Lippstadt, June 30, 2017. HELLA KGaA Hueck & Co., one of the world’s leading automotive suppliers, is in a strong position to benefit from global trends in the automobile industry and to accelerate profitable growth. At this year’s Capital Markets Day held at the corporate headquarters in Lippstadt, management briefed analysts and investors yesterday about the company’s strategic direction. Some of the strategy’s key pillars are the continued reinforcement of technological excellence and innovation leadership as well as the expansion of market-leading positions in all relevant business areas. Positive contributions to business development will also come from the continued development of the Aftermarket and Special Applications segments as well as the continued focus on operational excellence.
For the current fiscal year 2017/2018 (1 June 2017 to 31 May 31 2018) the HELLA Management Board is forecasting currency-adjusted sales growth and an increase in adjusted EBIT of 5 to 10 percent compared to the previous fiscal year. The parameter for the adjusted EBIT margin is approximately 8 percent. As a result, the automobile supplier will accelerate its growth path in the just begun fiscal year and grow much more strongly than the global automobile market.
At the opening of the Capital Markets Day, HELLA CEO Dr. Rolf Breidenbach explained the good starting position to attendees, saying, "As an innovation leader with a strong technological focus, HELLA is well positioned to benefit from the major trends in the automobile industry and to actively advance the future of mobility."
Growth is being driven especially by the global industry trends in autonomous driving, electrification, digitalization as well as individualization in which HELLA is well positioned. For example, the company is already one of the world’s leading suppliers of radar sensors and offers camera software for autonomous driving functions. Based on its expertise in the field of intelligent energy management, additional growth prospects are opening up for HELLA in the advancing field of vehicle electrification. The digitalization trend is also supporting the company’s course. This is tangibly exemplified in the increasing popularity of high-resolution Matrix LED headlamps. With the development of Liquid Crystal HD technology, whose implementation is expected in 2020, HELLA continues to advance the digitalization of light. For example, entirely new paths in automobile light technology will result from LCD technology, due to its high resolution and sharpness of detail. In regard to the trend toward increased individualization, HELLA is also working on a series of advanced light concepts for individualized functionalities for both interior and exterior lighting.
Please go to our website www.hella.com and "Investor Relations" to download the 2017 Capital Markets Day presentation material found under "Publications" and then in the sub-area of "Presentations."