DGAP-News: HELLA Group revenues grow significantly in challenging market environment
Publicated on 07/14/2016
DGAP-News: HELLA KGaA Hueck & Co. / Key word(s): Preliminary Results/Final Results HELLA Group revenues grow significantly in challenging market environment - Publication of preliminary figures for fiscal year 2015/2016 - Sales grow by 8.9 per cent to circa EUR 6.35 billion - Adjusted operating profit (EBIT) increase to about EUR 476 million Lippstadt, 14 July 2016. HELLA KGaA Hueck & Co., a globally leading supplier of lighting technology and electronic products for the automotive industry, continued to successfully deliver growth based on preliminary figures in fiscal year 2015/2016. Group sales grew by 8.9 per cent to circa EUR 6.35 billion. Adjusted operating profit (EBIT) also increased by 7.1 per cent year on year to EUR 476 million. The adjusted EBIT margin reached 7.5 per cent. Special effects with negative impacts on earnings - particularly resulting from the extraordinary supplier failure in China in September 2015 - pushed the EBIT down by circa 2.3 percent year on year from EUR 430 million to approx. EUR 420 million. "We are content that we have again grown strongly in 2015/2016 in what has been a challenging market environment," says CEO Dr Rolf Breidenbach. "This success is the result of our systematic focus on innovative technologies and products for the automotive industry. Successful product launches based on complex LED technology and innovative electronic components enable us to respond particularly to key megatrends such as improvements to energy efficiency and safety." The full results for fiscal year 2015/2016 ending on 31 May 2016 will be published on the occasion of the annual press conference held in Duesseldorf on 11 August 2016. HELLA KGaA Hueck & Co., Lippstadt: HELLA is a global, family-owned company, listed on the stock exchange, with approx. 34,000 employees at 100 locations in more than 35 countries. The HELLA Group develops and manufactures lighting technology and electronic components and systems for the automotive industry and also has one of the largest retail organizations for automotive parts, accessories, diagnostics, and services within Europe. Complete vehicle modules, air-conditioning systems, and vehicle electrical systems are also produced in joint venture companies. With more than 6,000 people working in research and development, HELLA is one of the most important innovation drivers on the market. In addition, with preliminary sales of approx. EUR6.35 billion in fiscal year 2015/2016, the HELLA Group is one of the top 40 automotive suppliers in the world and one of the 100 largest German industrial companies. For more information please contact:
2016-07-14 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English | |
Company: | HELLA KGaA Hueck & Co. | |
Rixbecker Str. 75 | ||
59552 Lippstadt | ||
Germany | ||
Phone: | +49 (0)2941 38-7125 | |
Fax: | +49 (0)2941 38-6647 | |
E-mail: | Investor.Relations@hella.com | |
Internet: | www.hella.de/ir | |
ISIN: | DE000A13SX22 | |
WKN: | A13SX2 | |
Indices: | MDAX | |
Listed: | Regulated Market in Frankfurt (Prime Standard), Munich, Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf; Luxemburg | |
End of News | DGAP News Service |
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