Brief: Stabilus: FY Adjusted EBIT Up At EUR 156.2 Mln

Stabilus SE

09/12/2022 06:09

Dec 9 (Reuters) - STABILUS SE  STM1.DE :
    * CONFIRMS PRELIMINARY FIGURES FOR FY2022 AND PROPOSES
DIVIDEND OF
€1.75 PER SHARE
    * FY PROFIT 104.3 MILLION EUR
    * FY REVENUE ROSE 19 PERCENT TO 1.116 BILLION EUR
    * DIVIDEND OF EUR 1.75 PER SHARE PROPOSED (FY2021: EUR 1.25)
    * FOR FY 2023 REVENUE OF EUR 1.1 BILLION TO EUR 1.2 BILLION
WITH
AN ADJUSTED EBIT MARGIN OF 13% TO 14% EXPECTED
    * CONTRACT WITH CEO EXTENDED EARLY FOR ANOTHER FOUR YEARS
UNTIL
AUTUMN 2027
    * PRELIMINARY RECORD REVENUE FIGURES CONFIRMED
    * ADJUSTED OPERATING PROFIT (ADJUSTED EBIT) INCREASED BY
15.7% TO
EUR 156.2 MILLION IN FY2022 (FY2021: EUR 135.0 MILLION)

Source text for Eikon:  ID:nEQ36pHsMa 
Further company coverage:  STM1.DE 
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