SAF-Holland SE (SFHLF)

SAF-Holland SE Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,970	2,106	1,565	1,247	959.52	1,284
Revenue Growth (YoY)	-0.44%	34.57%	25.55%	29.92%	-25.28%	-1.26%
Cost of Revenue	1,534	1,689	1,302	1,032	781.23	1,069
Gross Profit	435.56	417.09	263.54	215.04	178.29	215.38
Selling, General & Admin	218.2	203.47	134.23	118.23	111.4	129.4
Research & Development	36.42	35.19	18.42	15.59	15.29	19.24
Other Operating Expenses	-2.35	-2.34	-0.94	-1.49	-1.44	-1.82
Operating Expenses	252.27	236.31	151.72	132.32	125.25	146.83
Operating Income	183.3	180.78	111.82	82.72	53.04	68.56
Interest Expense	-45.32	-39.19	-16.17	-9.06	-10.48	-9.15
Interest & Investment Income	-	3.64	1.33	0.57	0.65	0.85
Earnings From Equity Investments	0.43	1.22	1.88	1.62	0.95	1.95
Currency Exchange Gain (Loss)	-3.8	-3.8	1.77	-0.63	-0.65	-1.11
Other Non Operating Income (Expenses)	-1.54	-1.54	0.27	0.1	-0.73	-0.73
EBT Excluding Unusual Items	133.07	141.11	100.89	75.32	42.77	60.37
Merger & Restructuring Charges	-17.83	-17.83	-11.59	-9.04	-15.64	-25.28
Impairment of Goodwill	-	-	-	-	-	-6.69
Gain (Loss) on Sale of Assets	0.96	0.96	1.66	0.64	0.36	-
Asset Writedown	-1.27	-1.27	-0.4	-1.32	-4.13	-1.24
Other Unusual Items	-1.26	-1.26	-2.07	-2.93	-4.23	-2.97
Pretax Income	113.66	121.7	88.5	62.7	19.33	24.21
Income Tax Expense	35.61	41.18	27.27	25.9	5.15	13.91
Earnings From Continuing Operations	78.06	80.52	61.23	36.8	14.18	10.3
Minority Interest in Earnings	-0.8	-0.59	-0.15	-0.06	-0.38	-1.32
Net Income	77.26	79.93	61.08	36.74	13.8	8.98
Net Income to Common	77.26	79.93	61.08	36.74	13.8	8.98
Net Income Growth	1.69%	30.86%	66.27%	166.31%	53.64%	-81.35%
Shares Outstanding (Basic)	45	45	45	45	45	45
Shares Outstanding (Diluted)	45	45	45	45	45	54
Shares Change (YoY)	0.22%	-	-	-	-15.74%	0.24%
EPS (Basic)	1.70	1.76	1.35	0.81	0.30	0.20
EPS (Diluted)	1.70	1.76	1.35	0.81	0.30	0.19
EPS Growth	1.41%	30.80%	66.27%	169.76%	58.84%	-79.43%
Free Cash Flow	133.44	147.83	121.5	18.75	117.42	44.96
Free Cash Flow Per Share	2.94	3.26	2.68	0.41	2.59	0.83
Dividend Per Share	0.850	0.850	0.600	0.350	-	-
Dividend Growth	41.67%	41.67%	71.43%	-	-	-
Gross Margin	22.11%	19.80%	16.84%	17.25%	18.58%	16.77%
Operating Margin	9.31%	8.58%	7.14%	6.64%	5.53%	5.34%
Profit Margin	3.92%	3.80%	3.90%	2.95%	1.44%	0.70%
Free Cash Flow Margin	6.77%	7.02%	7.76%	1.50%	12.24%	3.50%
EBITDA	249.83	238.26	146.89	118.06	87.22	101.07
EBITDA Margin	12.68%	11.31%	9.39%	9.47%	9.09%	7.87%
D&A For EBITDA	66.53	57.49	35.08	35.34	34.18	32.51
EBIT	183.3	180.78	111.82	82.72	53.04	68.56
EBIT Margin	9.31%	8.58%	7.14%	6.64%	5.53%	5.34%
Effective Tax Rate	31.33%	33.84%	30.82%	41.31%	26.66%	57.47%
Advertising Expenses	-	10.67	7.6	4.53	3.6	8.84

Source: S&P Capital IQ. Standard template. Financial Sources.