Haldex

About Us

Over 100 years of powerful innovation gives Haldex unsurpassed expertise when it comes to braking systems and air suspension systems for heavy trucks, trailers and buses. We live and breathe our business with the goal to deliver robust and technically superior solutions which is founded in a deep insight in our customer’s reality. Through focusing on our core competences and the passion we all share, we achieve the agility and flexibility that the market demands. Innovative collaborations aren’t only the core of our products, but our philosophy. Our 2000 employees, spread out across four continents, challenge the conventional on a daily basis in order to secure that the products we deliver create a unique value to our customers and the end users. We are listed on Nasdaq Stockholm and have a turnover of approx. 4 billion SEK.

Quotes

We have successfully built on our world leading position for drum brakes and have gained a significant market share on disc brakes for trailers in Europe.

Bo Annvik, President and CEO of Haldex

The agreement with Daimler is one of several new wins on disc brakes that in combination are estimated to be worth 650 MSEK until 2017, as previously communicated in our interim report.

Bo Annvik, President and CEO of Haldex

Mercedes-Benz TrailerAxleSystems has been manufacturing disc-braked trailer axles for more than 15 years. The cooperation for the development of the DCA L7 combines the innovative commercial vehicle know how of Haldex with the long-term expertise of Mercedes-Benz TrailerAxleSystems in the use of disc brakes.

Norbert Rehbein, General Manager of MB-TAS

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Haldex Interim Report, January - September 2019

Thu, Oct 24, 2019 07:20 CET

Stable quarter on a further weakened marketThe currency-adjusted net sales for Q3 decreased by 4 per cent compared to the same period the previous year. In North America, Haldex increased its net sales by 2 per cent during the quarter despite signs that the market is weakening. In Europe, net sales decreased by 7 percent due to a weaker market, primarily in the Trailer segment. Net sales also decreased in China primarily due to lower sales of brake adjusters compared to an unusually strong comparison quarter. The operating income excluding one-off items increased 7 per cent compared to

Haldex Interim Report, January - June 2019: Stable quarter on a weak market

Thu, Jul 18, 2019 07:20 CET

The market conditions continued to weaken during Q2. Net sales increased slightly in the quarter, while the currency-adjusted net sales decreased. Sales in North America continue to be high, which did not have a full impact on profitability due to high raw material prices and tariffs. Demand in Europe has slowed, primarily in the Trailer customer category, which also affected the sales of disc brakes. The operating margin, excluding new technology, is in line with Q1. Operating income was primarily affected by lower sales volumes, but also by high costs for direct material and tariffs. Cash

Haldex Interim Report, January - March 2019: Improved operating margin in weakened market

Thu, Apr 25, 2019 07:20 CET

Market conditions weakened slightly in the first quarter. Currency-adjusted net sales decreased marginally but increased in absolute terms. The positive performance of disc brake sales continued while brake adjuster sales decreased due to a slowdown in Chinese demand. Operating income improved due to increased Aftermarket sales, stabilized raw material prices and improved cost controls, and also because Haldex’s joint venture in China is now recognized as a part of operating activities. Cash flow from operating activities was down while earnings per share were up year-on-year.Net sales for

Haldex interim report, January - June 2017: A quarter with slightly weaker growth than the market

Tue, Jul 18, 2017 07:20 CET

During Q2, the market continued to be positive and Haldex experienced strong growth in Europe. However, growth in North America was slightly weaker, and as a whole Haldex’ growth is somewhat weaker than in the market. The sale of actuators, which was previously the primary cause behind the fall in sales, stabilized, and only a slight reduction was noted in Q2. A number of product areas experienced positive development, and the disc brake continued to show the most growth. Operating profit dropped slightly, largely due to lower sales in North America, where the operating margin is higher than

Haldex annual statement, January - December 2016: A year with a weak market and a drawn-out bidding process

