EQS-Adhoc: Stabilus SE: Adjustment of forecast for the current fiscal year 2024

Dienstag, 11.06.2024 19:55 von DGAP - Aufrufe: 203

EQS-Ad-hoc: Stabilus SE / Key word(s): Forecast/Change in Forecast Stabilus SE: Adjustment of forecast for the current fiscal year 2024 11-Jun-2024 / 19:55 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.


Stabilus SE: Adjustment of forecast for the current fiscal year 2024 Koblenz, June 11, 2024 - Stabilus SE (WKN: STAB1L, ISIN: DE000STAB1L8) adjusts its forecast for the current fiscal year 2024 and now expects revenues in the range of €1.3 billion to € 1.35 billion and an adjusted EBIT margin[1] of 11.7% to 12.3%. According to current calculations, the company’s expectations are below its original forecast of €1.4 billion to €1.5 billion for revenues and 13% to 14% for the adjusted EBIT margin. Due to the challenging market environment, Stabilus had already specified its forecast to the lower end of the originally expected range for revenues and adjusted EBIT margin at the half-year stage. The adjusted forecast is based on a weaker-than-expected revenue development in Q3 FY2024 and a muted outlook for Q4 FY2024. This is primarily due to lower call-off quantities in the Automotive and Commercial Vehicles segments. According to the Management Board’s current assessment, due to the above-mentioned effects, the expected recovery in the second half of FY2024 will not materialize. ------------------------- [1] Cf. definition/calculation of KPI adjusted EBIT in our Interim Report H1 FY2024, page 20, that can be downloaded from the company’s website at ir.stabilus.com. End of ad-hoc announcement Investor contact: Andreas Schröder VP Investor Relations Tel.: +49 261 8900 8198 E-Mail: anschroeder@stabilus.com Web: ir.stabilus.com Press contact: Peter Steiner Tel.: +49 69 794090 27 E-Mail: Peter.Steiner@charlesbarker.de Charles Barker Corporate Communications  
End of Inside Information

11-Jun-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com


Language: English
Company: Stabilus SE
Wallersheimer Weg 100
56070 Koblenz
Germany
Phone: +49 261 8900 0
E-mail: investors@stabilus.com
Internet: group.stabilus.com
ISIN: DE000STAB1L8
WKN: STAB1L
Indices: MDAX
Listed: Regulated Market in Frankfurt; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1922935
 
End of Announcement EQS News Service

1922935  11-Jun-2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1922935&application_name=news&site_id=ariva~~~39966420-526c-497e-86dd-9f00819cbf2a
Werbung

Mehr Nachrichten kostenlos abonnieren

E-Mail-Adresse
Benachrichtigungen von ARIVA.DE
(Mit der Bestellung akzeptierst du die Datenschutzhinweise)

Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.


Andere Nutzer interessierten sich auch für folgende News

ARIVA.DE Redaktion Thumbnail
20.09.24 - ARIVA.DE Redaktion


Kurse

37,75
-3,45%
Stabilus SE Chart