HELLA in China
FORVIA HELLA receives "Star Integrity" award from Beijing Benz Automotive
- The award is based on the exceptional performance of its Shanghai electronics plant in business and technical compliance & integrity
Nine-month financial results 2024: FORVIA HELLA with stable sales and solid profitability in a challenging market environment
- Currency-adjusted sales increase by 0.8 percent to €6.0 billion; reported sales at the previous year's level of €5.9 billion
- Operating income at €344 million; operating income margin of 5.8 percent
- Net cash flow in relation to sales at -0.1 percent; significant improvements expected in the fourth quarter
- Growth of the Business Group Lighting drives Group-wide sales development; Electronics and Lifecycle Solutions record decline in sales
- Company outlook adjusted on 26 September 2024 is confirmed
For the new LYNK & CO Z20: FORVIA HELLA introduces its first aerodynamic rear wing lighting
- Rear wing lighting not only creates a highly three-dimensional and differentiated design, but also significantly improves the aerodynamic performance of the vehicle
- It is the first time for FORVIA HELLA to integrate a rear combination lamp and vehicle wings in one comprehensive solution
FORVIA HELLA receives Gasgoo Award for its Coolant Control Hub max
- New technology: innovative individual cooling of the vehicle interior and battery in a joint water-glycol circuit
- Environmentally friendly alternative: Switch to propane or CO2 to completely avoid PFAS chemicals
- System approach: reduced complexity by halving the number of cooling and refrigerant valves required, additional electric heaters eliminated
- Savings: 20 percent less weight in the overall system reduces CO2 emissions and increases ranges
Joint venture of FORVIA HELLA and BHAP: Beijing HELLA BHAP Lighting Celebrates its 10th Anniversary
- Since its establishment in 2014, Beijing HELLA BHAP Lighting has been committed to providing high-quality automotive lighting systems in China
- Over the past decade, the joint venture has achieved remarkable success in technological innovation, manufacturing capabilities, and market expansion
Sales at previous year's level: FORVIA HELLA announces key figures for the first nine months of 2024
- Currency-adjusted sales increase slightly by 0.8 percent to €6.0 billion; reported sales at €5.9 billion and therewith at previous year's level
- Sales development driven by business group Lighting; business groups Electronics and Lifecycle Solutions with declining sales
FORVIA HELLA introduces its first ECU platform for headlamps in China
- Compatibility with various vehicle electronic architectures and different car models through software upgrades enables intelligent functionality and enhancing energy efficiency
- Platform ECU was fully developed and manufactured in China, cutting development times by half and significantly reducing both costs and complexity
- The product has already received a major order from a Chinese car maker and is ready for mass production, with SOP expected to commence soon
New High Voltage PowerBox from FORVIA HELLA: Reduced costs and faster charging processes
- Combination of high voltage converter and onboard charger in one product; integration of battery management system and intelligent Power Distribution Module also possible
- Particularly high power density and high efficiency: more power with a compact product design reduces weight, increases efficiency and accelerates charging processes for electric vehicles
FORVIA HELLA launches first RGB LED rear combination lamp with full-color light animations in series production in China
- Rear lamp is used in the new all-electric luxury C-class sedan Z10 of LYNK & CO from the car manufacturer Geely Auto Group
- RGB LEDs generate 256 different color variants and thus create completely new individualized lighting functions
- Rear combination lamp addresses increasing demand for new opportunities for brand differentiation and personalization
FORVIA HELLA achieved its world's first mass production of 48V battery management system in China
- 48V battery management system can bring significant energy efficiency optimization, thereby improving vehicle performance and safety
- The product is mainly used in hybrid electric vehicles
FORVIA HELLA celebrates the 20th anniversary of its Corporate Center in Asia
- Originally started as a Representative Office, the Corporate Center Asia today has more than 200 employees and is home to all key regional management functions
- Over the last two decades, FORVIA HELLA's Corporate Centre in Asia has been instrumental in the continuous business expansion, particularly in China
FORVIA HELLA publishes half-year results 2024: Slight improvement in sales and earnings in a challenging market environment
- Currency-adjusted sales increase by 1.6 percent to €4.06 billion; reported growth of 0.9 percent
- Operating income amounts to €248 million, operating income margin increases slightly to 6.2 percent
- Net cash flow in relation to sales largely at the previous year's level at 2.1 percent
