DGAP-Adhoc: Stabilus S.A.: Q4 of FY2020 stronger than anticipated - publication of preliminary revenue figures and adjusted EBIT margin

2020. október 09., péntek, 19:02





DGAP-Ad-hoc: Stabilus S.A. / Key word(s): Preliminary Results


Stabilus S.A.: Q4 of FY2020 stronger than anticipated - publication of preliminary revenue figures and adjusted EBIT margin


09-Oct-2020 / 19:02 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.




Stabilus S.A.: Q4 of FY2020 stronger than anticipated - publication of preliminary revenue figures and adjusted EBIT margin



Koblenz/Luxembourg, October 9, 2020 - On the basis of preliminary figures, Stabilus S.A. (ISIN: LU1066226637), has achieved a stronger fourth quarter of fiscal 2020 (ended September 30, 2020) than previously anticipated. In particular, a recovery of the global light vehicle production contributed to this result. Correspondingly, on the basis of preliminary figures the company was able to generate revenues of 822 million Euro in fiscal 2020 at an adjusted EBIT margin of about 11.7 percent.



The most recent guidance published in the course of Stabilus"s Q3 results expected full year revenues of ca. 800 million Euro at an adjusted EBIT margin of approx. 11 percent.



Stabilus S.A. will publish its full preliminary figures for fiscal 2020 as planned on November 13, 2020.



# End of ad hoc announcement #



 



Investor Contact:

Andreas Schröder

Group Financial Reporting Director

Tel.: +352 286 770 21

E-Mail: anschroeder@stabilus.com



Press Contact:

Tobias Eberle

Tel.: +49 69 794090 24

E-Mail: Tobias.Eberle@charlesbarker.de

Charles Barker Corporate Communications



 











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Language: English
Company: Stabilus S.A.

2, rue Albert Borschette

L-1246 Luxembourg

Luxemburg
Phone: +352 286 770 1
Fax: +352 286 770 99
E-mail: info.lu@stabilus.com
Internet: www.stabilus.com
ISIN: LU1066226637
WKN: A113Q5
Indices: SDAX
Listed: Regulated Market in Frankfurt; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1140087





 
End of Announcement DGAP News Service




1140087  09-Oct-2020 CET/CEST







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