Brief: Stabilus Q1 Result Down At EUR 14.3 Million

Stabilus SE

01/02/2021 06:07

Feb 1 (Reuters) - Stabilus SA  STAB.DE :
    * Q1 ADJUSTED EBIT^ 1  IN Q1 AT EUR 32.3 MILLION COMPARED TO
EUR
30.0 MILLION IN Q1 FY2020
    * Q1 RESULT AT EUR 14.3 MILLION (Q1 FY2020: EUR 16.4
MILLION) AND
FREE CASH FLOW BEFORE ACQUISITIONS (ADJUSTED. FCF^ 1 ) AT EUR
21.9 MILLION (Q1 FY2020: EUR 7.8 MILLION)
    * FORECAST FOR FY2021 WITH REVENUES OF EUR 850 MILLION TO
EUR 900
MILLION CONFIRMED WITH ADJUSTED EBIT^ 1 MARGIN OF 12 PERCENT TO
13 PERCENT

Source text for Eikon:  ID:nEQ7mMZ3Ha 
Further company coverage:  STAB.DE 

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