R. STAHL AG Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022 at 09:14 pm EDT
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R. STAHL AG reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was EUR 68.86 million compared to EUR 65.83 million a year ago. Revenue was EUR 67.33 million compared to EUR 63.2 million a year ago. Net loss was EUR 0.867 million compared to EUR 1.2 million a year ago. Basic loss per share from continuing operations was EUR 0.13 compared to EUR 0.19 a year ago.
For the six months, sales was EUR 131.34 million compared to EUR 125.31 million a year ago. Revenue was EUR 133.87 million compared to EUR 124.5 million a year ago. Net loss was EUR 6.28 million compared to EUR 3.71 million a year ago. Basic loss per share from continuing operations was EUR 0.97 compared to EUR 0.58 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.