HELLA Group Revenues Grow Significantly In Challenging Market Environment
21 July 2016
| • 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 |
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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.