Press Releases

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
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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.
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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.
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03/20/2009

SAF-HOLLAND: Daimler Subsidiary Freightliner Distributes Innovative Fifth Wheel – Successful Start to Axle Production in the US

SAF-HOLLAND S.A. is expanding its sales potential. Daimler subsidiary Daimler Truck North America (formerly Freightliner Corporation), one of the largest truck manufacturers in North America, now offers customers the option of an...
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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...
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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.
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11/21/2008

SAF-HOLLAND comes to terms with the works council regarding a reconciliation of interests

190 jobs will be shed in northern Bavarian sites

Package of measures includes a social compensation program and reduced hours
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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

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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...
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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.
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