SAF-HOLLAND SE increases outlook for adjusted EBIT margin for the 2024
fiscal year

EQS-Ad-hoc: SAF-HOLLAND SE / Key word(s): Change in Forecast/Preliminary
Results
SAF-HOLLAND SE increases outlook for adjusted EBIT margin for the 2024
fiscal year

17-Jun-2024 / 13:39 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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SAF-HOLLAND SE increases outlook for adjusted EBIT margin for the 2024
fiscal year

Bessenbach (Germany), June 17, 2024. SAF-HOLLAND SE ("SAF-HOLLAND") adjusts
its outlook for 2024 fiscal year based on the business performance from
January through May 2024.

The adjusted EBIT margin* for the 2024 fiscal year is expected to be at
around 10% (previously: 9.0% to 9.5%). This means that SAF-HOLLAND exceeds
the current estimate of analysts' expectation of 9.3%.

Looking at the current business development in the second quarter, the
adjusted EBIT margin* benefited in particular from a favorable development
of the product mix with a higher share of aftermarket business in connection
with special sales measures. The early cost adjustments in response to the
normalized market environment in the EMEA and Americas regions and the
continued realization of synergies from the Haldex acquisition also had a
positive impact on profitability. As a result, profitability in the second
quarter is expected to be within the bandwidth of 10.5% to 11.0% (previous
year: 9.1%).

The outlook for Group sales and capex ratio published in the Forecast Report
2024 on March 14, 2024 remains unchanged.

The publication of the 2024 Half-Year Financial Report is scheduled for
August 8, 2024. A conference call (in English only) will be held for
institutional investors and analysts on that day.

The key figures marked with * are so-called alternative performance
measures. A definition of this can be found in the 2023 Annual Report on
page 199 et seq. This is available at
https://corporate.safholland.com/sites/default/files/reports/2023/saf-holland_se_annual_report_2023_en.pdf.

Contacts:

Dana Unger

VP Investor Relations, Corporate & ESG Communications

Tel: +49 6095 301 949

dana.unger@safholland.de

Alexander Pöschl

Senior Manager Investor Relations, Corporate & ESG Communications

Tel: +49 6095 301 117

alexander.poeschl@safholland.de

Michael Schickling

Senior Manager Investor Relations, Corporate & ESG Communications

Tel: +49 6095 301 617

michael.schickling@safholland.de




Contact:
Dana Unger
VP Investor Relations Corporate & ESG Communication

SAF-HOLLAND SE
Hauptstraße 26
63856 Bessenbach
Phone +49 6095 301-949
ir@safholland.de


End of Inside Information

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   Language:       English
   Company:        SAF-HOLLAND SE
                   Hauptstraße 26
                   63856 Bessenbach
                   Germany
   Phone:          +49 6095 301-949
   E-mail:         ir@safholland.de
   Internet:       www.safholland.com
   ISIN:           DE000SAFH001
   WKN:            SAFH00
   Indices:        SDAX
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1926687

End of Announcement EQS News Service
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1926687 17-Jun-2024 CET/CEST