- Lighting increases sales due to full consolidation of a joint venture; electronics sales decline due to customer mix and temporary slowdown in electrification in Europe; declining market volumes of key customer groups impact sales of Lifecycle Solutions
- Further details for competitiveness program for Europe: Around two thirds of the targeted gross savings to be implemented via performance levers
- Company outlook confirmed and specified within the expected ranges
Individualisation at the next level: FORVIA HELLA and Audi break new ground with digital headlamp concept for Q6 e-tron
- Digital daytime running light matrix gives end users the option of selecting their preferred digital light signature from up to eight preset designs
- The appearance of the Matrix LED headlamps can therefore be personalised to a high degree
Coolant Control Hub max: Customized and simplified thermal management for electric vehicles
- New technology: innovative individual cooling of the vehicle interior and battery in a joint water-glycol circuit
- Environmentally friendly alternative: Switch to propane or CO2 to completely avoid PFAS chemicals
- System approach: reduced complexity by halving the number of cooling and refrigerant valves required, additional electric heaters eliminated
- Savings: 20 percent less weight in the overall system reduces CO2 emissions and increases ranges
ALE 2024: FORVIA HELLA Showcases World-Leading Lighting Technologies and Commitment to the Chinese Market
- The exhibits feature cutting-edge lighting technologies and innovative solutions tailored for the Chinese market
- Visit the FORVIA HELLA booth at the Kunshan Huaqiao International Expo Center in Jiangsu Province, booth number B-T210
125 years of FORVIA HELLA: from a lamp manufacturer in Lippstadt to a global technology leader
- 11 June 1899: Foundation of the "Westfälische Metall-Industrie Aktien-Gesellschaft" and start of the company's rise to an industrial enterprise
- Technological strength as a common thread: from the "System Hella" acetylene lamp as the first pioneering innovation to the digital headlamp SSL | HD
- The electronics business: Launched with the first fully electronic indicator unit in 1965, today a leader in many products for autonomous driving and electromobility
- Since 2022: company of the FORVIA Group, the seventh largest supplier of automotive technology worldwide
GSA 2024: FORVIA presents its vision of sustainability and speeds up for scope 3
- On June 5-8, 2024, FORVIA, the world’s seventh-largest automotive technology supplier, will present at the Green and Smart Auto Shanghai 2024 (GSA 2024).
- With the theme of “Leading the Future of Travel with Zero Carbon”, FORVIA creates a “FORVIA Sustainable and Innovative Space”, to present the future of zero-carbon mobility empowered by technology while cultivating harmony between humans and nature.
- FORVIA, combining the innovation skills of Faurecia and HELLA, showcases its sustainable and innovative portfolio, featuring 1 demonstrator premiered in China: Circularity Seat, to boost new quality productive forces in China and to address now and tomorrow’s mobility requirements as well as the global issue of climate change.
- Visit FORVIA at Booth N211, Shanghai New International Expo Center.
FORVIA HELLA won ZhILU award for its fifth generation of 77GHz radar
- The award acknowledges the outstanding technological innovation and functional advantages of FORVIA HELLA’s fifth generation of 77GHz radar
- The radar is in mass production in China
- The fifth generation of 77GHz radar achieves 360° all-round environmental detection and meets architecture requirements from L1 to L5
First quarter of 2024: FORVIA HELLA increases sales and maintains profitability at prior-year level; Company outlook confirmed
- Currency-adjusted sales increase by 2.2 percent to €2.0 billion; reported growth of 0.6 percent
- Operating income of €111 million, operating income margin at 5.6 percent
- Sales growth driven by business group Lighting; Electronics and Lifecycle Solutions with slightly lower sales
- Net cash flow in relation to reported sales is -2.6 percent after -1.9 percent in the previous year
Book Donation: FORVIA HELLA extends the charity Program to Yongan, Changchun
- It aims to provide schools with quality teaching resources, to enhance children's educational experiences and to promote the cultivation of children’s reading habits
- Over 1,300 children's books and comprehensive educational resources are donated, and 12 book corners are established for the 2 schools
MAHLE and FORVIA HELLA successfully complete the sale of their shares in joint venture BHTC
- MAHLE and FORVIA HELLA successfully transfer their respective 50 percent stakes to AUO Corporation
- Sale of shares is the result of constructive discussions between the two companies against the background of a change of control clause in the joint venture agreement
FORVIA HELLA honoured with John Deere Award for sustainability
- Heat recovery system installed at the location in Großpetersdorf, Austria
- System saves around 175,000 kilowatt hours of natural gas annually at the site
