Ad-hoc-Announcement: Announcement of Mid-Term Targets through 2016 - Confirmation of 2014 Forecast

R. Stahl AG  / Key word(s): Forecast08.05.2014 08:17Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a company of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------As part of the publication of the results of the first quarter of 2014, R.STAHL is announcing mid-term targets for the period through 2016 for thefirst time. In light of the record level of order intake in the firstquarter 2014, the Company furthermore confirms its forecast for the currentfiscal year.During the current year, R. STAHL is implementing the third phase of itsinvestment program, which amounts to a total of more than EUR 70 millionfor the period 2012 through 2014;  thereof about EUR 25 million areforeseen for 2014. The Company is therefore announcing its mid-term targetsfor the first time, which reflect expectations of the strategic investmentsand the resulting growth and profitability potential. R. STAHL aims toincrease sales to EUR 380 million to EUR 390 million by the end of 2016.This represents an average annual sales growth (CAGR 2013-2016) of 7.7 % to8.6 %. The EBITDA margin is expected to be in a range between 15 % and 16%, the EBIT margin is expected to develop in a range between 11 % and 12 %.In the first quarter of 2014, R. STAHL increased its order intake by 7.1 %to EUR 88.4 million compared to the previous year (EUR 82.6 million). Thus,new orders reached a record high in the first quarter. In light of theupward trend in order intakes and the positive dynamics in customerindustries (especially oil and gas) and regions (particularly Asia/Pacificand the Americas), the Company confirms its forecast for the fiscal year2014. R. STAHL aims at order intakes between EUR 325 million and EUR 335million and at sales between EUR 315 million and EUR 325 million in thecurrent fiscal year. Earnings growth will be influenced by the plannedinvestments in 2014. Therefore, R. STAHL expects earnings before interestand taxes (EBIT) of between EUR 24 million and EUR 26 million for 2014.In order to realize its objectives for 2014 as well as for 2016, R. STAHLwill continue to pursue the key elements of its corporate strategy. Theseinclude: the accelerated development of innovative products and systems forexplosion protection and the expansion of its presence in customerindustries and growth regions. Moreover, the Company is constantly workingto strengthen its position as a technology leader. In addition, R. STAHL isfocusing on continuously improving efficiency through process improvementand cost optimization.---------------------------------------------------------------------------Information and Explaination of the Issuer to this News:For further information: R. STAHL AGAm Bahnhof 30, 74638 Waldenburg (Württ. )Bernd Marx (CFO)Phone: +49 7942 943-1271Nathalie Dirian (Investor Relations)Phone: +49 7942 943-1395e-mail: [email protected] DGAP's Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language:     EnglishCompany:      R. Stahl AG              Am Bahnhof 30              74638 Waldenburg              GermanyPhone:        +49 (7942) 943-0Fax:          +49 (7942) 943-4333E-mail:       [email protected]:     www.stahl.deISIN:         DE000A1PHBB5WKN:          A1PHBBListed:       Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;              Freiverkehr in Berlin, Düsseldorf, Hamburg, München End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------