EQS-News
R. STAHL sales and order intake at a high level in the first quarter of 2024
- R. STAHL sales and order intake remain high in Q1 2024
- Order intake close to previous year's level at € 92.3 million
- Sales up 8.5% year-on-year to € 84.7 million
EQS-News: R. Stahl AG / Key word(s): Quarterly / Interim Statement/Quarter Results R. STAHL sales and order intake at a high level in the first quarter of 2024 |
- At € 92.3 million, order intake in the first quarter of 2024 were close to the extremely high level of the previous year (€ 96.7 million) and significantly higher than the figure for the fourth quarter of 2023 (€ 74.5 million).
- Sales up 8.5% year-on-year to € 84.7 million from January to March.
- One-time items push profitability below the strong figure from the previous year EBITDA pre exceptionals decreased from € 10.4 million in the previous year to € 8.4 million in the first three months of 2024. This resulted in an EBITDA margin pre exceptionals of 9.9% (previous year: 13.3 %).
- For 2024, R. STAHL expects sales to increase to between € 335 million and € 350 million and EBITDA pre exceptionals of between € 35 million and € 40 million.
Waldenburg, 10 May 2024 – R. STAHL got off to a strong start in financial year 2024. Demand for the company’s products and services picked up again in nearly all regions and sectors in the first quarter of 2024, after development in the fourth quarter of 2023 was somewhat subdued.
Order intake of € 92.3 million at a high level – order backlog increases to € 122.0 million
The increased willingness on the part of customers to invest led to an order intake of € 92.3 million from January to March 2024. Although this figure was down 4.6% on the high prior-year figure of € 96.7 million, it was significantly higher than the order volume for the fourth quarter of 2023 (€ 74.5 million). While the order situation in the Central region (Africa, Europe not including Germany) remained virtually unchanged in the first quarter compared to the previous year, the order volume in Germany (-10.6%), the Americas