Equipment specialist, SAF-Holland SE, has reported solid profitability for 2025 despite weaker global original equipment markets affecting trailer and truck demand.
The supplier of trailer and truck components recorded preliminary group sales of approximately €1.73 billion in fiscal 2025, down about 8 per cent year-on-year, as reduced demand in original equipment markets across the Americas and APAC weighed on performance. Organic sales declined roughly seven per cent, with currency movements further dampening revenue.
The company’s aftermarket division remained comparatively resilient and grew to around 40 per cent of total sales, helping offset softer OEM demand. Trailer OEM sales totalled roughly €834 million, while truck OEM sales reached about €211 million, together accounting for around 60 per cent of group revenue.
Adjusted EBIT came in at approximately €164 million, translating to a 9.5 per cent margin. While restructuring costs and currency headwinds impacted earnings, SAF-Holland said disciplined cost management, a stronger aftermarket mix and continued integration benefits from Haldex supported profitability.
SAF-Holland SE CEO, Alexander Geis, said the company’s performance demonstrated the resilience of its business model in a weak market environment, highlighting the importance of cost control and the growing contribution of the aftermarket segment.
Regionally, EMEA remained the largest market, generating about €884 million in revenue and just over half of group sales, with profitability supported by aftermarket growth. In the Americas, revenue fell sharply amid subdued truck and trailer investment linked partly to US tariff policy, though the region still delivered a double-digit EBIT margin of 10.8 per cent.
APAC sales dropped about 18 per cent due to weaker demand in India and Southeast Asia, particularly in trailer components and mining-related business, yet the region maintained a double-digit margin for the fourth consecutive year.
Investment spending was scaled to market conditions, with capital expenditure of roughly €52 million focused on efficiency improvements, US product integration and preparation for a new facility in Texas.
SAF-Holland SE Chief Financial Officer, Frank Lorenz-Dietz, said the company prioritised earnings quality and financial stability during the year, noting that maintaining a near-10 per cent margin underlined the group’s operational discipline.
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