DGAP-Adhoc: HELLA GmbH & Co. KGaA lowers sales and earnings forecast for the current fiscal year due to significantly reduced market expectations for global vehicle production

2021. szeptember 23., csütörtök, 11:06





DGAP-Ad-hoc: HELLA GmbH & Co. KGaA / Key word(s): Change in Forecast


HELLA GmbH & Co. KGaA lowers sales and earnings forecast for the current fiscal year due to significantly reduced market expectations for global vehicle production


23-Sep-2021 / 11:06 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.




HELLA GmbH & Co. KGaA lowers sales and earnings forecast for the current fiscal year due to significantly reduced market expectations for global vehicle production



- Significant decline in global vehicle production forecast as a result of further worsening market bottlenecks



- HELLA lowers forecast for sales and profit margin



Lippstadt, 23 September 2021. HELLA GmbH & Co. KGaA has lowered its sales and earnings forecast for the current fiscal year against the backdrop of significantly reduced market expectations as a result of further worsening supply bottlenecks, particularly for electronic components. For the current fiscal year 2021/2022, the company now expects sales adjusted for currency and portfolio effects in the range of around 6.0 to 6.5 billion euros (previously: around 6.6 to 6.9 billion euros) and an EBIT margin adjusted for structural measures and portfolio effects of around 5 to 7 percent (previously: around 8 percent).



The adjustment of the company"s outlook is made against the backdrop of the latest market forecasts by renowned industry service providers and market analysts, according to which global vehicle production will decline by more than eight percent in the current fiscal year 2021/2022 (1 June 2021 to 31 May 2022). In July 2021, growth of almost four percent was still expected.











23-Sep-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de





























Language: English
Company: HELLA GmbH & Co. KGaA

Rixbecker Str. 75

59552 Lippstadt

Germany
Phone: +49 (0)2941 38-7125
Fax: +49 (0)2941 38-6647
E-mail: Investor.Relations@hella.com
Internet: www.hella.de/ir
ISIN: DE000A13SX22
WKN: A13SX2
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich, Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Tradegate Exchange; Luxembourg Stock Exchange
EQS News ID: 1235524





 
End of Announcement DGAP News Service




1235524  23-Sep-2021 CET/CEST







fncls.ssp?fn=show_t_gif&application_id=1235524&application_name=news&site_id=geo_holding_tug
Tilos a hír bármilyen adatbázisba történő mentése vagy annak továbbítása harmadik fél számára;kereskedelmi viszonylatban vagy kereskedelmi céllal csak a Deutsche Gesellschaft für Ad-hoc-Publizität mbh írásos engedélyével történhet.

Közzétételek - archívum