Haldex Interim Report January-March 2021
Comment from Helene Svahn, President & CEO: The first quarter continued to be affected by the ongoing COVID-19 pandemic However, continuing recovery was recorded in most of our segments and markets. Haldex reported stable sales, and our cost savings programs have delivered according to plan, contributing to a sharp increase in the operating margin in line with our long-term target. Haldex significantly strengthens its presence in China by a strategic partnership in April with market leading FAST Group regarding Air Disc Brakes. CONTINUED RECOVERY IN THE FIRST QUARTER Net sales are back to pr...