R. STAHL AG Provides Earnings Guidance for the Year 2021
May 11, 2021 at 01:00 am EDT
Share
R. STAHL AG provided earnings guidance for the year 2021. For 2021, the company expects sales to increase to between €250 million and €256 million, with a weaker first half of the year followed by a significantly stronger second half. The company anticipated year-on-year sales growth in the low single-digit percentage range for 2021, a development that should gain momentum in the course of the year.
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.