Press
 
Press
Year
Category
2024-09-25 Technology & Products

Advanced Brake-by-Wire Pedal by FORVIA HELLA: A Key to Future Automotive Safety and Efficiency

  • A leader in Accelerator Pedal Sensors with 30 years of experience has developed a fully electric brake pedal sensor and the first large-scale production is to start within the next two years
  • FORVIA HELLA’s Brake-by-Wire pedal eliminates the need for mechanical linkages, replacing them with electric controls that support automated driving and enable customizable braking
  • Lightweight materials reduce component weight by up to 70 percent, increasing electric vehicle range and lowering CO2 emissions
  • Two redundant sensors on a single PCB ensure reliable, fail-safe operation, compliant with ASIL-D standards

more
2024-09-12 Technology & Products

New High Voltage PowerBox from FORVIA HELLA: Reduced costs and faster charging processes

  • Combination of high voltage converter and onboard charger in one product; integration of battery management system and intelligent Power Distribution Module also possible
  • Particularly high power density and high efficiency: more power with a compact product design reduces weight, increases efficiency and accelerates charging processes for electric vehicles

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2024-09-05 Technology & Products

FORVIA HELLA receives orders worth billions from leading US car manufacturer

  • Order volume for the various electronics and lighting projects totals more than two billion euros
  • Further large-scale series project for digital Smart Car Access system acquired in the American region
  • First series project for highly integrative Front Phygital Shields in the Americas includes the Company's longest lighting module to date
  • Start of series production of customer projects within the next two to four years in FORVIA HELLA's Mexican production network

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2024-06-11 Company

125 years of FORVIA HELLA: from a lamp manufacturer in Lippstadt to a global technology leader

  • 11 June 1899: Foundation of the "Westfälische Metall-Industrie Aktien-Gesellschaft" and start of the company's rise to an industrial enterprise
  • Technological strength as a common thread: from the "System Hella" acetylene lamp as the first pioneering innovation to the digital headlamp SSL | HD
  • The electronics business: Launched with the first fully electronic indicator unit in 1965, today a leader in many products for autonomous driving and electromobility
  • Since 2022: company of the FORVIA Group, the seventh largest supplier of automotive technology worldwide

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2024-04-02 Company

MAHLE and FORVIA HELLA successfully complete the sale of their shares in joint venture BHTC

  • MAHLE and FORVIA HELLA successfully transfer their respective 50 percent stakes to AUO Corporation
  • Sale of shares is the result of constructive discussions between the two companies against the background of a change of control clause in the joint venture agreement

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2024-03-15 Company

Fiscal year 2023: FORVIA HELLA increases sales and improves profitability

  • Currency-adjusted sales increase by 12.7 percent to €8.1 billion; operating income margin improves by two percentage points to 6.1 percent; net cash flow in relation to sales at 2.6 percent
  • Company outlook for 2023 reached: adjusted sales, operating income margin and net cash flow in relation to sales within target corridors
  • Lighting with high sales growth and significantly improved profitability; Electronics with good demand for solutions for automated driving and electrification; solid spare parts, workshop and commercial vehicle business
  • Continuation of the established dividend policy: Dividend of €0.71 per share proposed
  • Outlook for 2024: slight improvements in sales, earnings and net cash flow expected in a persistently volatile market environment

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2024-02-16 Company

FORVIA HELLA: Preliminary figures for 2023 and outlook for 2024 published, competitiveness program for Europe announced

  • Currency and portfolio-adjusted sales of € 8.1 billion in fiscal year 2023; operating income margin improves to 6.1 percent; net cash flow to sales ratio of 2.6 percent
  • All Business Groups with higher sales and improved profitability
  • Order intake of around € 11 billion, including for Smart Lights, 77 GHz radar sensors, battery electronics and Smart Car Access systems
  • Cost synergies from cooperation within the FORVIA Group of € 190 million, more than half is attributable to FORVIA HELLA
  • Company outlook for 2024 forecasts slight improvements in a challenging market environment; program to sustainably strengthen competitiveness in Europe

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2024-02-07 Company

Philippe Vienney appointed new Chief Financial Officer of FORVIA HELLA

  • Philippe Vienney takes over CFO role as of 1 March 2024 and, in this function, becomes a member of the Management Board
  • Vienney has many years of management experience in Finance & Controlling, including as CFO of the FORVIA Business Group Clean Mobility

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2023-11-07 Company

Nine-month figures 2023: HELLA grows stronger than the market

  • Reported sales increase by 13 percent; currency-adjusted sales grow by 17 percent to € 6.2 billion \
  • Operating income rises to € 363 million; operating income margin improves to 6.1 percent
  • Net cash flow to sales ratio increases to 0.7 percent
  • Lighting, Electronics and Lifecycle Solutions with strong sales growth
  • Company outlook confirmed

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2023-09-29 Company

Bernard Schäferbarthold will become new HELLA CEO

  • CFO Bernard Schäferbarthold to take over as CEO from 1 January 2024, succeeding Michel Favre
  • Dr.-Ing. Wolfgang Ziebart: "Bernard Schäferbarthold has already demonstrated his high level of management expertise on several occasions. At the same time, I would like to thank Michel Favre for his excellent work."

