Brief: Stabilus FY 2021 Net Profit Up At EUR 73.8 Mln

Stabilus SE

10/12/2021 06:07

Dec 10 (Reuters) - STABILUS SA  STAB.DE :
    * CONFIRMS PRELIMINARY FIGURES FOR FY2021 AND PROPOSES
DIVIDEND OF
€1.25 PER SHARE
    * FY PROFIT 73.8 MILLION EUR
    * FY REVENUE 937.7 MILLION EUR
    * DIVIDEND OF EUR 1.25 PER SHARE PROPOSED (FY2020 DIVIDEND:
EUR
0.50)
    * REVENUE OF EUR 940 MILLION TO EUR 990 MILLION EXPECTED FOR
FY2022 WITH AN ADJUSTED EBIT^ 1  MARGIN OF BETWEEN 14% AND 15%
    * ADJUSTED EBIT^ 1  MARGIN IN FISCAL YEAR 2021 WAS 14.4%
(FY2020:
11.8%), AN IMPROVEMENT OF 260 BASIS POINTS OVER PREVIOUS YEAR.
    * NET PROFIT FOR FISCAL YEAR INCREASED BY 146.0% TO EUR 73.8
MILLION (FY2020: EUR 30.0 MILLION)

Source text for Eikon:  ID:nEQ5ZcbGVa 
Further company coverage:  STAB.DE 

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