HELLA’s Q1 FY2022 net sales grows 21.76% y/y to USD1.79 billion
First quarter FY2022 EBIT margin was 4.2%, up from 5.4%
HELLA, a FORVIA company has reported Q1 2022 net sales at EUR1.79 billion (USD1.792 billion) with a year-on-year (y/y) increase of 21.76% compared to EUR1.47 billion, ending 31 August 2022, according to a filing by the company on 29 September. Earnings before interest and taxes (EBIT) came in at EUR75 million compared to EUR79 million last year, while EBIT margin was 4.2% compared to 5.4% a year ago.
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