HELLA GmbH & Co KGaA (WBO:HLE)
€ 86.5 -0.4 (-0.46%) Market Cap: 9.59 Bil Enterprise Value: 9.65 Bil PE Ratio: 29.09 PB Ratio: 3.11 GF Score: 77/100

Preliminary Q4 2023 HELLA GmbH & Co KGaA Earnings Call Transcript

Feb 16, 2024 / 07:15AM GMT
Release Date Price: €81 (-0.25%)
Operator

Good morning, ladies and gentlemen, and welcome to the investor call of HELLA for the preliminary results of the fiscal year 2023. (Operator Instructions)

Let me now turn the floor over to your host, Bernard Schäferbarthold, CEO of HELLA.

Bernard SchÃ;ferbarthold
HELLA GmbH & Co KgaA - Chairman of the Management Board, CEO, and CFO

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Yes. Thank you very much. A very warm welcome from my side to our call in regard to our preliminary results. I sit here together with Kerstin Dodel, Head of Investor Relations.

Looking at our preliminary results, overall, I can state that we have met all targets for 2023 we wanted to reach. So first time, we are at EUR1.1 billion of sales. Decent growth, despite the fact that certainly H2 was not at the level we originally expected. I will come to that a little later. Operating income margin was at 6.1% Q4 at a similar level, quite a good improvement in comparison to 2022, an improvement of 2 percentage points.

We are very pleased to say that we were able to generate a significant

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