Brief: R Stahl Q1 Net Loss Of EUR 2.5 Mln

R. Stahl AG

11/05/2021 06:11

May 11 (Reuters) - R STAHL AG  RSL2.DE :
    * Q1 SALES FELL 10.6 PERCENT TO 58.2 MILLION EUR
    * FORECAST FOR 2021 DETAILED: SALES BETWEEN EUR 250 MILLION
AND
EUR 256 MILLION, EBITDA PRE EXCEPTIONALS BETWEEN EUR 17 MILLION
AND EUR 19 MILLION
    * Q1 NET PROFIT DECREASES BY EUR 1.9 MILLION TO EUR -2.5
MILLION
(Q1 2020: EUR -0.6 MILLION) AND EARNINGS PER SHARE TO EUR -0.39
(Q1 2020: EUR -0.10)
    * Q1 EBITDA PRE EXCEPTIONALS DECLINES BY EUR 2.1 MILLION TO
EUR
2.7 MILLION (Q1 2020: EUR 4.7 MILLION) - ONGOING COST
ADJUSTMENTS CONTINUE TO NOTICEABLY CUSHION IMPACT OF WEAK SALES
DEVELOPMENT
    * Q1 - SALES OF EUR 58.2 MILLION IN Q1 2021, STILL DOWN
10.6% OR
EUR 6.9 MILLION YEAR-ON-YEAR (Q1 2020: EUR 65.1 MILLION)

Source text for Eikon:  ID:nEQ6c4gr0a 
Further company coverage:  RSL2.DE 

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