HELLA KGaAHueck& Co, one of the world’s leading automotive suppliers, successfully continued its globalisation strategy in the fiscal year 2014-15 ending on May 31, 2015. HELLA generated group sales of Ã¢â€šÂ¬5.8 billion (Ã¢â€šÂ¬5.3 billion in the previous year). This corresponds to a 9.2 per cent increase – 2.3 per cent of which is based on currency effects. Adjusted operating earnings (EBIT) grew to Ã¢â€šÂ¬445 million (Ã¢â€šÂ¬399 million in the previous year). Accordingly, HELLA improved its adjusted EBIT margin by 0.1 per cent to 7.6 per cent.
“The past fiscal year was very successful for HELLA,” said Dr Rolf Breidenbach, CEO, HELLA. “We achieved our targets: HELLA continued its growth significantly above market level and we also increased profitability.”
The automotive business again benefited from strong automotive demand in financial year 2014-15. External sales grew by 11 per cent to Ã¢â€šÂ¬4.4 billion (Ã¢â€šÂ¬3.9 billion in the previous year) and profits in this business rose to about Ã¢â€šÂ¬354 million (Ã¢â€šÂ¬291 million in the previous year).
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