Brief: Stabilus Q2 Profit Of EUR 26.2 Million

Stabilus SE

02/05/2022 06:05

May 2 (Reuters) - STABILUS SE  STAB.DE :
    * ACHIEVED RECORD REVENUE IN THE SECOND QUARTER OF FY2022
    * Q2 REVENUE ROSE 15.2 PERCENT TO 281.2 MILLION EUR
    * ADJUSTED EBIT^ 1  IN Q2 AT EUR 39.3 MILLION, AFTER EUR
38.0
MILLION IN Q2 FY2021
    * FORECAST CONFIRMED FOR FY2022 WITH REVENUE OF EUR 940
MILLION TO
EUR 990 MILLION AND AN ADJUSTED EBIT^ 1  MARGIN OF 14% TO 15%
    * Q2 RESULT AT EUR 26.2 MILLION
    * DOUBLE-DIGIT ORGANIC GROWTH OF 11.6% INCREASES REVENUE IN
Q2 OF
FY2022 TO RECORD LEVEL OF EUR 281.2 MILLION (Q2 FY2021: EUR
244.0 MILLION)
    * Q2 FREE CASH FLOW BEFORE ACQUISITIONS (ADJUSTED. FCF 1 )
DECLINED TO EUR 10.2 MILLION

Source text for Eikon:  ID:nEQ3004qxa 
Further company coverage:  STAB.DE 

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