Press Releases
12/16/2009
Change in management at SAF-HOLLAND after successful refinancing
With the successful completion of SAFHOLLAND's new financing agreement, Dr. Reiner Beutel stepped down as Chief Executive Officer (CEO) and Member of the Board of Directors effective with the Annual General Meeting on December...
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11/30/2009
SAF-HOLLAND secures financing until 2014
Flexibility and liquidity secured over the long term, New conditions agreed, Agreement confirms the competitiveness of the Company, Costs in operating business substantially lowered more
11/19/2009
SAF-HOLLAND returns to profitability
September strongest sales month in 2009 to date, Sales in the first nine months: EUR 316.4 million, Adjusted EBIT once again positive: EUR 1.2 million, Strong cash flow performance
10/01/2009
SAF-HOLLAND appoints President of Aftermarket Business Unit
Effective October 1, 2009, SAF-HOLLAND S.A. has appointed Alexander Geis President of the Aftermarket Business Unit. more
08/25/2009
SAF-HOLLAND achieves an operating result in the first half of the year just short of break-even
Sales: EUR 213.3 million. Adjusted EBIT: EUR -1.3 million. CEO Dr. Beutel: “Restructuring makes an impact, proposed trustee model sustainably supports operating business” more
07/22/2009
SAF Holland reaches agreement on supplementary labor contract with IG Metall
SAF-HOLLAND GmbH has agreed, with the support of the works council, a supplementary labor contract with IG Metall for its locations at Wörth and Bessenbach. This is the Company’s response to continued weak growth in the... more
06/09/2009
SAF-HOLLAND S.A.: Strategic Cooperation with Volvo Truck Corporation
Service network is being expanded by more than 1000 spare part distributors - More partnerships planned in the aftermarket business more
05/28/2009
First Quarter 2009 Sales Decline Cushioned by Restructuring Efforts
Group sales reach EUR 112.1 million. Adjusted EBIT of EUR -0.5 million. more
04/27/2009
SAF-HOLLAND Solidly Positioned
Group sales in 2008 total EUR 798.8 million, EUR 817.2 million on an exchange rate-adjusted basis. Adjusted EBIT of EUR 41.2 million. Program to boost productivity and financial strength continued. more
02/27/2009
SAF-HOLLAND Secures Funding Leeway - Preliminary Figures for Fiscal Year 2008
SAF-HOLLAND S.A., an international supplier to the truck and trailer industry, has secured funding leeway for the months ahead. An agreement signed today with the Company’s current bank consortium, led by Dresdner Kleinwort and... more
01/28/2009
SAF-HOLLAND: Dr. Reiner Beutel Succeeds Rudi Ludwig as CEO
Rudi Ludwig (60), Chief Executive Officer of SAF-HOLLAND Group GmbH, will withdraw from day-to-day operations when his contract expires on February 28, 2009 in accordance with his own wishes. more
11/19/2008
SAF-HOLLAND: Sales Growth in the First Nine Months, Operating Earnings at Last Year’s Level
Adjusted EBIT of EUR 46.4 million, Sales rise to EUR 646.3 million, adjusted for exchange rate effects to EUR 673.2 million, Full year 2008: Sales of EUR 820 million and EBIT margin of about 6 percent expected
11/07/2008
SAF-HOLLAND Posts Q3 Profit
SAF-HOLLAND S.A. has posted positive third-quarter earnings in an increasingly difficult market environment. Preliminary figures for the third quarter put the adjusted EBIT at about EUR 9 million (preceding year: 16.3) with sales... more
10/09/2008
SAF-HOLLAND: Maintaining Modest Growth Course
SAF-HOLLAND S.A. is continuing its growth trend even in the 2008 fiscal year. However, the increase in sales and earnings will be weaker than originally forecasted. more
09/24/2008
The HOLLAND FWAL Aluminum Fifth Wheel is now available on Volvo VN
SAF-HOLLAND is pleased to announce that the FWAL aluminum fifth wheel is now an available option for the Volvo VN from Volvo Trucks North America. more
09/04/2008
SAF-HOLLAND S.A. Places Shares from Capital Increase at a Price of EUR 7.50 per Share
SAF-HOLLAND S.A. (ISIN: LU0307018795 has successfully completed its capital increase. The new shares were placed at a price of EUR 7.50 each with qualified investors in Germany and other European countries. more
08/29/2008
SAF-HOLLAND Boosts Sales and Earnings in the First Half of the Year
