Report

Hella GmbH & Co. KGaA : A strong set of Q1 2018-19 figures

>As expected: Q1 2018-19 results beat consensus, guidance confirmed - As we expected Hella released above-consensus Q1 2018-19 figures: Group sales increased +10% yoy in both organic and nominal terms to €1,787m, 1% ahead of our estimate (€1,769m, +9% yoy) and even 3% above consensus (€1,743m). The strong organic sales growth of +10% yoy implies an outperformance of global light vehicle production during this period of c.900bp. Adj. group EBIT rose to €140m, a clear 5...
Underlying
HELLA GmbH & Co. KGaA

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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