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2023-07-24 Company

First half of 2023: HELLA accelerates sales growth and increases operating income by 76 percent

  • Group sales rise by 17.3 percent to €4.0 billion, outperforming growth of global light vehicle production by 6 percentage points
  • Operating income amounts to €245 million; operating income margin increases by two percentage points to 6.1 percent
  • Net cash flow to sales ratio improves to 2.2 percent after negative prior-year figure
  • Double-digit sales growth in all Business Groups; Lighting and Electronics develop significantly better than automotive production
  • Company outlook for the fiscal year 2023 confirmed

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2023-04-28 Company

HELLA Annual General Meeting 2023 resolves dividend payment of euro 2.88 per share

  • In addition to the regular dividend, the dividend includes the payment of a special dividend after the exit from the HBPO joint venture
  • Annual General Meeting also approves all other agenda items with a large majority

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2023-04-27 Company

First quarter 2023: HELLA improves profitability by 10 percent

  • Sales grow by 14.4 percent to €2.0 billion; global vehicle production increases by around 6 percent in the same period
  • Operating income improves to €111 million; operating income margin at 5.6 percent and largely at prior-year level; considerable investments to realize high order volumes
  • Net cash flow in relation to sales amounts to -1.9 percent due to high investments and the significantly improved sales development
  • All Business Groups record double-digit sales growth
  • Company outlook for the fiscal year 2023 confirmed

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2023-04-13 Company

HELLA increases sales by more than 14 percent in the first quarter

  • Consolidated sales of HELLA increase significantly to around € 2.0 billion
  • Successful business development is supported by all Business Groups
  • HELLA CEO Michel Favre: "Strong start to new fiscal year underlines excellent positioning along key strategic growth areas"

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2023-03-21 Company

Short fiscal year 2022: HELLA once again achieves record level with order intake of euro 1 billion per month

  • Reported sales in the short fiscal year 2022 (1 June to 31 December 2022) amount to €4.4 billion; adjusted EBIT is €222 million; adjusted EBIT margin rises to 5.0 percent
  • High production volumes in the lighting business in China; Electronics Business Group meets the strong demand for product solutions for electromobility and automated driving; Lifecycle Solutions successful in the spare parts and agricultural machinery business
  • Order intake was around €7 billion, especially for key automotive future trends and in strategic growth fields
  • Dividend payment totalling €2.88 per share proposed: continuation of established dividend policy and special dividend after HBPO share sale
  • Outlook for the fiscal year 2023: adjusted sales to be in the range of around €8.0 to 8.5 billion and operating income margin to be in the range of around 5.5 to 7.0 percent; net cash flow in relation to sales at approximately 2 percent

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2023-02-16 Company

Preliminary figures and company outlook published: HELLA expects record sales and further improved profitability for 2023

  • Solid performance in short fiscal year 2022 (1 June to 31 December 2022): sales at € 4.4 billion on a preliminary basis; adjusted EBIT margin at 5.0 percent
  • Order intake of around € 7 billion within short fiscal year 2022
  • Successful business development in all Business Groups due to high demand for core products
  • Cost synergies from cooperation with Faurecia under the FORVIA umbrella expected to reach more than € 300 million at the end of 2025
  • Fiscal year 2023: Currency and portfolio-adjusted sales expected to be in the range of around € 8.0 to 8.5 billion and operating income margin at around 5.5 to 7.0 percent; projected net cash flow at approximately 2 percent of sales

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2023-02-06 Company

HELLA appoints Jörg Weisgerber and Stefan van Dalen, two executives from its own ranks, to the Management Board

  • Jörg Weisgerber is taking over from Björn Twiehaus as head of HELLA's electronics business on April 1
  • Stefan van Dalen is succeeding Dr. Lea Corzilius as new Managing Director Lifecycle Solutions also as of April 1

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2023-01-13 Company

HELLA significantly increases sales and earnings in the first half of the fiscal year 2022

  • Group sales increased by 25.7% to €3.8 billion in the first six months of the short fiscal year 2022 (H1 FY 22); organic sales growth is 20.8%
  • Adjusted EBIT improved to €202 million; adjusted EBIT margin increased to 5.3%
  • All Business Groups recorded positive business development; Lighting and Electronics had double-digit sales growth
  • The Company outlook for the period 1 June 2022 to 31 May 2023 is confirmed

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2022-12-15 Company

HELLA plans to pay a special dividend following the sale of HBPO share

  • Special dividend to be € 2.61 per share
  • Established dividend policy to be continued regarding the regular dividend

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2022-12-12 Company

HELLA successfully completes exit from joint venture HBPO

  • 33.33 percent HBPO share successfully transferred to co-shareholder Plastic Omnium
  • Purchase price at € 290 million, including a dividend of around € 8 million

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2022-11-03 Company

2022 Capital Markets Day: HELLA accelerates profitable growth under FORVIA Power25 plan

  • Significant market outperformance with annual sales growth of more than 10 percent to over €9.4 billion in 2025
  • Substantial increase in operating margin to above 8 percent and net cash flow to around 4 percent of sales in 2025, supported by strong profitable growth in Electronics and a profitability turnaround in Lighting
  • On track for announced FORVIA sales synergies of €300 million to €400 million and cost synergies of over €250 million by 2025, around half of which attributable to HELLA

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2022-09-30 Company

Annual General Meeting approves all agenda items with a large majority

  • Dividend of € 0.49 per share approved for the fiscal year 2021/2022; total distribution amount at € 54 million
  • Prof. Dr. Wolfgang Ziebart takes over as Chairman of the Shareholder Committee; Andreas Renschler becomes new Chairman of the Supervisory Board; Judith Buss will chair the Audit Committee in future
  • HELLA CEO Michel Favre: "Business development and record order intake show: HELLA's business model is robust and positioned for the future".

