R. STAHL AG Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021 at 09:08 pm EDT
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R. STAHL AG announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was EUR 63.199 million compared to EUR 61.743 million a year ago. Net loss was EUR 1.196 million compared to EUR 1.976 million a year ago. Basic loss per share from continuing operations was EUR 0.19 compared to EUR 0.31 a year ago. For the half year, total revenue was EUR 124.504 million compared to EUR 131.977 million a year ago. Net loss was EUR 3.705 million compared to EUR 2.616 million a year ago. Basic loss per share from continuing operations was EUR 0.58 compared to EUR 0.41 a year ago.
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.