Hella Report Droop in FQ2 Figures

Hella’s figures for the second fiscal quarter are out, and the supplier have adjusted their outlook for the current fiscal year 2021-’22. Currency and portfolio-adjusted sales in the second quarter, September-November 2021, declined by around 13 per cent to €1.5bn due to choked supplies of semiconductors and other components. The EBIT margin fell to around…
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