Hella Confirm Mid-Term Growth, Profit Targets

Hella are sticking to their medium-term targets despite the increasingly challenging market environment. The company confirmed this during their virtual Capital Markets Day last week.Specifically, the company expect to achieve an annual sales growth of five to 10 per cent and a profitability level (adjusted EBIT) of at least eight per cent in the next…

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Hector Fratty

Hector Fratty, DrivingVisionNews President and Founder has been for his entire career in automotive lighting. From 1995 to 2006, he was Valeo Lighting Systems’ chief of R&D, managing a staff of 650 engineers and technicians and a budget of over €70m. He holds 20 patents worldwide. In 2008, after 2 years’ consultancy, he initiated the launch of Driving Vision News, a news pipeline dedicated to keeping the lighting and driver assistance community informed of the latest progress and development in the industry. Hector Fratty presides over the highly‐regarded biennial VISION Congress international automotive lighting and driver assistance symposium. Hector Fratty is also a member of the ISAL steering committees.