Brief: Stabilus SE With Adjusted Ebit In Q2 At EUR 40.8 Mln

Stabilus SE

02/05/2023 06:08

May 2 (Reuters) - STABILUS SE  STM1.DE :
    * STABILUS SE CONTINUES GROWTH TRAJECTORY IN THE SECOND
QUARTER OF
FY2023
    * REVENUE GROWTH OF 10.5% INCREASES REVENUE IN Q2 OF FY2023
TO EUR
310.6 MILLION
    * ADJUSTED EBIT IN Q2 AT EUR 40.8 MILLION, AFTER EUR 39.3
MILLION
IN Q2 FY2022
    * REVENUE GROWTH OF 10.5% INCREASES REVENUE IN Q2 OF FY2023
TO EUR
310.6 MILLION (Q2 FY2022: EUR 281.2 MILLION)
    * FORECAST CONFIRMED FOR FY2023 WITH REVENUE OF EUR 1.1
BILLION TO
EUR 1.2 BILLION AND AN ADJUSTED EBIT MARGIN OF 13% TO 14%
    * Q2 RESULT OF EUR 42.6 MILLION (Q2 FY2022: EUR 26.2
MILLION) AND
FREE CASH FLOW BEFORE ACQUISITIONS (ADJUSTED. FCF) AT EUR 12.1
MILLION (Q2 FY2022: EUR 10.2 MILLION)
    * ADJUSTED OPERATING PROFIT (ADJUSTED EBIT) INCREASED BY
3.8% TO
EUR 40.8 MILLION IN Q2 FY2023

Source text for Eikon:  ID:nEQ1G3K4Ma 
Further company coverage:  STM1.DE 

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