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2022-09-29 Company

HELLA starts the new fiscal year with double-digit sales growth

  • Group sales increased by 21.6 percent to € 1.8 billion in the first fiscal quarter; adjusted EBIT of € 91 million at prior-year level; adjusted EBIT margin at 5.1 percent
  • Strong demand for HELLA core products and technologies in all three business groups: Lighting, Electronics and Lifecycle Solutions
  • HELLA continues internationalization of business with disproportionate growth in China as well as North and South America
  • Company outlook confirmed despite various market uncertainties

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2022-08-18 Company

HELLA significantly outperforms the market in the fiscal year 2021/2022 and achieves record order intake

  • Automotive segment outperforms global light vehicle production by 6.5 percentage points; Aftermarket sales grow by 15.6 percent, mainly due to independent aftermarket business; Special Applications increases sales by 8.3 percent due to strong business for agricultural and construction machinery
  • Consolidated sales of € 6.3 billion only slightly down on the prior-year level; currency and portfolio-adjusted sales at € 6.2 billion
  • Adjusted EBIT amounts to € 279 million due to high R&D capital expenditure and rising cost burdens; adjusted EBIT margin at 4.4 percent
  • Order intake at record level of around € 10 billion; among other things due to numerous orders for forward-looking technologies such as Digital Light SSL | HD, 77 GHz radar sensors and battery management systems
  • Dividend payment of € 0.49 per share proposed for the fiscal year 2021/2022
  • Significant increase in sales and earnings forecast for the next twelve months; nevertheless, market risks remain

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2022-08-05 Company

Judith Buss and Andreas Renschler to join HELLA's Shareholder Committee and Supervisory Board as independent members

  • Andreas Renschler is nominated to become Chairman of the Supervisory Board, Judith Buss is nominated to chair the Audit Committee on the board
  • With their election, there would be again three independent members on the Shareholder Committee; on the Supervisory Board, the number of independent members would increase to three
  • These nominations demonstrate the strong independent corporate governance of HELLA

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2022-07-28 Company

Prof Dr Wolfgang Ziebart designated for chairmanship of the HELLA Shareholder Committee

  • Prof Dr Wolfgang Ziebart to be elected to the Shareholder Committee, where he will take over as Chairman from Carl-Peter Forster, who is to step down from his position at the end of September 2022
  • Ziebart has excellent industry expertise as well as extensive management and committee experience, enabling him to actively help continue the HELLA success story from his position on the Shareholder Committee

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2022-07-28 Company

Exit from joint venture: HELLA agrees sale of HELLA held HBPO shares to Plastic Omnium

  • Further milestone reached in sharpening HELLA‘s profile as a technology company with Lighting, Electronics and Lifecycle Solutions at its core
  • Closing expected in the fourth quarter of 2022

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2022-07-20 Company

Preliminary yearly figures: HELLA significantly outperforms global automotive market despite sales decline

  • According to preliminary figures for the fiscal year 2021/2022, currency and portfolio-adjusted sales declined by 2.4% to € 6.2 billion due to lower worldwide vehicle production
  • Adjusted earnings before interest and taxes fell to around € 280 million as a result of consistent investments in future technologies and increasing cost burdens; adjusted EBIT margin at 4.4%

more
2022-07-11 Technology & Products

HELLA brings fully electric brake-by-wire pedal into large-scale production worldwide for the first time

  • Brake commands are transmitted exclusively electrically using by-wire technology
  • Fully electric control supporting functions of automated driving and customised setting of the brake function
  • Use of lightweight materials and elimination of required components reduces vehicle weight
  • X-by-wire pedals open up new long-term possibilities for designing the Cockpit of the Future

more
2022-04-29 Company

Extraordinary General Meeting of HELLA GmbH & Co. KGaA resolves change of fiscal year

  • Fiscal year rhythm to be harmonized with the calendar year as of 1 January 2023
  • A one-off short fiscal year will be inserted from 1 June to 31 December 2022; the current fiscal year 2021/2022 will not be affected by the change and will end as planned on 31 May 2022
  • Adjustment increases comparability with other companies as well as with macroeconomic and industry-specific key figures; reporting effort with Faurecia as the new majority shareholder is also reduced

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2022-04-29 Company

HELLA intends to consistently expand and further develop the Business Group Lifecycle Solutions

  • Increasing demand for solutions to extend the lifecycle of vehicles shall be addressed even more through targeted investments in the spare parts and workshop business
  • Regarding the integration and further alignment of the Special Applications activities, various strategic options are currently being examined, including a possible sale

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2022-04-07 Company

Nine-monthly figures: HELLA showing successful performance in a demanding market environment

  • Currency and portfolio-adjusted sales decline slightly by 0.9 percent to € 4.6 billion over the first nine months of the fiscal year 2021/2022; reported sales increase by 0.2 percent
  • Adjusted earnings before interest and taxes decrease to € 238 million; adjusted EBIT margin is 5.1 percent
  • Automotive sales significantly exceed general market development; successful spare parts business drives Aftermarket sales, workshop business also with sales rise; Special Applications benefiting from continuing strong business for agricultural and construction machinery
  • HELLA confirms the company outlook adjusted at the end of November 2021; great risks and uncertainties arising from war in Ukraine, resource shortages and the consequences of the coronavirus pandemic, especially in China

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2022-02-25 Company

Personnel changes in the HELLA Management Board:Michel Favre becomes Chief Executive Officer, Yves Andres takes over the Lighting Business Group

  • As of July 1, 2022, Michel Favre will succeed HELLA Chief Executive Officer Dr. Rolf Breidenbach, who will continue to support the company in an advisory capacity
  • Yves Andres will join the HELLA Management Board on April 15, 2022, where he will take over the management of the Lighting Business Group from Dr. Frank Huber after a transition period
  • Carl-Peter Forster, Chairman of the HELLA Shareholder Committee, thanks the departing members of the Management Board and is pleased to welcome two very experienced executives in Michel Favre and Yves Andres, who will continue the company's successful path

