R. STAHL AG Provides Earnings Guidance for the Year 2020
November 12, 2020 at 01:00 am EST
Share
R. STAHL AG provided earnings guidance for the year 2020. For the period On the basis of the business development in the first ten months of this year, the current situation suggests that it will no longer be possible to achieve the sales target of at least EUR 60 million for EUR 2020 that have communicated until recently. Consequently, the Executive Board adapts the sales outlook for 2020 to a range between EUR 242 million and EUR 248 million.
R Stahl AG is a Germany-based technology company. It 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). It 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.