DGAP-News

R. STAHL publishes the results for the first quarter 2016

DGAP-News: R. Stahl AG / Key word(s): Quarterly / Interim
Statement/Conference
R. STAHL publishes the results for the first quarter 2016

10.05.2016 / 09:10
The issuer is solely responsible for the content of this announcement.

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PRESSEINFORMATION / PRESS RELEASE

R. STAHL publishes the results for the first quarter 2016
- Development of the oil price confirms expectations

- Sales as planned

- EBIT within the target corridor, thanks to the cost reduction programme

- Improved cash flow

Waldenburg, 10 May 2016 - R. STAHL, leading supplier of products and
systems for explosion protection, today publishes the results for the first
quarter 2016:

- Order intake reached EUR 70.8 m (previous year: EUR 88.4 m)

- At EUR 71.7 m, sales was as planned (previous year: EUR 82.2 m)

- Earnings before interest and taxes (EBIT) reached EUR 3.3 m (previous
year: EUR 4.1 m); EBIT margin was at 4.6 % (previous year: 5.0 %)

R. STAHL's expectations in regard to the oil price development were
confirmed in the first quarter of 2016. With an early adjustment of the
cost side of the company, the foundation has already been laid in the
second half of 2015 to be profitable again in 2016. Thanks to intensified
sales activities and innovative products,
R. STAHL could win orders in new customer segments, outside of the oil and
gas industry, in the first quarter of 2016. The expert in explosion
protection is a reliable partner for its customers, in difficult economic
times as well - with its expertise,
R. STAHL advises its customers on new technologies and system solutions so
that the customers can achieve long-term savings potentials.

Oil price dampens order intake
As expected, order intake did not reach the high level of the previous
year, due to an oil price development that is unfavourable for R. STAHL. In
Germany, order intake was EUR 16.3 m (previous year: EUR 17.8 m).
Favourable news is that for the first time, a municipality became an R.
STAHL customer in the reporting period. Furthermore, R. STAHL could win an
attractive order on the delivery of cameras for the monitoring of a German
tank farm in Full HD. In the central region (excl. Germany), order volume,
EUR 32.1 m, was on last year's level (previous year:
EUR 32.4 m). In the Americas, the market situation remained strained: order
intake at EUR 9.0 m could not achieve last year's level (previous year: EUR
14.4 m). However, the company could win some follow-up orders of oil