Fri, Feb 10, 2017 07:20 CET

Haldex’ net sales followed the general market trend in 2016. In North America, which represents more than half of Haldex’ net sales, the conditions on the market were weak during the year and demand fell even more during the fourth quarter. However, Haldex’ sales in North America during the fourth quarter did not decline at the same rate as the market. Net sales in Europe and Asia increased during the fourth quarter, but could not compensate for the decrease in North America. Disc brake sales increased significantly during both the fourth quarter and the year as a whole, but sales of

Haldex interim report, January - June 2016: Solid operating margin and improved cash flow in spite of continuing weak market conditions

Fri, Jul 15, 2016 07:20 CET

Market conditions continued to be weak in Q2, resulting in lower sales. The decline was greatest in North America which is the single biggest cause of the lower net sales figures. Savings realized and solid cost controls partially offset the decrease in sales and had a positive impact on the operating margin. Cash flow improved compared with the same period of the previous year.Net sales for Q2 totaled SEK 1,147 (1,290) m, equivalent to an 11% decrease compared with the same period of the previous year. After currency adjustments, net sales decreased by 9% in Q2. Currency-adjusted net sales

Haldex interim report, January - March 2016: Solid operating margin in spite of weaker market conditions

Fri, Apr 22, 2016 07:20 CET

Market conditions continued to weaken in Q1, resulting in lower sales, especially in North America. Lower actuator sales were the single biggest cause of the lower net sales figures. Solid cost controls, implemented cost savings and an improved gross margin partially offset the decrease in sales and had a positive impact on the operating margin. Cash flow improved compared with the same period of the previous year.Net sales for Q1 totaled SEK 1,097 (1,246) m, equivalent to a 12% decrease compared with the same period of the previous year. After currency adjustments, net sales decreased by

Haldex interim report, January - March 2015

Fri, Apr 24, 2015 07:20 CET

Net income continues to improveGood cost control combined with sales growth led to yet another quarter of improved profitability. Net sales for Q1 totaled SEK 1,246 (1,041) m, equivalent to growth of 20% compared with the same period previous year. However, net sales were impacted by major exchange rate fluctuations. After currency adjustments, net sales increased by 2%. Operating income for Q1 excluding one-off items amounted to SEK 115 (84) m, which is equivalent to an operating margin of 9.3 (8.1)%. Including one-off items, operating income was SEK 114 (83) m and the operating

Haldex annual statement 2014

Thu, Feb 12, 2015 07:20 CET

A year with solid growth and improved profitabilityNet sales for 2014 totaled SEK 4,380 (3,920) m, equivalent to growth of 12% compared with the same period of the previous year. After currency adjustments, net sales increased by 8%. Net sales for Q4 amounted to SEK 1,092 (908) m, equivalent to growth of 10% after currency adjustments. Operating income for 2014 excluding one-off items amounted to SEK 408 (281) m, which is equivalent to an operating margin of 9.3 (7.2)%. Including one-off items, operating income was SEK 233 (153) m and the operating margin was 5.3 (3.9)%. Operating income

Haldex Interim report, January - June 2014

Fri, Jul 18, 2014 07:15 CET

Growth continued and operating income improvedApril - June Net sales amounted to SEK 1,124 (1,067) m, equivalent to a growth of 5% compared with the same period of the previous year. After currency adjustments, net sales increased by 4%. Operating income excluding one-off items amounted to SEK 110 (76) m, corresponding to an operating margin of 9.7 (7.1)%. Including one-off items, operating income was SEK 103 (-44) m and the operating margin was 9.2 (-4.1)%. Net income after tax increased to SEK 64 (-48) m and earnings per share increased to SEK 1.44 (-1.09). Net income was

Haldex Interim report, January - March 2014

Tue, Apr 29, 2014 07:20 CET

A strong start to the year, with sound growth and an improved operating marginJanuary - March Net sales amounted to SEK 1,041 (951) m, equivalent to a growth of 9% compared with the equivalent period of the previous year. After currency adjustments, net sales increased by 9%. Operating income excluding one-off items amounted to SEK 84 (55) m, corresponding to an operating margin of 8.1 (5.8)%. Including one-off items, operating income was SEK 83 (55) m and the operating margin was 7.9 (5.8)%. Net income after tax increased to SEK 48 (28) m and earnings per share increased to SEK 1.

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