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2022-02-07 Company

Faurecia and HELLA announce the name of the world’s seventh largest automotive supplier: FORVIA

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2022-02-07 Company

HELLA and Faurecia set the course for a joint future

  • Together, Faurecia and HELLA form the seventh largest automotive supplier worldwide and a global market leader in high-growth technology fields
  • Representatives of Faurecia move into HELLA's Shareholder Committee in place of the previous representatives of the Family pool
  • Initial decisions made related to organizational structures
  • HELLA CEO Dr. Rolf Breidenbach will continue to closely support the integration until his resignation end of June 2022 and has accepted to advise the de factor Group beyond that date

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2022-02-04 Company

Dr. Rolf Breidenbach will end his position as Chairman of the HELLA Management Board by mutual agreement at mid-year

  • CEO Dr. Rolf Breidenbach and HELLA Shareholders' Committee have agreed to terminate the current CEO contract by mutual agreement on June 30, 2022
  • "With Faurecia as HELLA's new majority shareholder, the way is now paved for a successful future," says Dr. Breidenbach
  • Chairman of the Shareholders' Committee Carl-Peter Forster praises Breidenbach's achievements for the company over the past 18 years and expresses his utmost gratitude to him
  • Dr. Breidenbach will continue to closely monitor the integration with Faurecia until his departure; it is intended that he will continue to support the de facto group in an advisory capacity beyond this date
  • Decision on successor to be made in a timely manner

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2022-01-31 Company

FAURECIA is new majority shareholder of HELLA

  • Acquisition by FAURECIA was successfully completed
  • Including the 60 percent share package of HELLA pool shareholders, FAURECIA acquires approx. 79.5 percent of HELLA shares in the course of the transaction
  • The transaction creates the seventh largest automotive supplier worldwide and a global market leader in high-growth technology fields

more
2022-01-18 Technology & Products

The Coolant Control Hub from HELLA: The revolution for thermal management in electric vehicles

  • HELLA combines all the necessary functions for efficient thermal management for the first time in the form of a subsystem
  • Innovative 7-way valve ensures ideal temperature of battery, components and vehicle interior at any time of the year and enables efficient heat recovery
  • Modular approach allows components to be combined according to requirements

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2022-01-13 Company

HELLA presents half-year results: sales burdened by massive bottlenecks for electronic components, but develops significantly better than the automotive market

  • Currency and portfolio-adjusted consolidated sales fall in the first six months by 2.6 percent to € 3.0 billion (second quarter: -11.9 percent)
  • In the half-year period, adjusted EBIT falls to € 156 million (prior year: € 269 million); adjusted EBIT margin at 5.1 percent compared to 8.7 percent in prior year (second quarter: 4.1 percent)
  • Despite a decline in sales, the Automotive segment posts stronger development than the overall market; strong spare parts and workshop business drive positive development in the Aftermarket segment; Special Applications benefits from positive business for agricultural and construction machinery
  • The forecast for the full fiscal year 2021/2022 was already adjusted on 29 November 2021 due to the business performance to date, the expected lack of market recovery in the second half of the year and increasing cost burdens

more
2021-11-29 Company

HELLA publishes preliminary key figures for the second quarter of the fiscal year and adjusts company outlook for the current fiscal year due to expected lack of market recovery in the second half of the year and increasing cost burdens

  • Based on preliminary figures, Group sales decline by around 13 percent to € 1.5 billion in the second quarter of the fiscal year due to ongoing bottlenecks in the global supply and logistics chains
  • Preliminary adjusted EBIT margin falls to around 4.0 percent in the second quarter as a result of rising materials and logistics costs and increased production inefficiencies due to the materials bottlenecks
  • Sales and earnings forecast for the current fiscal year 2021/2022 is lowered further against the backdrop of the business performance to date, the expected lack of market recovery in the second half of the year, and increasing cost burdens

more
2021-09-30 Company

HELLA Annual General Meeting 2021: Shareholders approve dividend payment of euro 0.96 per share

  • Annual General Meeting approves all items on the agenda; Management Board, Shareholder Committee and Supervisory Board were granted discharge with a large majority 
  • Subject to the current review of the offer document, the Management Board will support Faurecia's offer to acquire the additional HELLA shares.

more
2021-09-28 Company

HELLA with good business development in the first quarter, but massive component shortages lead to considerable burdens

  • Currency and portfolio-adjusted sales improve by 9.5 percent to € 1.5 billion in the first quarter of the fiscal year; reported sales growth of 9.6 percent 
  • Adjusted EBIT increases to € 91 million; adjusted EBIT margin at 6.2 percent 
  • Automotive segment develops significantly better than the market, but is massively impaired as a result of the component crisis; Aftermarket with strong spare parts and workshop business; Special Applications grows due to good business with agricultural machinery manufacturers and further customer groups 
  • Company outlook for fiscal year 2021/2022 lowered already on 23 September 2021 in view of significantly reduced market expectations

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2021-08-19 Company

HELLA largely recovers pandemic-related losses in fiscal year 2020/2021 and significantly improves sales and earnings

  • Consolidated sales up by 13.3 percent on a currency and portfolio-adjusted basis to € 6.5 billion 
  • Adjusted earnings before interest and taxes more than doubled to € 510 million; adjusted EBIT margin at 8.0 percent 
  • Company management proposes dividend of € 0.96 per share 
  • Automotive segment grows more strongly than the global automotive market; good development in the independent aftermarket stimulates Aftermarket business; Special Applications records strong business with agricultural machinery manufacturers 
  • Despite the still challenging market environment, HELLA is confident about the current fiscal year