- FORVIA HELLA aims to achieve CO2-neutral production worldwide by 2025 at the latest
Fiscal year 2023: FORVIA HELLA increases sales and improves profitability
- Currency-adjusted sales increase by 12.7 percent to €8.1 billion; operating income margin improves by two percentage points to 6.1 percent; net cash flow in relation to sales at 2.6 percent
- Company outlook for 2023 reached: adjusted sales, operating income margin and net cash flow in relation to sales within target corridors
- Lighting with high sales growth and significantly improved profitability; Electronics with good demand for solutions for automated driving and electrification; solid spare parts, workshop and commercial vehicle business
- Continuation of the established dividend policy: Dividend of €0.71 per share proposed
- Outlook for 2024: slight improvements in sales, earnings and net cash flow expected in a persistently volatile market environment
FORVIA HELLA establish a new electronics company in China
- New location aims to address the growing demand for electronics components in China with significantly enhanced speed and agility
- Initially focusing on energy management products, the new company aims to progressively incorporate all existing product lines within FORVIA HELLA
FORVIA HELLA receives further series orders for digital Smart Car Access system
- Smart Car Access system enables hands-free vehicle access with a smartphone; avoidance of relay attacks thanks to ultra-wideband technology
- NCAP-relevant safety function "Child Presence Detection" is being launched on the market for the first time on a UWB basis
- System recognises children's slightest movements and breathing and informs left-behind children via smartphone
- New functions can be provided by means of software updates; higher cost efficiency and CO2 reduction by utilising already installed hardware
FORVIA HELLA: Preliminary figures for 2023 and outlook for 2024 published, competitiveness program for Europe announced
- Currency and portfolio-adjusted sales of € 8.1 billion in fiscal year 2023; operating income margin improves to 6.1 percent; net cash flow to sales ratio of 2.6 percent
- All Business Groups with higher sales and improved profitability
- Order intake of around € 11 billion, including for Smart Lights, 77 GHz radar sensors, battery electronics and Smart Car Access systems
- Cost synergies from cooperation within the FORVIA Group of € 190 million, more than half is attributable to FORVIA HELLA
- Company outlook for 2024 forecasts slight improvements in a challenging market environment; program to sustainably strengthen competitiveness in Europe
FORVIA HELLA presents pioneering “Sustainable Headlamp” concept
- Headlamp concept combines sustainability, functionality and performance in a cost-neutral way
- Headlamp reduces CO2 emissions by up to 70 percent over the entire product life cycle and cuts its weight by more than half
Philippe Vienney appointed new Chief Financial Officer of FORVIA HELLA
- Philippe Vienney takes over CFO role as of 1 March 2024 and, in this function, becomes a member of the Management Board
- Vienney has many years of management experience in Finance & Controlling, including as CFO of the FORVIA Business Group Clean Mobility
Dr. Marcel Wiedmann takes over management of the global spare parts and workshop business at HELLA
- Marcel Wiedmann took on new role on 1 January 2024
- Wiedmann has been with HELLA since September 2017, most recently as Head of the HELLA Corporate Centre Asia
HELLA Introduces “飞檐虎视 (Fei Yan Hu Shi)” Headlamps for new Geely Galaxy E8
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Inspiring tomorrow: FORVIA establishes Green IT Classroom in Baguazhou, Nanjing
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Consumer Electronics Show: Four FORVIA technologies win CES 2024 Innovation Awards
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HELLA celebrates the 10th anniversary of the opening of its lighting plant in Jiaxing
- The plant is HELLA's largest lighting plant in the Asia-Pacific region
Nine-month figures 2023: HELLA grows stronger than the market
- Reported sales increase by 13 percent; currency-adjusted sales grow by 17 percent to € 6.2 billion
- Operating income rises to € 363 million; operating income margin improves to 6.1 percent
- Net cash flow to sales ratio increases to 0.7 percent
- Lighting, Electronics and Lifecycle Solutions with strong sales growth
- Company outlook confirmed
HELLA receives Gasgoo Award for its Large Multi-functional Front Phygital Shields
- HELLA's large multi-functional Front Phygital Shields not only offer new design freedom to showcase the vehicle front as a styling element and strengthen brand differentiation, but also represents a key technology in autonomous driving
Bernard Schäferbarthold will become new HELLA CEO
- CFO Bernard Schäferbarthold to take over as CEO from 1 January 2024, succeeding Michel Favre
- Dr.-Ing. Wolfgang Ziebart: "Bernard Schäferbarthold has already demonstrated his high level of management expertise on several occasions. At the same time, I would like to thank Michel Favre for his excellent work."
