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MarketScreener Homepage  >  Equities  >  Xetra  >  SAF-HOLLAND    SFQ   LU0307018795

SAF-HOLLAND

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SAF-HOLLAND S.A.: SAF-HOLLAND affirms sustainable and responsible corporate governance by joining the UN Global Compact

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02/12/2019 | 09:00am EDT

DGAP-News: SAF-HOLLAND S.A. / Key word(s): Miscellaneous
SAF-HOLLAND S.A.: SAF-HOLLAND affirms sustainable and responsible corporate governance by joining the UN Global Compact

12.02.2019 / 14:58
The issuer is solely responsible for the content of this announcement.


SAF-HOLLAND affirms sustainable and responsible corporate governance by joining the UN Global Compact
 

Luxembourg, February 12, 2019 - The listed supplier for the trailer, truck and bus industries, SAF-HOLLAND S.A. ("SAF-HOLLAND") has joined the United Nations Global Compact, the world's largest initiative for responsible corporate governance. The signatories are guided by ten universal principles related to human rights, labor standards, environmental protection and corruption prevention. Today, roughly 13,000 companies and organizations worldwide are participating in this initiative.
 

SAF-HOLLAND's commitment to sustainability is based on the award-winning "Think Ahead" sustainability initiative. This initiative, launched in 2015, has become an integral part of the Group-wide sustainability concept at the SAF-HOLLAND Group and is comprised of the three pillars of people, energy and the environment. The various projects focus on increasing the sustainability of products and production processes and strengthening the Group's social commitment. In 2018, SAF-HOLLAND published its first sustainability report, which follows the guidelines of the Global Reporting Initiative.
 

"We have established an all-encompassing sustainability reporting system to ensure that the success of our sustainability concept and its contribution to corporate performance is made transparent. The Group companies acquired this and last year are also included in our key performance indicator system," explains SAF-HOLLAND's CFO, Dr. Matthias Heiden.
 

By joining the UN Global Compact initiative, SAF-HOLLAND, within the scope of its membership in the German Global Compact Network, has an opportunity to exchange views with other companies and gain valuable input for the continued development of its own sustainability strategy. SAF-HOLLAND will publish an annual progress report to give a comprehensive update on the implementation of this strategy.
 

"At SAF-HOLLAND, sustainability is an attitude. As a corporate citizen, we believe it's our duty to assume social responsibility and practice this in our day-to-day activities," explains SAF-HOLLAND's CEO Detlef Borghardt, adding: "The SAF-HOLLAND sustainability concept includes environmental and consumption-related goals in addition to our social commitment and corporate governance that is both sustainable and responsible."
 

The SAF-HOLLAND 2018 Sustainability Report will be published on April 30, 2019.

 

About SAF-HOLLAND
SAF-HOLLAND S.A., located in Luxembourg, is the largest independent listed supplier to the commercial vehicle market in Europe delivering mainly to the trailer markets. With sales of approximately EUR 1,139 million in 2017, the Company is one of the world's leading manufacturers and suppliers of chassis-related systems and components primarily for trailers, trucks, buses, and recreational vehicles. The product range comprises axle and suspension systems, fifth wheels, kingpins, and landing gear marketed under the brands SAF, Holland, Neway, KLL, V.Orlandi and York. SAF-HOLLAND sells its products to Original Equipment Manufacturers (OEM) on six continents. The Group's Aftermarket business supplies spare parts to the service networks of Original Equipment Suppliers (OES), as well as to end customers and service centers through its extensive global distribution network. SAF-HOLLAND is one of the few suppliers in the truck and trailer industry that is internationally positioned in almost all markets worldwide. With the innovation campaign SMART STEEL - ENGINEER BUILD CONNECT, SAF-HOLLAND combines mechanics with sensors and electronics and drives the digital networking of commercial vehicles and logistics chains. More than 4,400 committed employees worldwide are already today working on the future of the transportation industry.

 




Contact:
SAF-HOLLAND GmbH
Alexander Pöschl
Hauptstraße 26
63856 Bessenbach

Phone +49 6095 301-617
Alexander.Poeschl@safholland.de


12.02.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: SAF-HOLLAND S.A.
68-70, boulevard de la Pétrusse
L-2320 Luxembourg
Luxemburg
Phone: +49 6095 301 - 0
Fax: +49 6095 301 - 260
E-mail: info@safholland.de
Internet: www.safholland.com
ISIN: LU0307018795, ,
WKN: A0MU70
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

775043  12.02.2019 

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© EQS 2019
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Financials (€)
Sales 2019 1 362 M
EBIT 2019 89,9 M
Net income 2019 54,1 M
Debt 2019 225 M
Yield 2019 4,50%
P/E ratio 2019 9,86
P/E ratio 2020 9,15
EV / Sales 2019 0,55x
EV / Sales 2020 0,55x
Capitalization 522 M
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Mean consensus HOLD
Number of Analysts 13
Average target price 11,6 €
Spread / Average Target 1,2%
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Managers
NameTitle
Detlef Borghardt Chief Executive Officer & Executive Director
Martina Merz Chairman
André Philipp Chief Operating Officer
Matthias Heiden Chief Financial Officer
Anja Kleyboldt Independent Non-Executive Director
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