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2021-08-14 Company

HELLA and Faurecia agree to combine their businesses: Partnership opens additional growth potential

  • Faurecia acquires the 60 percent stake from the pool shareholders of HELLA and announces tender offer to acquire the remaining HELLA shares for € 60 per share 
  • Combination of the two companies creates 7th largest global automotive supplier and a global market leader in high-growth technology areas
  • HELLA focus areas to continue significant investment in research and development and to retain a high degree of operative responsibility 
  • Management, Shareholders’ Committee and Supervisory Board welcome the transaction

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2021-07-28 Company

HELLA continues to grow more rapidly than the automotive market even in a challenging market environment

  • According to preliminary figures, currency and portfolio-adjusted sales grew by 13.3 percent to € 6.5 billion in fiscal year 2020/2021
  • At € 510 million, adjusted earnings before interest and taxes were more than twice as high as in the prior year; adjusted EBIT margin was 8.0 percent

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2021-05-20 Technology & Products

HELLA presents innovative electronic solutions at JSAE 2021

  • 48V DC/DC Converter is specially designed for mild hybrid vehicles of higher performance classes 
  • Innovative Interior Monitoring enables reliable child presence and seat occupancy detection

more
2021-04-14 Company

HELLA significantly improves earnings in a challenging industry environment

  • Coronavirus pandemic and bottlenecks in global supply and logistics chains hamper industry development 
  • Currency and portfolio-adjusted consolidated sales decrease slightly by 0.3 percent to € 4.7 billion in the first nine months of the current fiscal year
  • Thanks to consistent cost management, adjusted earnings before interest and taxes increase by 10.1 percent to € 373 million; adjusted EBIT margin rises to 8.0 percent
  • At € 312 million, reported EBIT stands at the prior-year level; reported EBIT margin comes to 6.7 percent 
  • Automotive segment achieves slight growth in the third quarter; Aftermarket sees significant rise in profitability; Special Applications returns to sales growth due to strong agricultural machinery business 
  • Company outlook substantiated to the upper half of the forecast ranges raised in December despite increasing market uncertainties

more
2021-03-18 Technology & Products

HELLA Launches Latest 48V DC/DC Converter in China

HELLA’s latest 48V DC/DC converter is specially designed for mild hybrid vehicles of higher performance classes

more
2021-02-03 Company

HELLA sells shares in joint venture Mando HELLA Electronics to partner Mando

  • Continuation of active portfolio management 
  • HELLA intends to intensify direct business with South Korean customers and serve them more strongly from its own network on a global basis 
  • Expansion of own activities in South Korea planned

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2021-02-02 Company

HELLA successfully completes sale of activities in the front camera software business

Disposal is based on stringent portfolio management; large investments in automated driving to continue unchanged

more
2021-01-14 Company

Thanks to a slight market recovery and strict cost discipline, HELLA sees good business development over the first half of the year

  • Currency and portfolio-adjusted consolidated sales decrease by 2.5 percent in the first half of fiscal year 2020/2021 to € 3.2 billion (second quarter: +4.7 percent) 
  • Adjusted earnings before interest and taxes increase to € 269 million; adjusted EBIT margin improves to 8.7 percent (second quarter: 12.1 percent) 
  • Reported EBIT is at € 94 million due to provisions relating to the programme aimed at increasing competitiveness over the long term 
  • Automotive segment with strong business development in the second quarter; Aftermarket sees significantly improved profitability; Special Applications' sales at prior-year level 
  • Guidance for the full fiscal year 2020/2021 has already been raised in December despite continuing market uncertainties

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2020-09-30 Company

Dr. Lea Corzilius becomes a member of the HELLA Management Board

With Lea Corzilius, an HR expert from the company's own ranks will take over as Deputy Managing Director for the HR department on 1 October 2020

more
2020-09-29 Company

HELLA sells front camera software business to Volkswagen's Car.Software Org

  • Transaction expected to lead to extraordinary income in the range of approximately € 100 million
  • About half of HELLA Aglaia's employees will transfer to the Car.Software Org of Volkswagen
  • Other business activities of HELLA Aglaia not affected by transaction; role as competence centre for software further strengthened
  • Strict portfolio management continues with sale; HELLA continues to invest in technologies for automated driving

more
2020-09-25 Company

HELLA Annual General Meeting decides to suspend dividend payment

  • CEO Dr. Rolf Breidenbach: "We want to keep the company as strong as possible and sustainably safeguard our financial flexibility going forward"
  • Shareholders approve all items on the agenda; actions of the management, Shareholder Committee and Supervisory Board approved by a large majority
  • 500 Shareholders and guests follow virtual Annual General Meeting; 86 percent of voting share capital represented

more
2020-09-24 Company

HELLA begins new fiscal year better than expected

  • Covid-19 pandemic continues to hamper industry development; consolidated sales after currency and portfolio adjustments decrease in the first three months by 10.6 percent to € 1.4 billion
  • Adjusted earnings before interest and taxes fall to € 56 million; adjusted EBIT margin is 4.2 percent
  • The first quarter closes with a reported EBIT of minus € 115 million due to provisions for restructuring measures in Germany (€ 169 million)
  • Automotive segment affected by drop in light vehicle production; Aftermarket with strong workshop business; Special Applications benefits from increased sales in the agricultural machinery business
  • Outlook for the current fiscal year 2020/2021 confirmed

more
2020-09-02 Technology & Products

HELLA implements 24 GHz radar sensor technology in the Suzuki Swift and Swift Sport

