SAF Holland SE (XTER:SFQ)
€ 14.64 0.74 (5.32%) Market Cap: 655.49 Mil Enterprise Value: 1.14 Bil PE Ratio: 6.88 PB Ratio: 1.31 GF Score: 80/100

Half Year 2023 Saf-Holland Se Earnings Call Transcript

Aug 10, 2023 / 01:00PM GMT
Release Date Price: €12.13 (-5.01%)
Operator

Dear ladies and gentlemen, welcome to this SAF-Holland SE Q2 and H1 2023 Results Call. Today's presenters are CEO, Alexander Geis; and CFO, Frank Lorenz-Dietz. (Operator Instructions)

Mr. Geis, the floor is yours.

Alexander Geis
SAF-Holland SE - CEO & Chairman of Management Board

Good afternoon, everyone. This is Alex Geis speaking, and a warm welcome to our conference call on our Q2 and half year 2023 results. Post COVID-19 global economies have seen supply chain disruptions, substantial inflation as well as interest rate hikes by major central banks. Against this partially adverse economic environment and the cyberattack, SAF-Holland performed very well and resiliently showing strong management capabilities.

Ladies and gentlemen, we at SAF-Holland remain focused on delivering profitable growth also during challenging times.

Moving on to Q2 '23 highlights on Page 4, please. Here all, we have seen a strong year-over-year sales increase of 37.7%, mainly driven by Americas and APAC regions and the consolidation of Haldex. Even if

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