2023 Shanghai Auto Lamp Exhibition: HELLA displays comprehensive and innovative lighting solutions for the needs of the Chinese market
- The innovative lighting solutions on display include high-resolution digital headlamp technology SSL|HD, Digital FlatLight, new generation dynamic lighting solutions and Front Phygital Shields
- With the exhibition of its comprehensive lighting solutions for the need of the Chinese market, HELLA demonstrates its technological strength and its commitment to the Chinese automotive market
New CHRO: HELLA appoints Stefanie Rheker as new member of the Management Board
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HELLA is recognized as one of the TOP 10 Suppliers of the Year for Digital Keys and Body Control Modules in China
- The awards recognize HELLA’s comprehensive strength and excellence in digital keys and body control modules
IAA Mobility 2023: FORVIA presents its Vision of Connected, Sustainable and Automated Mobility
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First half of 2023: HELLA accelerates sales growth and increases operating income by 76 percent
- Group sales rise by 17.3 percent to €4.0 billion, outperforming growth of global light vehicle production by 6 percentage points
- Operating income amounts to €245 million; operating income margin increases by two percentage points to 6.1 percent
- Net cash flow to sales ratio improves to 2.2 percent after negative prior-year figure
- Double-digit sales growth in all Business Groups; Lighting and Electronics develop significantly better than automotive production
- Company outlook for the fiscal year 2023 confirmed
Lighting technology at the highest level: HELLA and Porsche launch world's first SSL | HD matrix headlamp
- Digital headlamp system SSL | HD is used for the first time in the new Porsche Cayenne
- More than 32,000 LED pixels per headlamp realise new, intelligent lighting functionalities
- First high-resolution headlamp based on micro-LEDs is produced at the lighting plant in Lippstadt
HELLA won the 2022 Automotive Electronics Science and Technology Award for Its High-resolution Lighting Electronics Control System
- HELLA's high-resolution lighting electronics control system allows for the intelligent and independent control of up to 25,000 pixels.
- The award is a recognition of HELLA's strong strength in lighting electronics, which highlights HELLA's unique advantage to combine automotive lighting and electronics technologies to provide innovative solutions for its customers.
Steering technology of the future: HELLA supplies sensor technology for all-electric steer-by-wire systems
- HELLA is one of the first suppliers on the market to bring steering sensors for by-wire applications into series production
- Steering sensors detect the torque and angle of the steering wheel and transmit signals to the steering control system purely electrically
- First series production starts in 2025 for various well-known customers
HELLA wins numerous series orders in the field of electromobility
- First series project for battery management systems in the US market; market launch in cooperation with AMP
- Expansion of the product portfolio with electronic valve actuator; delivery to electric platform of a German car manufacturer
- Monitoring of battery status through intelligent battery sensors; development focus on redundant product design for automated driving
- Safe charging of electric vehicles with the aid of micro-actuators; series order from major Chinese car manufacturer
- Electronics Managing Director Jörg Weisgerber: "Orders underscore that we are excellently positioned in the growth field of electromobility"
HELLA Annual General Meeting 2023 resolves dividend payment of euro 2.88 per share
- In addition to the regular dividend, the dividend includes the payment of a special dividend after the exit from the HBPO joint venture
- Annual General Meeting also approves all other agenda items with a large majority
First quarter 2023: HELLA improves profitability by 10 percent
- Sales grow by 14.4 percent to €2.0 billion; global vehicle production increases by around 6 percent in the same period
- Operating income improves to €111 million; operating income margin at 5.6 percent and largely at prior-year level; considerable investments to realize high order volumes
- Net cash flow in relation to sales amounts to -1.9 percent due to high investments and the significantly improved sales development
- All Business Groups record double-digit sales growth
- Company outlook for the fiscal year 2023 confirmed
Mobility that matters to people: Forvia shows commitment to the chinese market at Auto Shanghai 2023
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Embrace the new era of the automobile industry and experience WarmTech
- FORVIA will debut at Auto Shanghai 2023
Auto Shanghai 2023: From electrification to Captain Chair: FORVIA displays deep understanding of chinese market
- FORVIA will showcase breakthrough technologies at Auto Shanghai from April 18-27, 2023, participating for the first time as the world’s 7th largest automotive technology supplier
- FORVIA will present its new solutions developed for the Chinese market along-side its global state-of-the-art portfolio, including its award-winning Solid-State Lighting High-Definition headlamp (SSL | HD).
- All these technologies illustrate FORVIA’s commitment to become carbon-neutral across all operations and products by 2045.
- Visit FORVIA at Hall 1.2, booth 1BF005, National Exhibition and Convention Cen-ter.
