R. STAHL AG:Ad hoc: Optimization measures show effect: Significant increase in sales and order intake at R. STAHL - Forecast revised due to project delays
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R. STAHL AG /
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Ad hoc: Optimization measures show effect: Significant increase in sales and
order intake at R. STAHL - Forecast revised due to project delays
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The issuer is solely responsible for the content of this announcement.
Waldenburg, 14 November 2011 - A continuously positive economic environment
characterized the course of the third quarter of 2011 at R. STAHL. The company
could significantly increase order intake and sales. In the third quarter 2011,
order intake achieved ? 194.7 million (previous year: ? 166.0 million). This
corresponds to an increase of 17.3% compared to previous year's period.
Earnings: Optimization measures show effect
Compared to the first half of 2011, the earnings margins of R. STAHL improved,
however, they still do not reach last year's figures. As already reported, after
restructuring its production processes, the company, based in Waldenburg, could
not realize sales as planned. A task force, that has then been set up, works on
optimizing the production processes. With earnings before taxes (EBT) of ? 11.2
million (previous year: ? 10.7 million) and an operating EBT margin of 6.3%
(previous year: 6.5%) the first success of these optimization measures can be
seen. Earnings after taxes at ? 7.8 million (previous year: ? 7.2 million) are
8.1% higher than last year.
Forecast revised
Despite the significant improvements, the company will slightly fall below the
forecast revenue corridor (? 240 million to ? 250 million) due to the delay of
projects that are to be delivered in 2012 and will achieve sales revenues
between ? 235 million and ? 240 million. In line with this development and
because of the productivity losses that cannot be completely made up for, R.
STAHL anticipates consolidated earnings before taxes amounting to ? 14 million
to ? 16 million (originally: ? 17 million to ? 19 million). For the future, the
company expects long-term improvements in efficiency from the continuous
optimization of processes and assumes to be able to further increase EBIT margin
in 2012 after having completely caught up on the processing backlog.
The detailed interim report on the third quarter will be published in the course
of the morning.
If you have any questions please contact:
R. STAHL AG
Communications / Investor Relations
Tanja Schrickel
Am Bahnhof 30, 74638 Waldenburg (Württ. )
Phone: 07942.943-1217, Fax: 07942.943-40 1217,
e-mail: tanja.schrickel(at)stahl.de
--- End of Message ---
R. STAHL AG
Am Bahnhof 30 Waldenburg Germany
WKN: 725772;ISIN: DE0007257727;
Listed: Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg,
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Source: R. STAHL AG via Thomson Reuters ONE
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Unternehmensinformation / Kurzprofil:
Datum: 14.11.2011 - 09:02 Uhr
Sprache: Deutsch
News-ID 87233
Anzahl Zeichen: 3830
contact information:
Town:
Waldenburg
Kategorie:
Business News
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