Falling car production in both Germany and China have taken their toll on Hella’s Q1 revenue which fell by 12% to €1.57bn. The company’s profit numbers were also down, but both EBITDA and EBIT numbers were higher than we had anticipated.
26 Sep 2019
Q1 earnings about in line with our expectations
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Q1 earnings about in line with our expectations
HELLA GmbH & Co. KGaA (HLE:WBO) | 0 0 (-0.2%) | Mkt Cap: 6,128m
- Published:
26 Sep 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
Falling car production in both Germany and China have taken their toll on Hella’s Q1 revenue which fell by 12% to €1.57bn. The company’s profit numbers were also down, but both EBITDA and EBIT numbers were higher than we had anticipated.