Plant greens and cultivate the next generation: FORVIA establishes its first Green IT Classroom in Zhangzhou, Fujian
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HELLA Corporate Center China upgraded to Asia headquarters
- HELLA Corporate Center Asia now drives business development in Asia as the new headquarters for the Asian region
- In addition, it acts as an interface to the global Company headquarters in Germany
Short fiscal year 2022: HELLA once again achieves record level with order intake of euro 1 billion per month
- Reported sales in the short fiscal year 2022 (1 June to 31 December 2022) amount to €4.4 billion; adjusted EBIT is €222 million; adjusted EBIT margin rises to 5.0 percent
- High production volumes in the lighting business in China; Electronics Business Group meets the strong demand for product solutions for electromobility and automated driving; Lifecycle Solutions successful in the spare parts and agricultural machinery business
- Order intake was around €7 billion, especially for key automotive future trends and in strategic growth fields
- Dividend payment totalling €2.88 per share proposed: continuation of established dividend policy and special dividend after HBPO share sale
- Outlook for the fiscal year 2023: adjusted sales to be in the range of around €8.0 to 8.5 billion and operating income margin to be in the range of around 5.5 to 7.0 percent; net cash flow in relation to sales at approximately 2 percent
HELLA receives three awards from prestigious local and international car manufacturers
- The awards were given by CHANGAN New Energy, Chery and Volvo for its excellent service in 2022
- HELLA is one of the suppliers that stood out from more than a thousand other companies in the awards
HELLA manufactures 500 millionth accelerator pedal sensor
- First series production started in 1996; today HELLA is global market leader with a share of over 40 percent
- Company-wide first customer project in fail-safe design underway; further growth expected due to new requirements for vehicle interiors
Preliminary figures and company outlook published: HELLA expects record sales and further improved profitability for 2023
- Solid performance in short fiscal year 2022 (1 June to 31 December 2022): sales at € 4.4 billion on a preliminary basis; adjusted EBIT margin at 5.0 percent
- Order intake of around € 7 billion within short fiscal year 2022
- Successful business development in all Business Groups due to high demand for core products
- Cost synergies from cooperation with Faurecia under the FORVIA umbrella expected to reach more than € 300 million at the end of 2025
- Fiscal year 2023: Currency and portfolio-adjusted sales expected to be in the range of around € 8.0 to 8.5 billion and operating income margin at around 5.5 to 7.0 percent; projected net cash flow at approximately 2 percent of sales
HELLA appoints Jörg Weisgerber and Stefan van Dalen, two executives from its own ranks, to the Management Board
- Jörg Weisgerber is taking over from Björn Twiehaus as head of HELLA's electronics business on April 1
- Stefan van Dalen is succeeding Dr. Lea Corzilius as new Managing Director Lifecycle Solutions also as of April 1
Climate-friendly and recyclable: NALYSES research project develops sustainable headlamp
- The research project looks at the entire product life cycle, from the purchase of materials to repair and recyclability.
- Approaches from the project are also to be transferred to other application and product areas.
- In addition to HELLA, other partners from industry and science are involved; the Federal Ministry of Education and Research is funding the project until 2025
HELLA significantly increases sales and earnings in the first half of the fiscal year 2022
- Group sales increased by 25.7% to €3.8 billion in the first six months of the short fiscal year 2022 (H1 FY 22); organic sales growth is 20.8%
- Adjusted EBIT improved to €202 million; adjusted EBIT margin increased to 5.3%
- All Business Groups recorded positive business development; Lighting and Electronics had double-digit sales growth
- The Company outlook for the period 1 June 2022 to 31 May 2023 is confirmed
FAURECIA and HELLA celebrate their 30th anniversaries in China jointly under the FORVIA umbrella
- Since the beginning of this year, Faurecia and HELLA have been working to-gether under the FORVIA umbrella
- Both partners celebrate their 30th anniversary in the Chinese automotive mar-ket, facing a successful future
- Under the joint FORVIA umbrella, Faurecia and HELLA intend to continue their localization strategy and bring forward tailor-made solutions for Chinese customers
Flat, efficient and scalable: HELLA brings FlatLight technology into series production as daytime running light for the first time
- Lighting concept is successfully transferred from the rear combination lamp to an application in the front area; series production starts in 2025
- FlatLight technology requires only five millimetres of installation space; implementation of daytime running light, direction indicator and position light in only one light element
- Customer project also includes headlamps with new CLA technology; miniaturisation of the light module enables striking, 10 millimetre narrow light signature
HELLA wins golden award for its brake-by-wire technology in China
- Fully electric control of the brake-by-wire pedal contributes to the development of major market trends such as autonomous driving and electrification
CES 2023: FORVIA pioneers technologies that matter to people
- FORVIA, the 7th global automotive supplier, will reveal several world premieres at CES 2023 from January 5-8 in Las Vegas, Nevada.
