SAF-HOLLAND SE

Earnings Release • Feb 19, 2025

PRELIMINARY FIGURES FY 2024

Despite market-related sales decline, EBIT margin reached record level

Aftermarket sales driven by strong market penetration \& positioning

Group sales split (by region, by customer category)

Favorable mix effect and cost flexibility drove margin improvement

Aftermarket strength partly offsets market-related topline decline

Continued strong adj. EBIT margin despite muted topline development

FY 2024 explanation

• Sales were 9% organically lower compared to PY which predominantly relates to restricted government infrastructure spending in India due to the parliamentary election as well as a heavy rain season in Q3 in Southeast Asia impacting the mining industry
• Adj. EBIT margin almost on PY level with $11.7 \%$, driven by flexible cost management, earnings improvement in China as well as continued cost savings from Haldex integration

Q4 2024 explanation

• Despite slight recovery of Indian trailer market at year-end, sales were 14\% below PY organically also due to extended plant closures in December in the mining sector in Australia
• Hence, the profitability was negatively impacted in Q4 compared to Q3 2024

Preliminary financial key figures show margin improvement despite weaker topline

	Group FY 2023 Results*	Group Preliminary Figures 2024 as of February 2025
Sales	EUR 2,106.2 mn	EUR 1,877 mn
Adj. EBIT margin	$9.6 \%$	$\sim 10.1 \%$
Capex ratio**	$2.9 \%$	$\sim 3.1 \%$

• SAF-HOLLAND will publish the final, audited figures with detailed information on segments, outlook for financial year 2025 and the dividend proposal with the 2024 annual report on March 20, 2025
• At the same time, the 2024 sustainability report will be published

Upcoming Capital Markets Day

CAPITAL MARKETS DAY

on March 27, 2025
at SAF-HOLLAND/ Teamlog
Germanenstraße 30, 63741 Aschaffenburg
Factory tour in Bessenbach

09:00 CET - Registration \& welcome
10:00 CET - Start of presentation
13:30 CET - Start factory tour
(optional)
15:30 CET - End of event in Bessenbach

• Exclusively in-person event
• Get to know the new strategy 2030, presented by the Management Board and the Regional Presidents
• Experience a comprehensive insight into the axle systems production

Contact and additional information

Investor relations contact \& financial calendar

Issuer \& contact

SAF-HOLLAND SE | Hauptstrasse 26 | 63856 Bessenbach

Dana Unger

Vice President Investor Relations, Corporate \& ESG Communications Tel: +496095301 - 949

Alexander Pöschl
Senior Manager Investor Relations, Corporate \& ESG Communications Tel: +496095301 - 117

Michael Schickling
Senior Manager Investor Relations, Corporate \& ESG Communications Tel: +496095301 - 617

Marleen Prutky

Junior Manager Investor Relations, Corporate \& ESG Communications Tel: +496095301 - 592

E-mail: ir@safholland.de

E-Mail: ir@safholland.de

Financial calendar and roadshow activities

February 19, 2025	Publication Preliminary Results FY 2024
February 24, 2025	Roadshow London
February 25, 2025	Roadshow Zurich
March 20, 2025	Publication Annual Report incl. CSRD Report FY 2024
March 27, 2025	Capital Markets Day, Aschaffenburg
May 8, 2025	Publication Quarterly Statement Q1 2025
May 20, 2025	Annual General Meeting
August 7, 2025	Publication Half-Year Report H1 2025
November 13, 2025	Publication Quarterly Statement Q3 2025

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