Technology supports safety-relevant driver assistance functions, such as "Blind Spot Monitor" and "Rear Cross Traffic Alert"

more
2020-08-14 Company

HELLA presents final figures for the fiscal year 2019/2020

  • Consolidated sales adjusted for currency and portfolio effects fall by 14.3 percent to € 5.8 billion, adjusted earnings before interest and taxes fall to € 233 million, adjusted EBIT margin stands at 4.0 percent
  • Reported EBIT comes to minus € 343 million due to non-cash impairments; dividend payment to be suspended
  • Adjusted free cash flow from operating activities at € 227 million despite the clearly negative market environment
  • Automotive sales fall significantly, but continue to perform better than the market; Aftermarket impacted by market weakness in the workshop and spare parts business; Special Applications impacted by weak business for agricultural and construction vehicles and also by the Covid-19 pandemic
  • Forecast for current fiscal year 2020/2021 reflects the high level of market uncertainty and lower light vehicle production

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2020-07-28 Company

HELLA publishes preliminary annual figures as well as outlook and presents a programme to strengthen its competitiveness in the long term

  • Currency and portfolio-adjusted sales decline by 14.3 percent to € 5.8 billion in fiscal year 2019/2020 based on preliminary figures; adjusted EBIT margin comes to 4.0 percent
  • Reported EBIT amounts to minus € 343 million due to non-cash impairments of € 533 million
  • Outlook for the current fiscal year 2020/2021 reflects high market uncertainty and reduced vehicle production
  • Company management decides on a long-term programme for sustainable improvement of competitiveness

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2020-04-02 Company

Solid business development in the nine-month period, consequences of the COVID-19 pandemic noticeably evident

  • Currency and portfolio-adjusted consolidated sales decrease by 3.7 percent to € 4.8 billion; adjusted earnings before interest and taxes fall to € 347 million; adjusted EBIT margin is at 7.2 percent
  • Adjusted free cash flow from operating activities improves to € 191 million
  • Automotive business burdened by coronavirus outbreak; Aftermarket with strong earnings development; business in Special Applications declines due to market weakness of individual customer groups
  • Company outlook already adjusted due to the consequences of the COVID-19 pandemic

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2020-03-18 Company

Business development so far in line with expectations, but adjustment of company outlook necessary due to COVID-19 pandemic

  • On a provisional basis, sales after adjustment for currency and portfolio effects decrease by 3.7 percent in the first nine months of the fiscal year 2019/2020 to € 4.8 billion; adjusted EBIT margin decreased to 7.2 percent
  • Comprehensive set of measures adopted to reduce staff and material costs; short-time work on domestic locations under preparation; further measures expected due to COVID-19 pandemic
  • Adjustment of company outlook for the current fiscal year 2019/2020 necessary due to special market conditions

more
2020-03-10 Technology & Products

HELLA gets innovative world headlamp for global premium manufacturer on the road

Intelligent software control via identical SSL 100 light module replaces up to 12 different headlamp variants

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2020-02-28 Company

Personnel changes in the HELLA Management Board

  • Björn Twiehaus becomes a member of the HELLA Management Board on 1 April 2020
  • Dr. Werner Benade will leave the Management Board when his contract expires at the end of March 2020; the Aftermarket and Special Applications segments will be reallocated
  • Dr. Nicole Schneider, Managing Director Human Resources, leaves the company at the end of February; the vacant position is to be newly filled at Management Board level

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2020-01-14 Company

Challenging market environment adversely affects sales and earnings in first half of fiscal year

  • Currency and portfolio-adjusted sales decline by 3.2% to € 3.3 billion; reported sales drop by 6.7% due to sale of wholesale activities
  • Adjusted earnings before interest and taxes fall to € 257 million; adjusted EBIT margin is at 7.8%
  • Decline in global light vehicle production impacts automotive business; profitability improves in Aftermarket; Special Applications segment affected by weakness in individual customer markets
  • Company outlook confirmed for current fiscal year

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2019-11-12 Company

HELLA sells relay business to Hongfa

Automotive supplier aligns electronics business even more strongly in line with the automotive market trends of electric mobility and autonomous driving

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2019-09-27 Company

HELLA Annual General Meeting approves special dividend and elects representatives for Shareholder Committee and Supervisory Board

  • Distribution of a special dividend of € 2.30 per share in addition to a regular dividend of € 1.05 per share resolved
  • Carl-Peter Forster takes over as Chairman of the Shareholder Committee; Klaus Kühn new Chairman of the Supervisory Board

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2019-09-26 Company

HELLA experiences slow start to the new fiscal year as expected

  • Currency and portfolio-adjusted sales decline by 5.5 percent to € 1.6 billion in the first quarter; reported sales drop by 12.1 percent after portfolio changes
  • Adjusted earnings before interest and taxes decrease in the first three months to € 113 million; adjusted EBIT margin is 7.2 percent
  • Further decline in industry development negatively impacts Automotive sales; Aftermarket segment maintains profitability at the previous year’s level; Special Applications has a weak business in individual customer markets
  • Outlook for the current fiscal year 2019/2020 confirmed

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2019-09-11 Company / Technology & Products

Interior of the future: HELLA and Faurecia show joint demonstration vehicle

Partners show pioneering concepts for the future of vehicle interiors at IAA 2019

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2019-09-11 Company / Technology & Products

Front of the Car: HELLA and Plastic Omnium work on holistic concepts for the vehicle front

Idea of comprehensive integration of lighting components into the vehicle front presented at IAA 2019

