R. STAHL Reports Major Sales & Profit Boost in 2023, Predicts More Growth in 2024

• R. STAHL AG reported significantly improved sales and profitability in 2023, with order intake increasing to €342.5 million (+9.3%), Group sales to €330.6 million (+20.5%), and EBITDA pre exceptionals to €38.6 million (+73.0%).
• The company's net income declined to €0.2 million due to a full impairment of the investment in ZAVOD Goreltex.
• R. STAHL's sales and order intake remained at a good level in the first quarter of 2024, although EBITDA pre exceptionals was below the previous year.
• For the full year 2024, the Executive Board expects sales to increase to between €335 million and €350 million and EBITDA pre exceptionals to be between €35 million and €45 million.
• The company experienced strong demand from the LNG and gas industry as well as the pharmaceutical sector in 2023, which contributed to its sales growth.
• Despite uncertainties due to geopolitical tension, R. STAHL forecasts further sales growth for 2024, backed by a high order backlog and good demand in the first quarter of the year.

The next important date, Publication Annual Financial Report, at R. Stahl is on 17.04.2024.

R. Stahl

0,00 %

+1,92 %

-5,36 %

+2,42 %

-0,93 %

-12,03 %

-12,79 %

-47,32 %

+18,59 %

ISIN:DE000A1PHBB5WKN:A1PHBB

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