Waldenburg, 28 February 2019 - R. STAHL, leading supplier of products and systems for explosion protection, today publishes preliminary figures for fiscal year 2018.
In the period under review, sales presumably grew 4.3% to EUR280.1m (FY2017: EUR268.5m). 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 EUR9m, preliminary EBITDA pre exceptionals is at EUR15.2m (FY2017: EUR5.8m) in line with the recently lifted guidance. Exceptionals will amount to EUR-6.2m (FY2017: EUR-4.0m) including impairments of EUR0.4m (FY2017: EUR0.5m). Also net profit will come in as expected, growing by around EUR14m to EUR-7.0m (FY2017: EUR-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.
1) Preliminary figures; the final and full figures as well as the Annual Report 2018 will be released on 26 April 2019.
About R. STAHL - www.r-stahl.com
28.02.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|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|
|End of News||DGAP News Service|