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Saf Holland SA (SFQN.DE)

SFQN.DE on Xetra

10.45EUR
18 Jan 2019
Change (% chg)

€0.14 (+1.36%)
Prev Close
€10.31
Open
€10.38
Day's High
€10.61
Day's Low
€10.28
Volume
459,706
Avg. Vol
154,185
52-wk High
€19.99
52-wk Low
€9.89

Latest Key Developments (Source: Significant Developments)

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

SAF-HOLLAND Q3 sales up 8.3% at EUR 277.1 mln
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - SAF HOLLAND SA ::DGAP-NEWS: SAF-HOLLAND S.A.: SAF-HOLLAND INCREASES GROUP SALES BY 8.3% IN THE THIRD QUARTER OF 2017.Q3 EBIT 15.5 MILLION EUR VERSUS 16.2 MILLION EUR YEAR AGO.‍SALES IN Q3 OF 2017 BY 8.3% TO EUR 277.1 MILLION​.OUTLOOK 2017: ‍CONFIRMS ADJUSTED OUTLOOK ANNOUNCED ON OCTOBER 9, 2017​.‍GROUP'S ADJUSTED EBIT IN Q3 OF 2017 REACHED EUR 20.9 MILLION (PREVIOUS YEAR: EUR 21.6 MILLION)​.‍ADJUSTED RESULT REACHED EUR 11.5 MILLION (PREVIOUS YEAR: EUR 13.4 MILLION) IN Q3​.  Full Article

Saf-Holland adjusts outlook for FY 2017
Monday, 9 Oct 2017 

Oct 9 (Reuters) - SAF HOLLAND SA ::DGAP-ADHOC: SAF-HOLLAND S.A.: SAF-HOLLAND ADJUSTS ITS OUTLOOK FOR THE 2017 FINANCIAL YEAR.Q3 SALES ROSE 8.3 PERCENT TO 277.1 MILLION EUR.‍GROUP SALES IN Q3 OF 2017 INCREASED BY ROUGHLY 8.3 % TO APPROXIMATELY EUR 277.1 MILLION (PREVIOUS YEAR: EUR 255.8 MILLION)​.‍NOW EXPECTS HIGHER ORGANIC GROUP SALES IN 2017 FINANCIAL YEAR IN RANGE OF EUR 1,125 MILLION TO EUR 1,135 MILLION​.‍GROUP'S ADJUSTED EBIT IN Q3 OF 2017 REACHED APPROXIMATELY EUR 20.9 MILLION (PREVIOUS YEAR: EUR 21.6 MILLION)​.‍NOW SEES 2017 ADJUSTED EBIT MARGIN TO RATHER TEND TOWARDS LOWER END OF 8-9% RANGE PLANNED.  Full Article

SAF Holland's Merz to join Thyssenkrupp's supervisory board

ESSEN, Germany, Nov 20 Martina Merz, chairwoman of automotive supplier SAF Holland, has been appointed to fill one of the vacant supervisory board seats at Thyssenkrupp, the steel-to-submarines group said late on Tuesday.