R Stahl AG
XHAM:RSL2
R Stahl AG
R. Stahl AG supplies electrical and electronic products and systems for explosion protection. The company is headquartered in Waldenburg, Baden-Wuerttemberg and currently employs 1,672 full-time employees. The company offers a range of products and systems for explosion protection, such as explosion protected switches, pushbuttons and light fittings. Its product portfolio comprises lighting solutions, installation equipment, control stations and control devices, installation equipment and accessories, signaling devices, load discount switches and motor starters, components for system solutions, applications for low voltage systems, isolators, safety batteries, operating and monitoring systems, components for heating systems, camera and surveillance systems, wireless solutions, marine solutions, and software solution Product Environmental Compliance (PEC). The company serves customers from the gas and oil industry and the chemical and pharmaceuticals industry, as well as for sewage treatment plants, water conditioning plants and distilleries.
R. Stahl AG supplies electrical and electronic products and systems for explosion protection. The company is headquartered in Waldenburg, Baden-Wuerttemberg and currently employs 1,672 full-time employees. The company offers a range of products and systems for explosion protection, such as explosion protected switches, pushbuttons and light fittings. Its product portfolio comprises lighting solutions, installation equipment, control stations and control devices, installation equipment and accessories, signaling devices, load discount switches and motor starters, components for system solutions, applications for low voltage systems, isolators, safety batteries, operating and monitoring systems, components for heating systems, camera and surveillance systems, wireless solutions, marine solutions, and software solution Product Environmental Compliance (PEC). The company serves customers from the gas and oil industry and the chemical and pharmaceuticals industry, as well as for sewage treatment plants, water conditioning plants and distilleries.
Sales Decline: Revenue fell by 10.1% year-on-year to EUR 78.6 million, with weakness in nearly all regions and industries.
Cost Savings Support Profit: Despite lower sales, EBITDA pre rose 28.8% to EUR 11.3 million and net profit increased to EUR 2.6 million, thanks to rigorous cost-cutting measures.
Free Cash Flow Impacted: Free cash flow dropped significantly to EUR 0.5 million, mainly due to higher working capital from inventory buildup.
Order Momentum Weak: Order intake remained low at EUR 72.2 million, and management sees only the LNG sector as stable, with most industries under pressure.
Guidance Unchanged: The company reiterated its 2025 outlook for sales (EUR 320–330 million), EBITDA pre (EUR 25–30 million), and balanced free cash flow.
Further Restructuring Possible: Additional cost-cutting, including workforce reductions or temporary hour cuts, may continue if market conditions do not improve.