Stabilus S.A. (SBLUY)
| Previous close | 16.99 |
| Open | 16.57 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's range | 16.57 - 16.57 |
| 52-week range | 13.15 - 17.22 |
| Volume | 555 |
| Avg. volume | 407 |
| Market cap | 2.046B |
| Beta (5Y monthly) | 1.63 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.12 (0.72%) |
| Ex-dividend date | 11 Feb 2021 |
| 1y target est | N/A |
- EQS Group
Stabilus S.A.: Recovery continues in the second quarter of FY2021 in all divisions
DGAP-News: Stabilus S.A. / Key word(s): Quarter Results/Half Year Report03.05.2021 / 07:00 The issuer is solely responsible for the content of this announcement.CORPORATE NEWSStabilus S.A.: Recovery continues in the second quarter of FY2021 in all divisions- Preliminary figures confirmed with strong operating performance in the second quarter of FY2021: Revenues in Q2 increase organically by 15.2 percent to EUR 244.0 million - Adjusted EBIT[1] in Q2 at EUR 38.0 million compared to EUR 31.1 million in Q2 FY2020- Q2 result at EUR 25.9 million (Q2 FY2020: EUR 18.1 million) and free cash flow before acquisitions (Adj. FCF[1]) at EUR 28.8 million (Q2 FY2020: EUR 13.0 million)- As previously announced, forecast for FY2021 has been raised to revenues of EUR 900 million to EUR 950 million with an adjusted EBIT[1] margin of 13 percent to 15 percent Luxembourg/Koblenz, May 3, 2021 - Stabilus S.A. (ISIN: LU1066226637), one of the world's leading providers of motion control solutions for customers across a broad spectrum of industries, has today published its financial report for the second quarter of fiscal year 2021 (ended March 31, 2021) and has confirmed the preliminary figures published on April 12, 2021. After a good start to the 2021 fiscal year in the first quarter, the recovery continued in the second quarter. All divisions contributed to the positive development, with the Automotive Powerise business unit recording the strongest growth.Group revenue in the second quarter of FY2021 increased by 10.4 percent compared to the same quarter of the previous year to EUR 244.0 million (Q2 FY2020: EUR 221.0 million). Adjusted for currency effects, Group revenue increased by 15.2 percent.Dr. Michael Büchsner, CEO of Stabilus, said: "After a good start to the fiscal year, the continuation of this positive trend is even stronger in the second quarter. In addition to an outstanding development in the automotive sector, our industrial business also returned to growth. In view of the overall development in the first half of the year, we are therefore more optimistic about the fiscal year and have raised our forecast for revenues and the EBIT margin accordingly as previously announced. The issue of a promissory note (Schuldschein) for the first time in March and the positive development of free cash flow provide us with a comfortable level of liquidity and grant us flexibility in the implementation of our growth plans."Disproportionately strong automotive business in APAC drives growthIn the EMEA segment, revenues in Q2 FY2021 rose by 7.5 percent to EUR 127.3 million (Q2 FY2020: EUR 118.4 million). This was mainly due to a strong development of Automotive Powerise, which was driven by an increased installation rate and higher production figures at German OEMs. In addition, Stabilus recorded a noticeable recovery in the Industrial business in the region. Adjusted for currency effects, revenues increased in the EMEA segment in Q2 FY2021 by 8.3 percent. In the Americas segment, revenues increased by 2.1 percent year-on-year to EUR 84.4 million (Q2 FY2020: EUR 82.7 million). Adjusted for currency effects, revenues increased in the Americas in Q2 FY2021 by 13.2 percent, which benefitted above all from the strong business in Automotive Powerise. In the Asia-Pacific segment, the company reported an increase in revenues of 61.5 percent to EUR 32.3 million compared to the same quarter of the previous year (Q2 FY2020: EUR 20.0 million). Adjusted for currency effects, revenues in the region increased by 64.1 percent in Q2 FY2021. The strong development in the automotive business unit also contributed to growth in APAC, where both Automotive Powerise and Automotive Gas Spring contributed significantly to the development with organic growth rates of 120.5 percent and 60.8 percent, respectively, compared to the same quarter of the previous year.Strong recovery in the automotive business continues; Industrial back on a growth trackStabilus recorded double-digit organic growth rates in both the Automotive Gas Spring and Automotive Powerise business units in the second quarter of the 2021 fiscal year. In the Automotive Powerise division, which was once again able to significantly decouple from the situation in global automotive production, revenues rose by 19.2 percent to EUR 65.2 million in Q2 FY2021 (Q2 FY2020: EUR 54.7 million). In the Automotive Gas Spring business unit, the company recorded an increase of 8.4 percent to EUR 77.6 million (Q2 FY2020: EUR 71.6 million). Adjusted for currency effects, the increase in revenues in these business units was 26.8 percent and 12.7 percent, respectively.The Industrial business unit recorded an increase in revenues of 6.9 percent to EUR 101.2 million in Q2 FY2021 compared to the same quarter of the previous year (Q2 FY2020: EUR 94.7 million). Adjusted for currency