- This marks the first CES with FORVIA presenting its combined portfolio of Faurecia and HELLA technologies addressing megatrends in electrification, automated driving, and personalized cockpits.
- FORVIA will showcase a series of groundbreaking technology and interactive experiences, demonstrating the Group’s leadership in sustainable materials, energy and weight saving, upgradability, recyclability, and circular economy design.
- The world's first Solid State Lighting High-Definition headlamp (SSL | HD) is a CES 2023 Innovation Award recipient.
- Patrick Koller, CEO, to host press conference on January 4 at 09:00am Pacific Time at the Mandalay Bay Convention Center to present how FORVIA is rethinking mobility thanks to technologies that matter to people.
- Visit the FORVIA booth at Central Plaza 3.
HELLA plans to pay a special dividend following the sale of HBPO share
- Special dividend to be € 2.61 per share
- Established dividend policy to be continued regarding the regular dividend
HELLA successfully completes exit from joint venture HBPO
- 33.33 percent HBPO share successfully transferred to co-shareholder Plastic Omnium
- Purchase price at € 290 million, including a dividend of around € 8 million
SSL | HD: HELLA further expands leading market position in chip-based headlamp technologies
- World's first series production of an SSL | HD headlamp started at the Lippstadt site
- Total order intake for SSL | HD technology already at around € 1.5 billion after further high-volume project acquisitions
- High-resolution, safety-relevant lighting functions can be realised through individual switching of up to 25,000 LED pixels per chip
- Halving of development costs and capital expenditure on the customer side possible due to "world headlamp approach”
Centralization of thermal management continues: HELLA receives further series orders for Coolant Control Hub
- Further nominations by international and German automobile manufacturers; start of series production planned for 2024 and 2025
- Higher efficiency of electric cars and lower costs by connecting different cooling circuits in the vehicle
- Flexible adaptation to customer requirements through modular, integrative platform approach
HELLA wins two innovation awards for its Digital FlatLight Technology in China
- Digital FlatLight from HELLA enables customizable light signatures and communication
- The two awards focus in particular on the technical advancement, innovative strength and industrial influence of HELLA’s lighting solution respectively
HELLA wins innovation award for its high-voltage battery management system in China
- The Industry Development Innovation Award recognises the high-voltage battery management system for its outstanding performance in terms of energy efficiency, safety and functionalities.
INSPIRE THE MOBILITY OF FUTURE FORVIA Debuts at the 5th China International Import Expo
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2022 Capital Markets Day: HELLA accelerates profitable growth under FORVIA Power25 plan
- Significant market outperformance with annual sales growth of more than 10 percent to over €9.4 billion in 2025
- Substantial increase in operating margin to above 8 percent and net cash flow to around 4 percent of sales in 2025, supported by strong profitable growth in Electronics and a profitability turnaround in Lighting
- On track for announced FORVIA sales synergies of €300 million to €400 million and cost synergies of over €250 million by 2025, around half of which attributable to HELLA
HELLA brings 77 GHz corner radar into series production in China
- The launch of the product is of great significance for HELLA to further strengthen the localization of global leading technologies in China
- HELLA 77 GHz corner radars enable high detection performance and multiple application scenarios
HELLA is branding electromobility: Billion-Euro customer orders for multifunctional Front Phygital Shields
- From mid-2025, HELLA will equip a total of eight different electric vehicles from German premium car manufacturers with highly integrated modules for the front of the vehicle
- Large Front Phygital Shields offer new design freedom to showcase the vehicle front as a styling element and strengthen brand differentiation
- Multifunctional module available in different integration depths and customer variations
- Use of innovative polyurethanes gives surface technology a self-healing effect
HELLA starts the new fiscal year with double-digit sales growth
- Group sales increased by 21.6 percent to € 1.8 billion in the first fiscal quarter; adjusted EBIT of € 91 million at prior-year level; adjusted EBIT margin at 5.1 percent
- Strong demand for HELLA core products and technologies in all three business groups: Lighting, Electronics and Lifecycle Solutions
- HELLA continues internationalization of business with disproportionate growth in China as well as North and South America
- Company outlook confirmed despite various market uncertainties
HELLA develops series production-ready key components for all-electric steer-by-wire system
- The steer-by-wire system enables the steering to be flexibly adjusted to the specific customer or situation and opens up new design possibilities in the vehicle interior
- The all-electric steering system is being developed together with other partners; HELLA is contributing essential key components
