Waldenburg, 13 December 2022 - Demand for R. STAHL’s explosion protection products continued to grow in the fourth quarter after gaining significant momentum in the third quarter. In terms of sales, improvements in transport capacities and numerous supply chains are having a particularly positive impact. Only the procurement situation for electronic components remains challenging.
After the third quarter of 2022, R. STAHL had generated Group sales of € 202.5 million and EBITDA pre exceptionals of € 16.6 million and confirmed its full-year guidance which had been detailed again at the half-year. Accordingly, the Executive Board expected Group sales for 2022 to be somewhere between € 270 million and € 275 million, with EBITDA pre exceptionals of between € 18 million and € 21 million. As a result of the continued strong demand from all sales markets relevant to R. STAHL and a slight improvement in supply chains, the Executive Board now expects full-year sales for 2022 to be between € 273 million and € 278 million, with EBITDA pre exceptionals of between € 21 million and € 24 million. Free cash flow is expected to be in the mid single-digit negative million euro range.
Publication of the preliminary figures for 2022 is scheduled for 16 February 2023.
About R. STAHL - www.r-stahl.com
Typical customers are the chemical and pharmaceutical industry, the oil & gas industry - including LNG applications - as well as the food and beverage industry. Most of the R. STAHL products are also approved for use with hydrogen. In 2021 global sales amounting to around €248 million were generated by 1,672 employees. The shares of R. STAHL AG are traded on the Regulated Market/Prime Standard of Deutsche Boerse (ISIN DE000A1PHBB5).
R. STAHL AG
Director Investor Relations & Corporate Communications
Am Bahnhof 30
74638 Waldenburg (Württ.)
13-Dec-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|Company:||R. Stahl AG|
|Am Bahnhof 30|
|Phone:||+49 (7942) 943-0|
|Fax:||+49 (7942) 943-4333|
|Listed:||Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Tradegate Exchange|
|EQS News ID:||1512123|
|End of Announcement||EQS News Service|