HELLA GmbH & Co KGaA (OTCPK:HLKHF)
$ 94.85 0 (0%) Market Cap: 10.13 Bil Enterprise Value: 10.19 Bil PE Ratio: 29.02 PB Ratio: 3.10 GF Score: 77/100
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Q3 2024 Hella GmbH & Co KgaA Earnings Call Transcript

Nov 06, 2024 / 08:00AM GMT
Release Date Price: $94.85
Bernard Schaferbarthold
Hella GmbH & Co KgaA - Chairman of the Management Board, Chief Executive Officer, Chief Financial Officer

A very warm welcome and good morning from my side. I am here with Philip, our CFO and very warm welcome joining that call on our nine-month result.

First of all, I would like to highlight three things. One is in terms of our new outlook, we confirm our outlook to the end of the year.

Secondly, we will present on the nine month result as expected the third quarter and also we expect a continuous volatile environment in the fourth quarter was a challenging one.

And despite that, we maneuverer with a quite solid profitability. And the third is that I will highlight that in our view, we are well on track in terms of the implementation of our strategy and the structural changes, we already have commented to increase our competitiveness, but let's start into the results.

So overall sales grew at 0.8%. So, we are at EUR 6 billion after the nine months. This is an outperformance of 240 basis points. The group reported sales are at EUR 5.9

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