SAF-Holland returns to profitability, sees signs of recovery
LUXEMBOURG — SAF-Holland S.A. enjoyed a profitable third quarter and says it’s confident its restructuring efforts are paying off.
“SAF-Holland is benefiting from the group-wide restructuring of the operating business,” said Dr. Reiner Beutel, CEO of SAF-Holland. “We are now leaner and stronger. As a global supplier of quality systems and components for the commercial vehicle industry, we are thus perfectly positioned to participate in a major way in the expected upturn in the commercial vehicle market. We are already seeing the first signs of a recovery after an unprecedented downturn in the global commercial vehicle market.”
Have your say
This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.