- The development partner is Geely's Lotus Tech Innovation Centre and the steering system will be rolled out to other customers within and outside the Geely Group
HELLA enhances thermal management portfolio with new, powerful components
- New electronic Valve Actuator and powerful Media Pumps complement existing product range
- Thermal management components improve service life, efficiency and performance of electric vehicles
- Series production launch of new HELLA solutions is scheduled for 2025
HELLA significantly outperforms the market in the fiscal year 2021/2022 and achieves record order intake
- Automotive segment outperforms global light vehicle production by 6.5 percentage points; Aftermarket sales grow by 15.6 percent, mainly due to independent aftermarket business; Special Applications increases sales by 8.3 percent due to strong business for agricultural and construction machinery
- Consolidated sales of € 6.3 billion only slightly down on the prior-year level; currency and portfolio-adjusted sales at € 6.2 billion
- Adjusted EBIT amounts to € 279 million due to high R&D capital expenditure and rising cost burdens; adjusted EBIT margin at 4.4 percent
- Order intake at record level of around € 10 billion; among other things due to numerous orders for forward-looking technologies such as Digital Light SSL | HD, 77 GHz radar sensors and battery management systems
- Dividend payment of € 0.49 per share proposed for the fiscal year 2021/2022
- Significant increase in sales and earnings forecast for the next twelve months; nevertheless, market risks remain
Judith Buss and Andreas Renschler to join HELLA's Shareholder Committee and Supervisory Board as independent members
- Andreas Renschler is nominated to become Chairman of the Supervisory Board, Judith Buss is nominated to chair the Audit Committee on the board
- With their election, there would be again three independent members on the Shareholder Committee; on the Supervisory Board, the number of independent members would increase to three
- These nominations demonstrate the strong independent corporate governance of HELLA
Klaus Kühn resigns as Chairman of the Supervisory Board and as a member of HELLA’s Shareholders’ Committee
- Klaus Kühn to step down from both bodies for personal reasons at the end of the Annual General Meeting on 30 September 2022
- Decision to be taken in the near future on a succession plan, which will then be put to the Annual General Meeting for approval
Exit from joint venture: HELLA agrees sale of HELLA held HBPO shares to Plastic Omnium
- Further milestone reached in sharpening HELLA‘s profile as a technology company with Lighting, Electronics and Lifecycle Solutions at its core
- Closing expected in the fourth quarter of 2022
Prof Dr Wolfgang Ziebart designated for chairmanship of the HELLA Shareholder Committee
- Prof Dr Wolfgang Ziebart to be elected to the Shareholder Committee, where he will take over as Chairman from Carl-Peter Forster, who is to step down from his position at the end of September 2022
- Ziebart has excellent industry expertise as well as extensive management and committee experience, enabling him to actively help continue the HELLA success story from his position on the Shareholder Committee
Light up the way with intelligence and style: Dynamic LED matrix HELLA headlamp for the Smart #1
- HELLA provides lighting technology that supports intelligent lighting functions and customized styling options
HELLA further expands manufacturing capacity in China and opens new lighting plant with joint venture partner BHAP
- Third lighting plant of the joint venture Beijing Hella BHAP Automotive Lighting in China
- Annual production volume initially is at around 600,000 parts
- With a two-meter long continuous light band for the front of the vehicle, one of the largest and most complex of its kind is manufactured in the new plant
Preliminary yearly figures: HELLA significantly outperforms global automotive market despite sales decline
- According to preliminary figures for the fiscal year 2021/2022, currency and portfolio-adjusted sales declined by 2.4% to € 6.2 billion due to lower worldwide vehicle production
- Adjusted earnings before interest and taxes fell to around € 280 million as a result of consistent investments in future technologies and increasing cost burdens; adjusted EBIT margin at 4.4%
HELLA brings fully electric brake-by-wire pedal into large-scale production worldwide for the first time
- Brake commands are transmitted exclusively electrically using by-wire technology
- Fully electric control supporting functions of automated driving and customised setting of the brake function
- Use of lightweight materials and elimination of required components reduces vehicle weight
- X-by-wire pedals open up new long-term possibilities for designing the Cockpit of the Future
HELLA develops intelligent system components for the automated charging of electric vehicles
- The electronic charging lid actuator (eLA) makes the tank cap intelligent and thus supports robot-assisted charging processes
- Customer-specific functions for even more convenience and safety can be integrated in the future
- Innovative light components intuitively visualize the status of the battery and charging mode and set additional design accents
Joint venture of HELLA and MINTH opens second production plant in China
