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April 23, 2010
SAF-HOLLAND S.A.: Increase in earnings and sales in first quarterImproving market conditions helped SAF-HOLLAND S.A. achieve a significant increase in earnings in the first quarter. According to preliminary figures, adjusted EBIT in the firstmore... |
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December 18, 2009
SAF-HOLLAND S.A.: Extraordinary General Meeting approves financing agreementThe extraordinary General Meeting of SAF-HOLLAND S.A. approved the financing agreement with the Company's banking syndicate in Luxembourg today. The agreement secures financingmore... |
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December 02, 2009
SAF-HOLLAND S.A.: Change in management at SAF-HOLLAND after successful refinancingWith the successful completion of SAF-HOLLAND's new financing agreement, Dr. Reiner Beutel stepped down as Chief Executive Officer (CEO) and Member of the Board of Directorsmore... |
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November 29, 2009
SAF-HOLLAND S.A.: Financing secured until 2014SAF-HOLLAND has reached agreement with its banks on a restructuring and extension of the existing EUR 316 million credit line until 2014. Negotiations have been successfullymore... |
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November 25, 2009
SAF-HOLLAND S.A.: Standstill agreement extended until December 4, 2009SAF-HOLLAND S.A. is due to complete a new financing agreement in the amount of EUR 316 million. In order to complete internal coordination and processes within the bank consortium,more... |
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October 27, 2009
SAF-HOLLAND S.A.: Negotiations with the banks almost complete - standstill agreement extended until the end of NovemberSAF-HOLLAND and its banks are close to completing negotiations on securing the Company's long-term financing. In order to fully complete the negotiations and to allow the consortiummore... |
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September 18, 2009
SAF-HOLLAND S.A.: Negotiations with the banks make progress - standstill agreement extended until the end of OctoberSAF-HOLLAND and the banks are making progress in the intensive financing negotiations currently underway. The constructive discussions of recent weeks have seen both sides reachmore... |
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August 28, 2009
SAF-HOLLAND S.A.: New standstill agreement reached with banksIn the course of ongoing financing negotiations, SAF-HOLLAND and the banks today signed a fixed-term standstill agreement. The trustee model proposed by the banks on August 11 ledmore... |
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August 11, 2009
SAF-HOLLAND S.A.: Banks submit proposal on financial restructuringIn today's negotiations on the restructuring of the SAF-HOLLAND Group, lending banks proposed the transfer of the Company's operational activities to a trustee. The economic frameworkmore... |
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July 31, 2009
SAF-HOLLAND S.A.: Dr. Martin Kleinschmitt to become CRO of SAF-HOLLAND Group GmbH / Banks support reorganization conceptThe Board of Directors today appointed Dr. Martin Kleinschmitt (49), member of the Executive Board of NSL Consulting AG, Berlin, as Chief Restructuring Officer to the Management Boardmore... |
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June 19, 2009
SAF-HOLLAND S.A.:Bank Consortium Approves Restructuring ReportAs expected, the restructuring report for SAF-HOLLAND S.A., an internationally active supplier for the truck and trailer industry, was approved by its lending banks with UniCreditmore... |
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March 30, 2009
SAF-HOLLAND S.A.: Bernhard Schneider Elected Chairman of the Board of DirectorsAt its regular meeting on Friday, the Board of Directors of SAF-HOLLAND S.A., Luxembourg, elected Bernhard Schneider, 64, as its new chairman. A member of the Board since June 2007,more... |
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February 27, 2009
SAF-HOLLAND Secures Funding Leeway - Preliminary Figures for Fiscal YearSAF-HOLLAND S.A., an international supplier to the truck and trailer industry, has secured funding leeway for the months ahead. An agreement signed today with the Company's currentmore... |
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January 30, 2009
Membership Changes in the Board of DirectorsSAF-HOLLAND S.A. restructures the Board of Directors: Dr. Reiner Beutel has been newly appointed to the Board, effective February 1, 2009. Dr. Beutel will also become the Chairmanmore... |
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January 28, 2009
SAF-HOLLAND S.A.: Dr. Reiner Beutel Succeeds Rudi Ludwig as CEORudi Ludwig (60), Chief Executive Officer of SAF-HOLLAND Group GmbH, will withdraw from day-to-day operations when his contract expires on February 28, 2009 in accordance with hismore... |
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November 07, 2008
SAF-HOLLAND S.A.:SAF-HOLLAND Posts Q3 ProfitSAF-HOLLAND S.A. has posted positive third-quarter earnings in an increasingly difficult market environment. Preliminary figures for the third quarter put the adjusted EBIT at aboutmore... |
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October 09, 2008
SAF-HOLLAND Maintaining Modest Growth CourseSAF-HOLLAND S.A. is continuing its growth trend even in the 2008 fiscal year. However, the increase in sales and earnings will be weaker than originally forecasted. The determiningmore... |
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September 04, 2008
SAF-HOLLAND S.A.: SAF-HOLLAND S.A. Places Shares from Capital Increase at a Price of EUR 7.50 per ShareSAF-HOLLAND S.A. has successfully completed its capital increase. The new shares were placed at a price of EUR 7.50 each with quali-fied investors in Germany and other European countries.more... |
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September 04, 2008
SAF-HOLLAND S.A.: SAF-HOLLAND S.A. Launches Announced Capital IncreaseSAF-HOLLAND S.A. is launching its previously announced capital in-crease as part of the financing for the acquisition of Georg Fischer Verkehrstechnik GmbH. 1,864,900 new bearermore... |
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August 28, 2008
SAF-HOLLAND S.A.:SAF-HOLLAND acquires subsidiary of Georg Fischer AG and strengthens its market position in the European truck industrySAF-HOLLAND S.A. and Georg Fischer AG, Schaffhausen (Switzerland), have agreed that SAF-HOLLAND will acquire all the capital shares in Georg Fischer Verkehrstechnik GmbH, Singen,more... |
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April 24, 2008
SAF-HOLLAND S.A.: SAF-HOLLAND shareholders approve dividend of 42.47 Euro cent per shareLuxembourg, 24 April 2008 – The shareholders of SAF-HOLLAND S.A., one of the world’s leading producers and suppliers of high-quality systems and components for the truck and trailermore... |
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March 31, 2008
SAF-HOLLAND S.A.: SAF-HOLLAND meets targets for 2007 and gives positive outlook for 2008- Consolidated sales rise to €812.5 million: +4.5%, on a constant currency basis +7.9% - Adjusted EBIT of €60.5 million, in line with forecast - Recommendedmore... |
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November 29, 2007
SAF-HOLLAND S.A.: SAF-HOLLAND raises forecast as orders reach historic high• Q3 2007 sales increase to €201.8 million, up 10% on constant currency basis • Adjusted EBITDA of €19.0 million • Outlook FY 2007: Sales volume expected at around €800 million and adjustedmore... |
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July 25, 2007
SAF-HOLLAND S.A.: SAF-HOLLAND floated at EUR 19.00 per shareLuxembourg, 25 July 2007 – SAF-HOLLAND S.A. Luxembourg today set its offer price at EUR 19.00 per share. The price was set jointly with the selling shareholders and Morgan Stanleymore... |
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July 23, 2007
SAF-HOLLAND S.A.: SAF-HOLLAND shares with new price range of EUR 19.00 to EUR 20.00Luxembourg, 23 July 2007 – Upon the lapse of the public offering, SAF-HOLLAND S.A., the selling shareholders and Morgan Stanley as sole bookrunner have set the price range for themore... |