Saf Holland Se (SFHLF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning ladies and gentlemen and welcome to the SAF Holland SE H1 2026 results call. Today's presenters are CEO Alexander Geis and CFO Frank Lorenz-Dietz. The presentation slides are available on the SAF Holland corporate website. The presentation will be followed by a Q&A session. Please note the conference call will be recorded and published on the corporate website of SAF Holland SE. Everything spoken through the unmuted microphone will be processed during the online meeting and published on the website of South Holland Se. If a participant does not wish to be recorded, they should refrain from participating in the Q&A session and keep the microphone muted. The Q&A session is exclusively for institutional investors and analysts. All other participants of the conference call are kindly asked to contact the investor relations teams directly if they have any questions. Mr. Geis, the floor is yours. Good morning everyone and welcome to our conference call on our Q2 2026 results. Let me start with a brief overview of our second quarter performance on page 3. Overall, we delivered another solid quarter which supports the confirmation of our outlook for fiscal year 2026. Sales increased to 454 million Euro supported by an organic growth of 3.8% and the continued recovery and stabilization across our key OE markets. This positive top-line development was also reflected in our profitability. Adjusted EBIT margin increased to 9.6% from 9.1% a year ago, while adjusted EBITDA margin improved to 13.2%. At the same time, we continue to generate a strong cash flow. Operating free cash flow increased to 21 million euro, driven by further improvements in networking capital management. This strong cash generation also supported a solid balance sheet with an unchanged leverage ...