- New plant in Jiaxing, China, serves the further increasing demand for radomes, illuminated logos and lidar covers
- Up to five million components are manufactured there annually for regional and international automotive manufacturers
Extraordinary General Meeting of HELLA GmbH & Co. KGaA resolves change of fiscal year
- Fiscal year rhythm to be harmonized with the calendar year as of 1 January 2023
- A one-off short fiscal year will be inserted from 1 June to 31 December 2022; the current fiscal year 2021/2022 will not be affected by the change and will end as planned on 31 May 2022
- Adjustment increases comparability with other companies as well as with macroeconomic and industry-specific key figures; reporting effort with Faurecia as the new majority shareholder is also reduced
FORVIA, the world’s seventh largest automotive supplier, announces its chinese name 佛瑞亚
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HELLA sets the scene for the Škoda Enyaq iV with an illuminated radiator grille
- The "Crystal Face" grille supports the characteristic brand look of the electric SUV and implements coming-home and leaving-home animations
- 131 LEDs illuminate the vertical ribs to create a striking crystal effect
- HELLA has also developed headlamps, rear combination lamps and other electronic components for the Škoda Enyaq iV
Nine-monthly figures: HELLA showing successful performance in a demanding market environment
- Currency and portfolio-adjusted sales decline slightly by 0.9 percent to € 4.6 billion over the first nine months of the fiscal year 2021/2022; reported sales increase by 0.2 percent
- Adjusted earnings before interest and taxes decrease to € 238 million; adjusted EBIT margin is 5.1 percent
- Automotive sales significantly exceed general market development; successful spare parts business drives Aftermarket sales, workshop business also with sales rise; Special Applications benefiting from continuing strong business for agricultural and construction machinery
- HELLA confirms the company outlook adjusted at the end of November 2021; great risks and uncertainties arising from war in Ukraine, resource shortages and the consequences of the coronavirus pandemic, especially in China
Panel technology: HELLA develops new design concepts for the vehicle front end
- Highly integrated, multifunctional, individualized panels for electric vehicles combine radomes, sensors and innovative lighting technologies for a distinctive brand identity and a safe driving experience
Personnel changes in the HELLA Management Board: Michel Favre becomes Chief Executive Officer, Yves Andres takes over the Lighting Business Group
- As of July 1, 2022, Michel Favre will succeed HELLA Chief Executive Officer Dr. Rolf Breidenbach, who will continue to support the company in an advisory capacity
- Yves Andres will join the HELLA Management Board on April 15, 2022, where he will take over the management of the Lighting Business Group from Dr. Frank Huber after a transition period
- Carl-Peter Forster, Chairman of the HELLA Shareholder Committee, thanks the departing members of the Management Board and is pleased to welcome two very experienced executives in Michel Favre and Yves Andres, who will continue the company's successful path
HELLA and Faurecia set the course for a joint future
- Together, Faurecia and HELLA form the seventh largest automotive supplier worldwide and a global market leader in high-growth technology fields
- Representatives of Faurecia move into HELLA's Shareholder Committee in place of the previous representatives of the Family pool
- Initial decisions made related to organizational structures
- HELLA CEO Dr. Rolf Breidenbach will continue to closely support the integration until his resignation end of June 2022 and has accepted to advise the de factor Group beyond that date
Faurecia and HELLA announce the name of the world’s seventh largest automotive supplier: FORVIA
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Dr. Rolf Breidenbach will end his position as Chairman of the HELLA Management Board by mutual agreement at mid-year
- CEO Dr. Rolf Breidenbach and HELLA Shareholders' Committee have agreed to terminate the current CEO contract by mutual agreement on June 30, 2022
- "With Faurecia as HELLA's new majority shareholder, the way is now paved for a successful future," says Dr. Breidenbach
- Chairman of the Shareholders' Committee Carl-Peter Forster praises Breidenbach's achievements for the company over the past 18 years and expresses his utmost gratitude to him
- Dr. Breidenbach will continue to closely monitor the integration with Faurecia until his departure; it is intended that he will continue to support the de facto group in an advisory capacity beyond this date
- Decision on successor to be made in a timely manner
FAURECIA is new majority shareholder of HELLA
- Acquisition by FAURECIA was successfully completed
- Including the 60 percent share package of HELLA pool shareholders, FAURECIA acquires approx. 79.5 percent of HELLA shares in the course of the transaction
- The transaction creates the seventh largest automotive supplier worldwide and a global market leader in high-growth technology fields
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Daniel Morfeld
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Fax: +49 2941 38-477545
Daniel.Morfeld@forvia.com
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olivia.luo@forvia.com
