SAF-HOLLAND SE Reports Record EBIT Margin Despite Sales Decline

SAF-HOLLAND SE, a key player in trailer and truck components, disclosed its 2024 financials. Group sales dropped by 10.9% to EUR 1,876.7 million, but the adjusted EBIT margin hit a record 10.1%. This was achieved despite significant sales declines, especially in the OEM segment in EMEA and Americas.

The aftermarket business showed resilience, with sales increasing to EUR 711.9 million. This helped counterbalance the 21% decrease in Original Equipment Trailer sales and a 13.9% decline in Original Equipment Trucks. Operating free cash flow reached a peak of EUR 146.5 million.

The company maintains a stable dividend of EUR 0.85 per share. Although the result for the period was slightly lower, the financial outlook for 2025 anticipates consolidated sales between EUR 1,850 million and EUR 2,000 million with an EBIT margin of 9% to 10%.