Stabilus slides after profit outlook cut

Stabilus SE

19/09/2025 08:09

** Shares in Stabilus STM1.DE are down around 3% after the auto supplier cut its net profit outlook below market estimates as it announced job cuts and other savings measures

** Stabilus said it would cut 450 jobs, mainly in the EMEA and Americas regions, streamline its organizational structure and optimise production footprint as it aims for about 19 million savings in 2027 and recurring savings of around 32 million euros from 2028

** It now expects net profit of around 25 million euros, below current market expectations of 47.1 million euros seen in Vara consensus, while confirming guidance for revenues, EBIT and free cash flow

(Reporting by Emanuele Berro)

((emanuele.berro@thomsonreuters.com))