EQS-News: SAF-HOLLAND sets new medium-term targets with the 'drive2030' corporate strategy – Group sales expected to increase by more than 50% to over EUR 3,000 million

SAF-HOLLAND sets new medium-term targets with the "drive2030" corporate strategy –  Group sales expected to increase by more than 50% to over EUR 3,000 million

 

• SAF-HOLLAND aims for an adjusted EBIT margin of 10-12% in 2030
• Group sales to grow by more than 50% in the period from 2024 to 2030
• Strong cash generation contributes to further debt reduction and financing of potential acquisitions

 

 

Bessenbach, March 27, 2025. SAF-HOLLAND SE ("SAF-HOLLAND"), one of the world's leading suppliers of trailer and truck components, presented its new "drive2030" corporate strategy at today's Capital Markets Day.

 

The "drive2030" strategy is based on the five strategic pillars of "Customer focus", "Regional strength", "Technology as a core enabler", "Leverage portfolio and drive growth" and "Operational excellence". This is underpinned by the two cross-cutting themes of "People focus" and "Sustainability".

 

Alexander Geis, Chairman of the Management Board and Chief Executive Officer of SAF-HOLLAND SE, says: "We have already achieved the goals of the current "Strategy 2025" at an early stage. The acquisition of Haldex in 2022 was a real milestone in the Company's history and we will successfully continue the profitable growth path of the last five years. We will benefit from a robust and sustainable business model with a very aftermarket business, a broadly diversified product portfolio and an international presence and customer base. In recent months, we have further developed the strategy and business model in order to position the Company even more strongly as a system supplier in the future and to be able to optimally exploit the growth opportunities arising from the megatrends of urbanization, sustainability, digitalization and automation.

 

In the coming years, SAF-HOLLAND intends to grow more strongly through specific strategic initiatives in addition to conventional growth in the commercial vehicle market. The broad portfolio will be used to serve customers with additional SAF-HOLLAND products. The positioning as a system supplier will be further advanced and the aftermarket business will be strengthened through digital solutions and an expansion of the service network, among other things. Another focus will be on adapting products to new areas of application. SAF-HOLLAND has already taken a first step in this direction and has been supplying a truck manufacturer with Haldex disc brakes for the first time since the fourth quarter of 2024. However, the Company also sees growth potential outside of the traditional trailer and truck business. In the future, a significant portion of sales will be generated with customers from related industries, such as agricultural, mining and construction machinery as well as industrial trucks.

 

Overall, the Company is aiming to increase Group sales organically to more than EUR 2,500 million by 2030 (2024: EUR 1,877 million). This corresponds to a compound annual growth rate (CAGR) of at least around 5%.

 

SAF-HOLLAND expects an additional sales contribution of at least EUR 500 million from acquisitions, so that Group sales should total more than EUR 3,000 million in 2030. This corresponds to a compound annual growth rate (CAGR) of at least around 8% .

 

In addition to the strategic growth initiatives in the three regions, SAF-HOLLAND will pay particular attention to increasing efficiency along the entire value chain – from the purchase of materials and services to delivery to the customer. The topic of "sustainability" is integrated at every stage of the value chain in order to further gradually reduce greenhouse gas emissions (Scope 1 and 2) in the coming years.

 

If the planned measures to increase efficiency are successfully implemented, combined with a robust aftermarket business, the Company anticipates an adjusted EBIT margin in the range of 10% to 12% by 2030. This target corridor applies to target sales with and without acquisitions. "In the course of profitable growth, we will gradually increase operating free cash flow," says Frank Lorenz-Dietz, Member of the Management Board and Chief Financial Officer of SAF-HOLLAND SE. "This will enable us to further reduce financial debt and make further acquisitions in order to position SAF-HOLLAND even more strongly."

 

The presentation document is available on the Company's website: https://corporate.safholland.com/en/investor-relations/publications. The recording of the event will be published shortly.

 

 

Contact:

Dana Unger      

VP Investor Relations, Corporate & ESG Communications

Tel: +49 6095 301 949

dana.unger@safholland.de

 

Alexander Pöschl

Senior Manager Investor Relations, Corporate & ESG Communications

Tel: +49 6095 301 117

alexander.poeschl@safholland.de

 

Michael Schickling

Senior Manager Investor Relations, Corporate & ESG Communications

Tel: +49 6095 301 617

michael.schickling@safholland.de

 

 

About SAF-HOLLAND

SAF-HOLLAND SE is a leading international manufacturer of chassis-related assemblies and components for trailers, trucks and buses. An average of around 5,700 dedicated employees worldwide generated sales of EUR 1,877 million in 2024.

 

The product range includes axle and suspension systems for trailers as well as fifth wheels and coupling systems for trucks, trailers, and semi-trailers as well as brake and EBS systems. In addition, SAF-HOLLAND also develops innovative products to increase the efficiency, safety, and environmental friendliness of commercial vehicles. With the brands SAF, Holland, Haldex, Assali Stefen, KLL, Neway, Tecma, V.Orlandi and York, the Group achieved strong market positions in the top three positions in the most important regions worldwide in 2024.

SAF-HOLLAND supplies manufacturers in the original equipment market on six continents. In the aftermarket business, the Company supplies spare parts to manufacturers’ service networks and wholesalers as well as to end customers and service centers via an extensive global distribution network.

SAF-HOLLAND SE is listed in the Prime Standard of the Frankfurt Stock Exchange and is included in the SDAX (ISIN: DE000SAFH001). Further information is available at www.safholland.com.