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2019-09-11 Company / Technology & Products

HELLA launches next generation of lighting technology on the market

SSL|HD: new highly integrated HD-LED lighting system

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2019-09-10 Company / Technology & Products

Exceed Possibilities: HELLA presents lighting and electronic solutions for future mobility at IAA 2019

  • Innovative Dual Voltage Battery for mild hybrids enables significant CO2 savings
  • New road condition sensor extends sensor portfolio for automated driving scenarios
  • New high-resolution digital headlamp technology opens up a wide range of applications
  • Holistic solutions for the vehicle front and the interior of the future jointly developed with partners

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2019-08-14 Company

Planned changes to the Shareholder Committee and Supervisory Board of HELLA GmbH & Co. KGaA

  • Carl-Peter Forster proposed as Chairman of the Shareholder Committee
  • Klaus Kühn shall lead the Supervisory Board in the future

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2019-08-09 Company

HELLA compensates for challenging market conditions and outperforms the automotive sector in the fiscal year 2018/2019

  • Currency and portfolio-adjusted sales rise by 5.0 percent in the fiscal year 2018/2019; portfolio effects reduce reported consolidated sales by 1.0 percent to € 7.0 billion 
  • Adjusted earnings before interest and taxes improve to € 585 million; adjusted EBIT margin increases to 8.4 percent 
  • Automotive segment benefits from high demand for lighting systems and electronic components; Aftermarket significantly improves profitability; Special Applications sees positive progress in the business for agricultural and construction vehicles 
  • Special dividend proposed as a result of strong development of the balance sheet and the sale of the wholesale business; total dividend at € 3.35 per share 
  • Company outlook reflects major uncertainties in market environment and further declining industry development

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2019-07-24 Company

Preliminary figures for fiscal year 2018/2019: HELLA achieves annual targets

  • Currency- and portfolio-adjusted sales growth of 5.0 percent; adjusted EBIT increase by 5.9 percent to € 585 million; adjusted EBIT margin improves to 8.4 percent
  • Continuation of established dividend policy; additional payout of special dividend planned
  • Outlook for fiscal year 2019/2020 reflects high uncertainties in the market environment and therefore decreasing sector development

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2019-05-14 Company

Continuity and Change on the HELLA Management Board

  • Management contract of CFO Bernard Schäferbarthold extended until 2024
  • Management board member Dr. Frank Huber takes over management of the business division Lighting
  • Stefan Osterhage retires as planned after many years in the business

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2019-04-11 Company

HELLA confirms its company outlook for the current fiscal year after sales and earnings growth in the third quarter

  • Currency- and portfolio-adjusted sales increase by 6.2% in the first nine months of the current fiscal year 2018/2019; reported consolidated sales increase to € 5.2 billion 
  • Adjusted earnings before interest and taxes improve by 5.6 percent to € 417 million; adjusted EBIT margin is at 8.1 percent 
  • Sales growth in the automotive segment drives group-wide growth; strong workshop equipment business in the aftermarket; Special Applications reports good business development for agricultural machinery, construction vehicles and trailers 
  • Prior company outlook for the current fiscal year 2018/2019 confirmed

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2019-02-19 Company

Capital Markets Day 2019: HELLA presents strategic orientation toward electromobility

  • As a provider of powerful key components and subsystems, HELLA supports the path to clean mobility 
  • Company considers itself well positioned to continue profitable growth path in the long term

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2019-01-21 Technology & Products

Plastic Omnium and HELLA enter into strategic partnership

Cooperation promotes the innovative integration of lighting technologies into the vehicle exterior

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2019-01-11 Company

HELLA increases sales and earnings in a challenging market environment

  • Currency- and portfolio-adjusted sales increase by 7.3% in the first half of the fiscal year; reported sales increase by 2.8% to € 3.6 billion taking into account the effects of exchange rates as well as the divestment of the wholesale distribution business 
  • Adjusted EBIT improves by 5.5 percent to € 302 million; adjusted EBIT margin is 8.6 percent
  • Automotive segment drives group-wide growth; business with workshop equipment supports growth in Aftermarket; Special Applications shows positive development in the business for agricultural and construction vehicles 
  • Continuing positive business development expected for the current fiscal year 2018/2019

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2018-11-21 Company / Technology & Products

HELLA and Faurecia enter into strategic collaboration

Automotive suppliers to partner on interior lighting solutions for the cockpit of the future

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2018-09-28 Company

HELLA Annual General Meeting decision increases dividend to <EUR> 1.05 per share

  • Dividend increases by 14 percent; total distributed sum of € 117 million
  • HELLA CEO Dr. Rolf Breidenbach confirms forecast for the current fiscal year

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2018-09-28 Company

Dr. Nicole Schneider becomes Managing Director Human Resources at HELLA

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2018-09-27 Company

HELLA with strong sales and earnings increase in the first quarter

  • Currency-adjusted sales increase by 10.3 percent in the first three months; reported sales grow by 9.7 percent to € 1.8 billion
  • Adjusted EBIT improves by 12.0 percent to € 140 million; adjusted EBIT margin increases to 7.8 percent
  • The automotive segment is driving Group-wide growth; Aftermarket enjoys strong workshop and spare parts business; sales in the Special Applications segment equivalent to the value of the prior year
  • Despite increasing market uncertainty, HELLA confirms positive company outlook for fiscal year 2018/2019

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2018-09-14 Company

HELLA opens new electronics plant in Lithuania

  • New location serves rising demand for electronics solutions on European market
  • Creation of up to 250 new jobs during first expansion phase

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2018-09-11 Company / Garages & Services

