Lighting and electronics specialist HELLA has continued its profitable growth path in the fiscal year 2017/2018.
Based on preliminary key performance indicators, the currency-adjusted consolidated sales increased by 9.3 per cent.
Taking negative effects from exchange rates into consideration, reported sales increased by 7.2 per cent to about € 7.1 billion.
Earnings also, once again, saw improvement based on preliminary figures.
The adjusted earnings before interest and taxes increased by 8.8 per cent to around €581 million.
The adjusted EBIT margin is accordingly at 8.2 per cent.
Taking special effects into account, the reported earnings before interest and taxes (EBIT) improved by 13.2 per cent to approximately €574 million, the reported EBIT margin thus increases to 8.1 per cent.
“In this past fiscal year, we had much stronger growth than the automotive market and have further improved our profitability at a high level,” said HELLA CEO Dr. Rolf Breidenbach.
“This positive trend shows that our alignment with central market trends such as autonomous driving, electrification and digitalization is successful.
“We want to continue along this path in the future and utilise the industry transformation for additional profitable growth.”
The full financial results for the fiscal year 2017/2018 will be announced in the press conference to be held in Dusseldorf on August 10, 2018 at 9:00 a.m.
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