HELLA GmbH & Co KGaA - Company Profile

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HELLA GmbH & Co KGaA: Segment Analysis

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Business Description

HELLA GmbH & Co KGaA (HELLA), a subsidiary of Forvia SE, is an international automotive supplier specializing in high-performance lighting technology and automotive electronics. The company serves various industries, including automotive, agricultural, construction machinery, and special vehicle manufacturing.

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R&D Overview

HELLA has undertaken several R&D initiatives focusing on developing new products to meet the requirements of car manufacturers worldwide and addressing key automotive market trends. These trends include electrification and energy management, safe and automated driving, and digital and sustainable cockpit experiences. The company is working on highly integrative front and rear modules for electric vehicles, display technologies for external vehicle lighting, and lighting technology for vehicle interiors. Additionally, HELLA is developing an eFuse ASIC for circuit protection in motor vehicles, supporting the transition to software-defined vehicles. The R&D units of HELLA include around 30 R&D facilities worldwide, excluding joint ventures, and a separate innovation center in Shanghai. The innovation center is responsible for new future technologies for the Chinese market, cooperation with local start-up companies, and venture capital activities. The company also maintains two research laboratories for automotive lighting technology and electronics at the Lippstadt site, focusing on long-term automotive topics and public sector-funded research projects. During FY2024, the company had also filed over 280 patents and held a portfolio of over 4,800 patents. In FY2024, the company incurred a research and development expenditure of EUR803 million which was 10% of the company's total revenue and declined 0.7% YoY.

Business Segments

Overview

It provides services including product lines of Automated Driving, Sensors and Actuators, Body Electronics and Energy Management. Offers technologies for functions such as automated driving.

Performance

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Overview

The Lifecycle Solutions segment is divided three divisions Independent Aftermarket, Workshop Solutions and Special Original Equipment. In the Independent Aftermarket, the company sells vehicle-specific or universally applicable wear parts, spare parts and accessories to dealers and independent workshops in Europe. The Workshop Solutions division's core offering includes vehicle diagnostics, emissions testing, battery testing, light adjustment, and calibration, as well as service and data-based services. In the Special Original Equipment division, the company develops, manufactures and distributes lighting and electronic products for special-purpose vehicles such as construction and agricultural machinery, buses and motor homes, as well as for the marine sector.

Performance

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Overview

It develops and produces: headlamps, combination rear lamps, body lighting and interior lighting products for automobile manufacturers worldwide. Also accelerates the development of new body and interior lighting concepts that support autonomous and individualization driving.

Performance

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Geographical Segments

Performance

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Performance

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Performance

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