Hella reports better than expected results in first three months of fiscal year 2021

Automotive lighting major Hella has announced that despite the continuing highly negative effects of the Covid-19 pandemic on the global automotive industry, it witnessed better than originally expected results for the first three months of fiscal year 2020/2021. The currency and portfolio-adjusted consolidated sales in the first quarter (June to August 2020) dropped by 10.6 percent to 1.4 bill