SAF-Holland revenues up 30% in 2021
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By Bradley Osborne - 24th March 2022
Germany – SAF-Holland SE, a manufacturer of axles, brakes, and other chassis components primarily for trailers (but also trucks and buses) based in Bessenbach, Bavaria, has released sales figures for 2021, revealing an approximate 30% growth in sales from EUR959.5m the year before to EUR1.247bn.
Its adjusted earnings before interest, taxes, depreciation and amortisation were EUR93m – compared to EUR58.8m the year before – providing a margin of 7.5%. Earnings were dampened somewhat by increases in the cost of steel, freight and energy, the company stated.
