SAF-HOLLAND
SAF-HOLLAND - More.de AG
SAF-HOLLAND - More.de AG
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Powered Vehicle Systems – Track Record<br />
€ m<br />
Sales<br />
Cost of sales<br />
Gross profit margin<br />
Q1-3/2007<br />
64.1<br />
54.9<br />
14.4%<br />
Q1-3/2006 PF<br />
90.1<br />
78.8<br />
12.5%<br />
Fifth Wheel Sales 1991 – 2006<br />
History of Increasing Market Shares<br />
200.000<br />
160.000<br />
120.000<br />
15-year CAGR 9.3%<br />
Fifth Wheel<br />
N. America<br />
38%<br />
48%<br />
80.000<br />
40.000<br />
0<br />
91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06<br />
0% 10% 20% 30% 40% 50% 60% 70% 80%<br />
2003 2006<br />
PF: Pro-forma represents figures for the year 2006 as if the subgroups would have been acquired as of January 1, 2006<br />
34 <strong>SAF</strong>-<strong>HOLLAND</strong> CMD Updated 7 January 2008