Lighting technology specialist Hella has announced its first sales and earnings data since going public and entering Germany’s small caps index last year, with positive preliminary figures.
According to Hella, group sales grew by nine per cent to circa €5.83 billion, with adjusted operating earnings (EBIT) also up year-on-year to €445 million, which is an 11.5 per cent increase.
The numbers have been adjusted for restructuring expenses of about €15 million and the adjusted EBIT margin reached 7.6 per cent.
“We are very satisfied with the past financial year,” said CEO, Dr Rolf Breidenbach.
“Our business benefited particularly from the strong demand for high quality lighting and electronics products. We have every confidence that we can build on this foundation in the new financial year.”
The full financial figures for financial year 14/15 ending 31 May will be published during a press conference on 14 August.