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Hella’s Q1 sales fall 12.1% y/y to USD1.7 billion

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Financial results

Quarterly EBIT slumps nearly 20%

German automotive lighting and electronics supplier Hella reported a 12.1% year-on-year (Y/Y) drop in sales to EUR1.57 billion (USD1.7 billion) for the quarter ending 31 August, according to a press release filed by the company. 

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