Adjusted EBIT climbed in the first half of the year by 23.8% to EUR 37.5 million. Sales rose in the first half of the year by 11.3% to EUR 458.0 million, adjusted for exchange rate effects by 16.3% to EUR 478.5 million.... more
08/28/2008
SAF-HOLLAND acquires subsidiary of Georg Fischer AG and strengthens its market position in the European truck industry
Pamplona Capital Management guarantees underwriting of new shares. Profit and sales increase significantly in first half-year
07/23/2008
SAF-HOLLAND S.A. Proceeds with Reorganisation
Relocation of the former Holland site from East-Westphalia
to Bavaria completed. Strategic consolidation making progress. more
05/13/2008
SAF-HOLLAND Generates Record Earnings in the First Quarter of 2008 and Confirms Forecast for the Year
Group sales rose by 3.1 percent to € 219.3 million; exchange rate-adjusted, Group sales increase by 7.6 percent to € 228.7 million. Adjusted EBIT margin at 8.2 percent within the target range for 2008. Profit for the period... more
05/06/2008
SAF-HOLLAND and DAF Trucks agree strategic cooperation in Aftermarket business
SAF-HOLLAND S.A., one of the world's leading producers and suppliers of high-quality systems and components for the truck and trailer industries, and DAF Trucks have agreed an after market cooperation deal. more
04/24/2008
SAF-HOLLAND shareholders approve dividend of 42.47 Euro cent per share
The shareholders of SAF-HOLLAND S.A., one of the world’s leading producers and suppliers of high-quality systems and components for the truck and trailer industries, have approved the proposed dividend of 42.47 Euro cent per... more
04/07/2008
SAF-HOLLAND significantly strengthens Chinese presence with acquisition of Austin-Westran Product Line
SAF-HOLLAND S.A., one of the world’s leading producers and suppliers of high-quality systems and components for the truck and trailer industries, has acquired the landing leg (trailer support) product line from Austin-Westran. more
03/31/2008
SAF-HOLLAND meets targets for 2007 and gives positive outlook for 2008
Consolidated sales rise to €812.5 million: +4.5%, on a constant currency basis +7.9%. Adjusted EBIT of €60.5 million, in line with forecast. Recommended dividend of 42.47 Euro cent per share. Outlook 2008: further strong growth... more
02/21/2008
SAF-HOLLAND Agrees Post-IPO Refinancing on Improved Terms
€263 m and $90 m in New Syndicated Senior Credit Facilities. Lower financing costs and improved debt and cash flow profile. more
01/10/2008
SAF-HOLLAND gets off to good start in 2008
New long-term orders secured. Positive outlook for 2008 strengthened. more
01/10/2008
SAF-HOLLAND raises forecast as orders reach historic high
Q3 2007 sales increase to €201.8 million, up 10% on constant currency basis. Adjusted EBITDA of €19.0 million. Outlook FY 2007: Sales volume expected at around €800 million and adjusted EBIT at around €60 million. More than 15%... more
08/31/2007
First Half 2007: SAF-HOLLAND sales rise 3%, boosted by strong demand in Europe
H1 2007 sales increase to €411.6 million, up 3%. Adjusted EBITDA of €36.2 million. Outlook FY 2007: Sales volume expected at around €800 million. more
08/16/2007
25 kg Nutzlastgewinn durch neue Aluminiumsattelkupplung von SAF-HOLLAND
Available in German only more
08/16/2007
Two market leaders start up with joint product range
SAF-HOLLAND S.A., one of the world's leading manufacturers and suppliers of high-grade product systems and components for commercial vehicles, was produced from the merger between SAF and the HOLLAND Group in 2006. more
08/13/2007
SAF-HOLLAND optimises spare parts logistics
SAF-HOLLAND S.A., one of the world's leading manufacturers and suppliers of high-quality product systems and components for commercial vehicles, outsourced its spare parts logistics to the company Teamlog GmbH in Aschaffenburg as... more
12/06/2006
Otto Sauer Achsenfabrik GmbH and The Holland Group, Inc. Announce Merger Plans
Otto Sauer Achsenfabrik GmbH (SAF) and The Holland Group, Inc. today announced that they have signed a definitive agreement which will result in the merger of the two companies. more
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barbara.zanzinger@safholland.de