SAF-Holland Sees Sales Rise of Up to 25%, Borghardt Tells WiWo

SAF-Holland SA (SFQ), a German supplier of parts for truck trailers, expects a sales increase of up to 25 percent this year, WirtschaftsWoche reported, citing an interview with Detlef Borghardt, who will become chief executive officer from July 1.

SAF, based in Bessenbach, Germany, aims to achieve sales of 1 billion euros ($1.4 billion) over the next three to five years, the magazine cited Borghardt as saying.

To contact the reporter on this story: Oliver Suess in Munich at osuess@bloomberg.net

To contact the editors responsible for this story: Frank Connelly at fconnelly@bloomberg.net Edward Evans at eevans3@bloomberg.net

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