DGAP-Adhoc: Ad-hoc-Announcement: Announcement of Mid-Term

New Post Public Reply Private Reply Replies (0) Message Board

News Desk 2018

May 8, 2014 at 2:30 AM

DGAP-Adhoc: Ad-hoc-Announcement: Announcement of Mid-Term Targets through 2016 - Confirmation of 2014 Forecast

R. Stahl AG / Key word(s): Forecast 08.05.2014 08:17 Dissemination of an Ad hoc announcement according to Â§ 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- As part of the publication of the results of the first quarter of 2014, R. STAHL is announcing mid-term targets for the period through 2016 for the first time. In light of the record level of order intake in the first quarter 2014, the Company furthermore confirms its forecast for the current fiscal year. During the current year, R. STAHL is implementing the third phase of its investment program, which amounts to a total of more than EUR 70 million for the period 2012 through 2014; thereof about EUR 25 million are foreseen for 2014. The Company is therefore announcing its mid-term targets for the first time, which reflect expectations of the strategic investments and the resulting growth and profitability potential. R. STAHL aims to increase sales to EUR 380 million to EUR 390 million by the end of 2016. This represents an average annual sales growth (CAGR 2013-2016) of 7.7 % to 8.6 %. The EBITDA margin is expected to be in a range between 15 % and 16 %, the EBIT margin is expected to develop in a range between 11 % and 12 %. In the first quarter of 2014, R. STAHL increased its order intake by 7.1 % to EUR 88.4 million compared to the previous year (EUR 82.6 million). Thus, new orders reached a record high in the first quarter. In light of the upward trend in order intakes and the positive dynamics in customer industries (especially oil and gas) and regions (particularly Asia/Pacific and the Americas), the Company confirms its forecast for the fiscal year 2014. R. STAHL aims at order intakes between EUR 325 million and EUR 335 million and at sales between EUR 315 million and EUR 325 million in the current fiscal year. Earnings growth will be influenced by the planned investments in 2014. Therefore, R. STAHL expects earnings before interest and taxes (EBIT) of between EUR 24 million and EUR 26 million for 2014. In order to realize its objectives for 2014 as well as for 2016, R. STAHL will continue to pursue the key elements of its corporate strategy. These include: the accelerated development of innovative products and systems for explosion protection and the expansion of its presence in customer industries and growth regions. Moreover, the Company is constantly working to strengthen its position as a technology leader. In addition, R. STAHL is focusing on continuously improving efficiency through process improvement and cost optimization. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: For further information: R. STAHL AG Am Bahnhof 30, 74638 Waldenburg (WÃ¼rtt. ) Bernd Marx (CFO) Phone: +49 7942 943-1271 Nathalie Dirian (Investor Relations) Phone: +49 7942 943-1395 e-mail: investornews@stahl.de 08.05.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: R. Stahl AG Am Bahnhof 30 74638 Waldenburg Germany Phone: +49 (7942) 943-0 Fax: +49 (7942) 943-4333 E-mail: info@stahl.de Internet: www.stahl.de ISIN: DE000A1PHBB5 WKN: A1PHBB Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart; Freiverkehr in Berlin, DÃ¼sseldorf, Hamburg, MÃ¼nchen End of Announcement DGAP News-Service ---------------------------------------------------------------------------

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Hitachi Energy: Spearheading Grid Management Transformation

Blasting through the tangled mess of modern power distribution, Hitachi Energy's got something to crow about. They've just been hailed as a Leader in the 2026 IDC MarketScape for their advanced distribution management systems (ADMS). It's a title that's worth the ink, not just for the bragging rights but for what their platform can do for today's utilities—facing down...

Rizzi Steps Down; Mogler Takes Helm at ALTOUR

Changes in Leadership: The ALTOUR Shakeup You know, in the travel world, shifts in leadership can be quite the rollercoaster ride. We're talking about some pretty big shoes to fill over at ALTOUR, with Gabe Rizzi stepping back after a decade of driving the company's dynamic evolution. He’s not entirely out of the picture, though. Rizzi’s going to hang around as a...

ARDX Shareholders Face Class Action Deadline Nov. 16

Spotlight on Ardelyx: The Legal Smoke Signal Ah, lawsuits. They're like bad weather for companies—sometimes, you know they're coming, and they still hit you hard. Ardelyx's investors who've been in the game from January 13, 2025, to August 6, 2026, are now dealing with just such a storm. What's the Lawsuit Racket? Faruqi & Faruqi, LLP, a securities law firm that seems...

Aspen Dental's Record-Breaking Day Serves Veterans

Setting a New Benchmark in Charity Care Well, hold onto your hats, because Aspen Dental just smashed it out of the park with their latest Day of Service effort, a barnburner of an event held on November 7, 2026. These folks went all out, delivering free dental care to more than 6,400 veterans in a single day—yeah, you read that right. The whole shebang was valued at a...

NatGold Aims Nasdaq Listing: Digital Gold Future?

NatGold's Bold Move Towards Nasdaq NatGold Digital's aiming to roll the dice on a Nasdaq Capital Market listing isn't just an administrative shuffle. They're talking about stepping into the big leagues with their quirky combo of digital gold mining and asset tokenization. Now, this might sound like just another press release, but trust me, whenever a company sets its...

Data Center Laminated Busbars: $0.66B Market by 2031

Shifts in Power: The Rise of Laminated Busbars Seeing the laminated busbar market trajectory kind of reminds me of watching a slow-boiling pot suddenly erupt. Projected to sprout from $0.31 billion in 2026 to $0.66 billion by 2031, it's like betting on a dark horse in the tech race that's finally hitting its stride. What's Driving Demand in Data Centers? With AI and cloud...

FIS Under Investigation: Legal Woes Hit Shareholders

When Forecasts Falter: A Reality Check for FIS Investors You ever get the feeling a company is just a bit too optimistic? Well, Fidelity National Information Services, Inc. (NYSE: FIS) might've been playing that game up until its recent fiscal hiccup. The mess started on November 4, 2026, when FIS decided to slash its fiscal 2026 adjusted EPS outlook. From a Wall Street...

CAE Boosts Fiscal 2027 Outlook; Transformation On Track

Revenue's down by a hair, but it's not as bleak as it seems. CAE Inc. (NASDAQ:CAE) just put its cards on the table for Q2 of fiscal 2027, and there's a mixed bag for us investors to chew over. Revenue dipped 2.6% year-over-year to $1,204.7 million. But hey, their adjusted EPS has climbed up to $0.33, a step up from $0.28 last year, which is a good sign of something right...

SolidRun Unveils Unified Platform for Industrial AI

SolidRun Steers the Future of Industrial AI SolidRun's newest venture appears as bold as a bull in a china shop, shaking up the industrial AI market with a comprehensive product line integrating NXP's i.MX 95 System-on-Modules and NVIDIA's Holoscan. What's the big deal? They're connecting the dots across the entire tech stack under one roof, flattening some hills that...

COP31 Highlights: Energy Transition's Role in Competition

Energy Transition: The New Competitive Edge Forget everything you thought you knew about energy as just a line item in an industry ledger. At the heart of the ongoing COP31 gathering in Antalya, Türkiye, is the revelation that energy has morphed into something greater—it's become the battleground for global competitive advantage. Ali Y. Koç didn't mince words when he...