R. STAHL releases preliminary figures for FY2018: Higher sales and efficiency gains lead to significantly improved earnings

Waldenburg, 28 February 2019 – R. STAHL, leading supplier of products and systems for explosion protection, today publishes preliminary figures for fiscal year 2018.

  • Sales climb 4.3% to €280.1m (2017: €268.5m)
  • EBITDA pre exceptionals expected to grow by more than €9m to €15.2m (2017: €5.8m) in line with recently lifted outlook

 

In the period under review, sales presumably grew 4.3% to €280.1m (FY2017: €268.5m). The good progress of the ongoing efficiency program R. STAHL 2020 led to a decrease in material costs and personnel costs, while other operating expenses developed in the opposite direction due to higher exceptionals driven by the implementation of the efficiency measures. In sum, R. STAHL expects significantly improved earnings: with an increase of more than €9m, preliminary EBITDA pre exceptionals is at €15.2m (FY2017: €5.8m) in line with the recently lifted guidance. Exceptionals will amount to €-6.2m (FY2017: €-4.0m) including impairments of €0.4m (FY2017: €0.5m). Also net profit will come in as expected, growing by around €14m to €-7.0m (FY2017: €-21.2m).

R. STAHL will give a first outlook for FY 2019 along with the release of its audited Annual Report 2018 on 26 April 2019.

 

Key Figures of R. STAHL Group pursuant to IFRS

€m

20181)

2017

Change

Sales

280.1

268.5

+4.3%

EBITDA pre exceptionals

15.2

5.8

+9.4

Exceptionals

-6.2

-4.0

-2.2

Net profit

-7.0

-21.2

+14.2

Employees as of 31 December (excluding apprentices)

1,690

1,763

-73

1) Preliminary figures; the final and full figures as well as the Annual Report 2018 will be released on 26 April 2019.

 

Financial calendar 2019

26 April Release of the Annual Report 2018

09 May Interim Report Q1 2019

07 June Annual General Meeting in Künzelsau-Gaisbach

08 August Report on the first half year 2019

07 November Interim Report Q3 2019

 

About R. STAHL – www.r-stahl.com

R. STAHL is the world's leading supplier of electrical and electronic products and systems for explosion protection. These products and systems prevent explosions in hazardous areas and contribute to the safety of people, machines and the environment. The portfolio ranges from products used in switching/distributing, installing, operating/monitoring, lighting and signalling/alarming up to automation. Typical customers operate in growth industries, such as the oil & gas industry, the chemical and pharmaceutical industry and the food industry. In 2018, sales amounting to around €280m were generated by 1,690 employees. The shares of R. STAHL AG are traded on the Regulated Market/Prime Standard of Deutsche Boerse (ISIN DE000A1PHBB5).

 

Contact

R. STAHL AG

Am Bahnhof 30, 74638 Waldenburg (Württ.)

Dr. Thomas Kornek

Vice President Investor Relations & Corporate Communications

T: +49 7942 943-1395

E : [email protected]