- Sales of EUR268.5 million slightly above guidance
- EBIT pre exceptionals of EUR-5.4 million in upper half of guidance range
- Preliminary net profit of EUR-21.2 million below market expectations
Waldenburg, March 2, 2018. R. STAHL, leading supplier of products and systems for explosion protection, today publishes preliminary figures for fiscal year 2017. Sales are expected to come in at EUR268.5 million in the period under review and EBIT pre exceptionals at EUR-5.4 million. As a result, sales are slightly above the most recently adjusted guidance range of EUR262 million to EUR267 million while EBIT pre exceptionals is in the upper half of the guidance corridor of EUR-8 million to EUR-4 million. With EUR-21.2 million, preliminary net profit is below market expectations. This is primarily driven by adjustments related to the recoverability of deferred taxes on loss carryforwards, which will result in an additional burden of around EUR11 million. In contrast to the decline in sales and earnings, order backlog increased 14.5% to EUR92.3 million compared to the end of the previous year (December 31, 2016: EUR80.7 million).
Contact:
R. STAHL Aktiengesellschaft
Am Bahnhof 30, 74638 Waldenburg (Wuertt.)
Dr. Thomas Kornek
Head of Investor Relations & Corporate Communications
F: +49 7942 943-1395
E: [email protected]