAND ACQUIRES THE DIGITAL TRAILER MANAGEMENT SPECIALIST AXSCEND LTD..SET TO ACQUIRE 69.99% OF SHARES IN LOGISTICS SERVICE PROVIDER EFFECTIVE JULY 24, 2018.TO ACQUIRE 69.99% OF SHARES FOR A PURCHASE PRICE IN MID SINGLE-DIGIT MILLION EURO RANGE.OPTION TO ACQUIRE REMAINING SHARES IN YEAR 2022.  Full Article

Saf-Holland Q2 Adj EBIT Down At EUR 23.8 Million
Monday, 16 Jul 2018 

July 16 (Reuters) - Saf Holland SA ::RECORDS ORGANIC GROWTH OF 11.7% IN Q2 2018 AND AN ADJUSTED EBIT MARGIN OF 6.9%; 2018 FULL-YEAR TARGETS ADJUSTED.Q2 SALES 345.4 MILLION EUR VERSUS 300.3 MILLION EUR YEAR AGO.GROUP SALES IN Q2 2018 INCREASE TO EUR 345.4 MILLION (PY: EUR 300.3 MILLION).Q2 2018 ADJUSTED EBIT OF EUR 23.8 MILLION (PY: EUR 26.7 MILLION).ADJUSTS 2018 OUTLOOK: ADJEBIT MARGIN NOW EXPECTED TO RANGE FROM 7.0 TO 8.0% (PREVIOUS TARGET: 8.0 TO 8.5%).NOW EXPECTS ORGANIC SALES GROWTH ABOVE ORIGINAL EXPECTATIONS FOR 2018 AND RANGE FROM 5 TO 7%.2020 MEDIUM-TERM FORECAST CONFIRMED.  Full Article

Saf-Holland Receives US Order For Axle Systems With Integrated Disc Brake Technology
Wednesday, 23 May 2018 

May 23 (Reuters) - SAF HOLLAND SA ::RECEIVES A MAJOR US ORDER FOR AXLE SYSTEMS WITH INTEGRATED DISC BRAKE TECHNOLOGY.PRODUCTION IS SET TO BEGIN AS OF JUNE 2018 WITH FULL RAMP-UP OCCURRING UNTIL END OF YEAR.SAF HOLLAND - EXPECTS ORDER TO CONTRIBUTE NOTICEABLY TO SALES AS OF EARLY 2019 AND FORECASTS UP TO $20 MN IN ANNUAL SALES IN 2019.  Full Article

SAF-Holland Expands In China
Monday, 8 Jan 2018 

Jan 8 (Reuters) - SAF HOLLAND SA ::‍RECEIVED A MILESTONE ORDER FROM CHINESE TRANSPORTATION VEHICLE AND TRAILER MANUFACTURER CHANGJIU​.‍SALES OF AROUND EUR 15 MILLION ARE EXPECTED IN 2018 UNDER THIS AGREEMENT​.‍PLANS TO NEARLY TRIPLE ITS SALES IN CHINA TO WELL ABOVE EUR 100 MILLION BY 2020​.DGAP-NEWS: SAF-HOLLAND S.A.: SAF-HOLLAND EXPANDS IN CHINA: RECEIVES MAJOR ORDER FOR AXLE AND SUSPENSION SYSTEMS AND INVESTS IN NEW PRODUCTION CENTER.  Full Article

German stocks - Factors to watch on April 26

BERLIN/FRANKFURT, April 26 The following are some of the factors that may move German stocks on Friday: