Brief: Stabilus Q3 Revenue At EUR 350.7 Mln

Stabilus SE

29/07/2024 06:04

July 29 (Reuters) - STABILUS SE  STM1.DE :
    * STABILUS SE CONSOLIDATES DESTACO FOR THE FIRST TIME,
INCREASING
BOTH ITS REVENUE AND RESULT IN Q3 FY2024
    * STABILUS SE - UPDATED FORECAST OF JUNE 2024 IS CONFIRMED
AND
INTEGRATION OF DESTACO IS FULLY ON TRACK
    * STABILUS SE SAYS REVENUE GROWTH OF 14.4% TO EUR 350.7
MILLION IN
Q3 FY2024 (Q3 FY2023: EUR 306.5 MILLION)
    * STABILUS SE - Q3 RESULT AT EUR 24.3 MILLION (Q3 FY2023:
EUR 21.7
MILLION)
    * STABILUS SE SAYS ADJUSTED EBIT 1 IN Q3 FY2024 AT EUR 43.1
MILLION COMPARED TO EUR 41.9 MILLION IN Q3 FY2023
    * STABILUS SE - Q3 ADJUSTED FCF 1 AT EUR 37.9 MILLION (Q3
FY2023:
EUR 48.3 MILLION)
    * STABILUS SE - ADJUSTED EBIT MARGIN OF 12.3% IN Q3 FY2024

Source text for Eikon:  ID:nEQ92cVsna 
Further company coverage:  STM1.DE 

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