DGAP-News
Stabilus S.A. continues profitable growth in fiscal year 2015 and increases revenue by 20.5% to EUR 611.3 million according to preliminary figures - Seite 2
million. The markets Industrial (+4.9% to EUR 149.3 million) and Swivel
Chair (+14.5% to EUR 27.7 million) also saw solid growth rates.
According to preliminary figures, EBITDA (adjusted for non-recurring
effects) increased by 16.0% to EUR 107.3 million compared to EUR 92.5
million in the previous year. Adjusted operating profit (adjusted EBIT)
increased by 17.1% to EUR 76.2 million compared to EUR 65.1 million in the
previous year. At 12.5%, the adjusted EBIT margin was thus within the
targeted corridor of 12% and 13% as planned.
Dietmar Siemssen, CEO of Stabilus, said: "We are very pleased with the
performance of our company in fiscal year 2015. We see an unbroken trend
towards increased usage of gas springs, hydraulic dampers and
electromechanical drives in a variety of industries. We plan to continue to
consistently implement our successful strategy, expand our market shares in
existing markets and tap new sales markets through innovative new solutions
and a convincing product pipeline. In order to accomplish these goals, we
have significantly invested in the expansion of our global production
capacities and in the area of research & development in the past fiscal
year. Additionally, we will opportunistically scan the market for possible
targeted acquisitions in fiscal year 2016 which could further add to our
planned organic growth."
Mark Wilhelms, CFO of Stabilus, added: "To prepare ourselves for our future
growth, we have renewed our setup on the financing side and have created
additional leeway in line with our improved profitability. In December
2014, we took advantage of the attractive interest rate environment for a
long-term refinancing, which we used to redeem our high yield bond in June
2015. As a result, our interest burden will be reduced by around 13 million
euros annually compared to the previous structure. Already in the current
fiscal year, the lower interest charges will have a significant positive
effect on earnings."
For fiscal year 2016, Stabilus S.A. expects to generate revenue of around
EUR 660 million with an adjusted EBIT margin between 12% and 13%.
Further information and a presentation on the preliminary figures for
fiscal year 2015 are available online in the Investor Relations area.
Stabilus S.A. will publish the final figures and the annual report for
fiscal year 2015 on December 21, 2015.
Press Contact: Investor Relations Contact:
Charles Barker Corporate Communications GmbH Andreas Schröder
Tobias Eberle Tel.: +352 286 770 21
Diskutieren Sie über die enthaltenen Werte
Aktuelle Themen
Weitere Artikel des Autors
1 im Artikel enthaltener WertIm Artikel enthaltene Werte