India, March 27 -- SAF-HOLLAND has introduced its "drive2030" corporate strategy, setting new medium-term targets. Group sales are expected to increase by more than 50% to over 3.000 billion euros.

SAF-HOLLAND aims for an adjusted EBIT margin of 10%-12% in 2030. Group sales are expects to grow by more than 50% in the period from 2024 to 2030.

The company also sees growth potential outside of the traditional trailer and truck business. In the future, a significant portion of sales will be generated with customers from related industries, such as agricultural, mining and construction machinery as well as industrial trucks.

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Overall, the company aims to inc...