Brief: R Stahl FY sales up 1.4 pct at EUR 312.9 mln

R. Stahl AG

26/02/2016 08:06

Feb 26 (Reuters) - R Stahl AG  RSL2.DE : 
    * FY sales increase by 1.4 pct compared to previous year to 312.9 million euros ($345.4 
million) (previous year: 308.5 million euros). 
    * FY order intake reaches 317.3 million euros (previous year: 335.2 million euros; down 5.4 
pct) 
    * Order backlog on a record high on Dec. 31, 2015, at 95.2 million euros (previous year: 
90.5 million euros; up 5.2 pct) 
    * Cost savings amounting to about 20 million euros are expected for fiscal year 2016 
    * FY EBIT declines to 3.9 million euros (previous year: 18.3 million euros; down 78.9 pct), 
EBIT margin at 1.2 pct (previous year: 5.9 pct) 
    * For 2016, assumes sales between 280 million to 290 million euros, with an EBIT margin 
between 5 pct and 7 pct 
    * Especially in region Asia/Pacific, sees a large potential for growth 
 
Source text for Eikon:  ID:nEQ5gtVNYa  
Further company coverage:  RSL2.DE  
 
($1 = 0.9058 euros) 
 
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