Brief: Stabilus Q3 Adj. EBIT At EUR 30.9 Mln

Stabilus SE

02/08/2021 06:03

Aug 2 (Reuters) - STABILUS SA  STAB.DE :
    * ORGANIC REVENUE GROWTH OF 56 PERCENT IN THE THIRD QUARTER
OF
FY2021
    * Q3 REVENUE ROSE 56 PERCENT TO 228.7 MILLION EUR
    * REVENUE INCREASED ORGANICALLY BY 56.0 PERCENT TO EUR 228.7
MILLION IN Q3 FY2021, AFTER EUR 147.0 MILLION IN SAME QUARTER OF
PREVIOUS YEAR
    * ADJUSTED EBIT^ 1  IN Q3 AT EUR 30.9 MILLION, AFTER EUR 5.7
MILLION IN Q3 FY2020
    * Q3 RESULT AT EUR 15.9 MILLION (Q3 FY2020: EUR -16.4
MILLION) AND
FREE CASHFLOW BEFORE ACQUISITIONS (ADJUSTED. FCF^ 1 ) AT EUR
30.3 MILLION (Q3 FY2020: EUR -6.0 MILLION)
    * FORECAST FOR FY2021 WAS SPECIFIED AND NARROWED DOWN TO
REVENUE
OF EUR 930 MILLION TO EUR 950 MILLION (PREVIOUSLY: EUR 900
MILLION TO EUR 950 MILLION) WITH AN ADJUSTED EBIT^ 1  MARGIN OF
14 TO 15 PERCENT (PREVIOUSLY: 13 TO 15 PERCENT)

Source text for Eikon:  ID:nEQ1J2mYWa 
Further company coverage:  STAB.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))