- Annual Report of 2013/2014 published
- Sales in the first quarter of 2014/2015 increased by around 4.5 percent
- EBIT rose by 53 percent in first quarter to reach 91 million Euros
The shareholders’ meeting of HELLA KGaA Hueck & Co. has adopted the annual financial statements for the 2013/2014 fiscal year (which closed on May 31, 2014) and at the same time confirmed the company’s international growth strategy. The Group’s officially audited sales amount to 5.3 billion Euros (previous year: 4.8 billion Euros), with an operating result (EBIT) reaching 341 million Euros (previous year: 291 million Euros). In the first quarter of the current fiscal year 2014/2015, HELLA, as one of the world’s leading automotive suppliers for lighting and electronics, has successfully continued its course of expansion. Sales rose by 4.5 percent to about 1.32 billion Euros, after having attained 1.26 billion Euros in the same quarter of the previous year. During the same period, HELLA increased the operating result (EBIT) by more than 50 percent to 91 million Euros (previous year 59 million Euros). This corresponds to an EBIT margin of 6.9 percent.
Persistenly high demand and new product launches in the global Automotive business, particularly in the growth markets in America and China, were the main drivers behind the positive development in the current fiscal year. “We have systematically strengthened our leading position in attractive market segments. Combined with our technological excellence and our innovational leadership, we are in an optimal position to react in just the right way to the global megatrends,” says Dr. Rolf Breidenbach, President and CEO. “In particular the high demand for innovative LED and electronics products is supporting us along our growth strategy.”
To find out more details about the corporate strategy and the activities in the individual business segments, please refer to the new HELLA Annual Report of 2013/2014. This is now available as a download.
Selected financial figures from the 2013/2014 Annual Report
(Figures stated in millions of Euros)
| 2013/2014 | 2012/2013* | Change in percent | |
|---|---|---|---|
| Sales | 5,343 | 4,835 | + 11 % |
| EBITDA | 650 | 551 | + 18 % |
| EBIT | 341 | 291 | + 17 % |
| Expenditure for Research & Development |
514 | 444 | + 16 % |
* Please keep in mind that changes to the basis for calculations have resulted based on IFRS 11 (Accounting for Acquisitions of Interests in Joint Operations) and IAS 19R. All figures for the previous year have been adapted to this new basis to facilitate comparisons.
Selected financial figures for the first quarter of the 2014/2015 fiscal year
(Figures stated in millions of Euros)
| 1st quarter 2014/2015 | 1st quarter 2013/2014 | Change in percent | |
|---|---|---|---|
| Sales | 1,318 | 1,261 | + 4,5 % |
| EBITDA | 171 | 136 | + 26 % |
| EBIT | 91 | 59 | + 53 % |
| Expenditure for Research & Development |
117 | 115 | + 1,5 % |