effects, revenues increased by 10.6 percent. Stabilus recorded a strong recovery with double-digit growth rates in the market segments Distributors, Independent Aftermarket, E-commerce (DIAMEC) as well as Mobility.For Q2 FY2021 in total, the Industrial business unit accounted for 41 percent (Q2 FY2020: 43 percent) of Stabilus' Group revenue, and the two automotive business units Powerise and Gas Spring accounted for 59 percent (Q2 FY2020: 57 percent).Adjusted EBIT margin of 15.6 percent in the second quarterAdjusted operating profit (adjusted EBIT[1]) increased by 22.2 percent to EUR 38.0 million in Q2 FY2021 (Q2 FY2020: EUR 31.1 million). This corresponds to an adjusted EBIT margin of 15.6 percent, compared to 14.1 percent in the same quarter of the previous year, Q2 FY2020.In Q2 FY2021, profit was EUR 25.9 million, compared to EUR 18.1 million in the same quarter of the previous year. Free cash flow before acquisitions (Adj. FCF[1]) rose sharply to EUR 28.8 million, compared to EUR 13.0 million in Q2 FY2020.Forecast for fiscal year 2021 revised upwardsAs already communicated at the time of the publication of the preliminary figures on April 12, 2021, Stabilus is raising its forecast for the financial year 2021 against the backdrop of the business performance in the first half of FY2021. The company now expects revenues of between EUR 900 million and EUR 950 million (previously: EUR 850 million to 900 million euros) with an adjusted EBIT margin of 13 percent to 15 percent (previously: 12 percent to 13 percent).The interim report for the second quarter of fiscal 2021 is available in English and can be downloaded on the company's website at Investors / Financial Reports & Presentations.________________________[1] Cf. definition/calculation of KPI's 'adjusted EBIT' and 'free cash flow (FCF)' in the interim report for Q2 FY2021, pp. 9 and 14, that can be downloaded from the company's website at Investors / Financial Reports & Presentations. Investor contact:Andreas SchröderTel.: +352 286 770 21E-Mail: anschroeder@stabilus.comPress contact:Peter SteinerTel.: +49 69 794090 27E-Mail: stabilus@charlesbarker.de Charles Barker Corporate CommunicationsAbout StabilusStabilus is one of the world's leading providers of motion control solutions for customers across a broad spectrum of industries including mobility, health, recreation, furniture, energy, construction, industrial machinery and automation. With more than eight decades of demonstrated expertise, Stabilus offers reliable and innovative motion control solutions that enable, enhance and automate opening, closing, lifting, lowering and adjusting actions. The company's customized damping and vibration isolation technology protects against shocks, vibrations and noise. Employing a workforce of more than six thousand worldwide, the company has its operational headquarters in Koblenz, Germany. In the 2020 fiscal year, Stabilus has reported revenues of EUR 822.1 million. Stabilus has a global production network encompassing plants in eleven countries. Additionally, the Group maintains regional offices and relations to sales partners in over fifty countries in Europe, North and South America, as well as in Asia-Pacific. Stabilus S.A. is listed in the Prime Standard segment of the Frankfurt Stock Exchange and included in the SDAX index.Important NoticeThis press release may contain forward-looking statements based on current assumptions and forecasts made by Stabilus Group management and other information currently available to Stabilus. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here.03.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de 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: 1191403 End of News DGAP News Service
- EQS Group
Stabilus S.A.: Invitation to conference call on Q2 FY2021 results on May 3, 2021
DGAP-News: Stabilus S.A. / Key word(s): Quarter Results/Conference21.04.2021 / 09:48 The issuer is solely responsible for the content of this announcement.CORPORATE NEWSStabilus S.A.: Invitation to conference call on Q2 FY2021 results on May 3, 2021Luxembourg, April 21, 2021 - Stabilus S.A. (ISIN: LU1066226637) invites investors and analysts to a conference call on May 3, 2021, 10:30 a.m. CEST, on the occasion of the publication of its Q2 FY2021 results.In the conference call, the management board of Stabilus S.A. will present the company's development in the second quarter of fiscal year 2021 (ends September 30, 2021) by means of a presentation. The Q2 report and the corresponding presentation will be available on the company's website at www.ir.stabilus.com on May 3, 2021, at 7:00 a.m. CEST. Also, a Corporate News will be published on May 3, 2021, at 7:00 a.m. CEST.Information on the conference call:Date: May 3, 2021Time: 10:30 a.m. CESTParticipants from Stabilus S.A.: Dr. Michael Büchsner (CEO), Mark Wilhelms (CFO)Duration: ca. 60 minutes (incl. Q&A)Dial-ins: +32 2 588 43 69 Belgium +1 604 262 0714 Canada +45 69 91 82 67 Denmark +358 9 42720657 Finland +33 4 82 98 62 47 France +49 30 232531490 Germany +39 02 6006 3140 Italy +81 3 4540 2577 Japan +352 28 48 74 25 Luxembourg +31 40 744 1295 Netherlands +47 815 03 466 Norway +34 912 66 19 31 Spain +46 40 688 75 30 Sweden +41 43 550 14 52 Switzerland +44 20 3872 0882 United Kingdom +1 646 712 9911 United States of America It is not necessary to register