Hella Earnings Improve Despite Tough Environment

In the first nine months of fiscal year 2020-21 (June 2020 to February 2021), the Hella Group’s currency and portfolio-adjusted sales fell by 0.3 per cent to €4.7bn, and adjusted EBIT improved significantly by 10.1 per cent to €373m.Sales in the automotive segment declined by 2.7 per cent to €4bn in the first nine months…

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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.