Automechanika 2018: HELLA presents strategic alignment for aftermarket business

  • Stronger alignment of aftermarket business along original equipment competencies in lighting and electronics
  • Closer linkage of original equipment expertise and workshop equipment competencies
  • Development of new digital business models

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2018-09-06 Company

Moody’s upgrades HELLA rating to Baa1 with a stable outlook

  • The improved rating reflects a positive development of key financial indicators
  • The increase also takes into account the leadership of HELLA in the areas of lighting technology and electronics as well as the diversified business model

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2018-09-03 Company

HELLA successfully concludes sale of wholesale businesses FTZ and Inter-Team

The Danish and Polish wholesale businesses were transferred to Swedish wholesaler Mekonomen after approval by the cartel authorities

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2018-08-10 Company

HELLA grows significantly stronger than the automotive market in the fiscal year 2017/2018

  • Currency-adjusted sales growth reaches 9.3 percent; reported consolidated sales rise by 7.2 percent to € 7.1 billion
  • Adjusted earnings before interest and taxes improve by 8.8 percent to € 581 million; adjusted EBIT margin increases to 8.2 percent
  • The Automotive segment drives Group-wide sales growth; Aftermarket considerably improves earnings before interest and taxes; Special Applications generates strong sales and earnings momentum
  • Dividend to be increased by 14 percent to € 1.05 per share
  • Profitable growth path expected to continue in the fiscal year 2018/2019

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2018-08-09 Company

HELLA restructures aftermarket business

  • Stronger alignment of product portfolio along original equipment competencies in lighting and electronics
  • Closer linkage of original equipment expertise with workshop equipment competencies
  • New Mobility Solutions business unit established for tapping into digital business models
  • Agreement for transferring thermal management activities to MAHLE under the roof of Behr Hella Service as of December 31, 2019

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2018-08-06 Garages & Services

Digital multifunction glasses bring real-time support to the workplace

  • Exchange of information in hands-off mode
  • Gradual function extension from 2019 onwards

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2018-08-06 Garages & Services

The Hella Gutmann diagnostic unit mega macs 77 steps up a gear

  • New user interface based on innovative software architecture
  • High-octane, interlinked diagnostics

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2018-07-17 Company

HELLA once again increases sales and earnings significantly in the fiscal year 2017/2018

  • Preliminary key performance indicators for the fiscal year 2017/2018 confirm stronger growth than the automotive market and a further increase in profitability
  • Currency-adjusted consolidated sales increase by 9.3 percent; reported sales rise by 7.2 percent to € 7.1 billion
  • Adjusted earnings before interest and taxes improves to around € 581 million; adjusted EBIT margin increases to about 8.2 percent

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2018-07-06 Company

Mekonomen acquires wholesale activities from HELLA

  • Swedish wholesaler takes over Danish and Polish wholesale companies
  • HELLA focuses the Aftermarket segment on the independent spare parts business and workshop equipment

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2018-06-28 Technology & Products

HELLA Incubator in Berlin sets up next spin-off

Start-up Yptokey launches software solution for digital keys and access authorization systems

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2018-06-11 Company

HELLA expands production capacities in the NAFTA region significantly

With a new electronics plant and the expansion of existing lighting plants, HELLA is strengthening its position in the American market

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2018-04-27 Company

HELLA and BHAP launch electronics joint venture in China

  • HELLA BHAP Electronics Co., Ltd. meets rising demand for electronic components
  • Start of series production by the new joint venture expected for early 2020

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2018-03-22 Company

HELLA continues its sales and earnings growth in the third quarter

  • Currency-adjusted sales increase by 9.3 percent in the first nine months of the fiscal year 2017/2018; reported sales grow by 7.4 percent to € 5.1 billion
  • Adjusted EBIT improves by 9.5 percent to € 408 million; adjusted EBIT margin increases to 8.0 percent
  • Significant increase in sales in the segments Automotive (+8.2 percent) and Special Applications (+13.4 percent); Aftermarket sees 3.9 percent increase in sales with external customers
  • Positive company outlook confirmed

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2018-02-15 Company

Capital Markets Day 2018: HELLA is strengthening its strategic approach toward autonomous driving

  • Technology leadership geared toward automotive market trends supports profitable growth path
  • Positioning HELLA as a supplier of key components and subsystems and as a development partner for autonomous driving strengthens business model
  • Management board provides information regarding medium-term growth prospects

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2018-02-02 Company

HELLA’s management board newly arranged to set path for the future

  • CEO contract for Dr. Rolf Breidenbach extended for five more years
  • Dr. Breidenbach takes over management of the Automotive Segment; Dr. Frank Huber to become deputy managing director of the Lighting business division
  • Markus Bannert and Dr. Matthias Schöllmann will leave the management board

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2018-01-31 Company

Dr. Felix Willing new Chief Information Officer at automotive supplier HELLA

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2018-01-11 Company

HELLA achieves significant sales and earnings increase in the first half of the fiscal year 2017/2018

  • Currency-adjusted sales increase of 9.3 percent in the first half of the fiscal year; reported sales growth of 8.0 percent to € 3.5 billion
  • Adjusted EBIT improves by 9.3 percent to € 293 million; adjusted EBIT margin increases to 8.5 percent
  • Long-term expansion of the global HELLA network: Numerous new locations are planned in international target markets
  • A substantial increase in sales in the Automotive segment (+9.1 percent) supports Group-wide growth; Special Applications contribute to increase in sales and earnings
  • Positive company outlook confirmed after the first half of the fiscal year

more
 
 
 

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02/06/2024
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02/15/2024
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