for the conference call. The call will be held in English language.Further information is available on the company's website at www.ir.stabilus.com.Investor contact:Andreas SchröderTel.: +352 286 770 21E-Mail: anschroeder@stabilus.comPress contact:Peter SteinerTel.: +49 69 794090 27E-Mail: stabilus@charlesbarker.deCharles Barker Corporate Communications About StabilusStabilus is one of the world's leading providers of motion control solutions for customers across a broad spectrum of industries including mobility, health, recreation, furniture, energy, construction, industrial machinery and automation. With more than eight decades of demonstrated expertise, Stabilus offers reliable and innovative motion control solutions that enable, enhance and automate opening, closing, lifting, lowering and adjusting actions. The company's customized damping and vibration isolation technology protects against shocks, vibrations and noise. Employing a workforce of more than six thousand worldwide, the company has its operational headquarters in Koblenz, Germany. In the 2020 fiscal year, Stabilus has reported revenues of EUR 822.1 million. Stabilus has a global production network encompassing plants in eleven countries. Additionally, the Group maintains regional offices and relations to sales partners in over fifty countries in Europe, North and South America, as well as in Asia-Pacific. Stabilus S.A. is listed in the Prime Standard segment of the Frankfurt Stock Exchange and is included in the SDAX index.21.04.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de 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: 1187079 End of News DGAP News Service
- EQS Group
Stabilus issues its first promissory note (Schuldschein) in the amount of EUR 95 million
DGAP-News: Stabilus S.A. / Key word(s): Financing04.03.2021 / 07:00 The issuer is solely responsible for the content of this announcement.CORPORATE NEWS Stabilus issues its first promissory note (Schuldschein) in the amount of EUR 95 millionLuxembourg/Koblenz, March 4, 2021 - Stabilus GmbH in Koblenz has issued a promissory note (Schuldschein) with a volume of EUR 95 million guaranteed by Stabilus S.A. in Luxemburg (ISIN: LU1066226637). The issue was heavily oversubscribed, which enabled the Group to significantly increase the total volume compared to the initially planned EUR 50 million. The tranches of the Schuldschein loan with maturities of five and seven years each bear variable interest rates.Mark Wilhelms, CFO of Stabilus S.A., said: "We are pleased with Stabilus' successful Schuldschein debut on the capital market. The strong demand, which is also an expression of investor confidence in our stable business model, has enabled us to achieve spreads at the lower end of the marketing range, securing attractive financing conditions. The Schuldschein loan is part of our long-term financing strategy and also grants us flexibility in the implementation of our growth plans."The Stabilus long-term financing strategy is particularly focused on creating a balanced maturity profile, diversifying financing sources and providing the flexibility for the optimization of the costs of capital. The issue of the promissory note (Schuldschein) furthermore provides financial certainty for the period after the end of maturity of main existing loans in 2023.With more than 30 participating investors, most of them savings banks, the transaction was met with a very high level of demand. Around three quarters of the investors come from Germany and around one quarter from various European countries and Asia.The placement was arranged by Landesbank Hessen-Thüringen Girozentrale (Helaba). The transaction was conducted exclusively via the digital issuance platform vc trade.Investor Contact:Andreas SchröderTel.: +352 286 770 21E-Mail: anschroeder@stabilus.comPress Contact:Peter SteinerTel.: +49 69 794090 27E-Mail: Peter.Steiner@charlesbarker.deCharles Barker Corporate CommunicationsAbout StabilusAs one of the world's leading suppliers of gas springs, damping solutions and electromechanical drives, Stabilus has for eight decades been demonstrating its expertise in the automotive industry and a variety of other sectors. Gas springs, dampers and electromechanical POWERISE drives from Stabilus optimize opening, closing, lifting, lowering and adjusting operations, and also protect against vibrations. Employing a workforce of more than six thousand worldwide, the company has its operational headquarters in Koblenz. Stabilus reported sales revenues of EUR 822.1 million in the 2020 fiscal year. Stabilus has a global production network encompassing plants in eleven countries. Additionally, the Group maintains regional offices and relations to sales partners in over fifty countries in Europe, North and South America, and in Asia Pacific. Stabilus is listed in the Prime Standard segment of the Frankfurt Stock Exchange and included in the SDAX index.Important NoticeThis press release may contain forward-looking statements based on current assumptions and forecasts made by Stabilus Group management and other information currently available to Stabilus. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here.04.03.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de 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: 1172945 End of News DGAP News Service
