R. STAHL AG Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 09:17 pm EDT
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R. STAHL AG reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was EUR 77.69 million compared to EUR 68.86 million a year ago. Revenue was EUR 79.64 million compared to EUR 67.33 million a year ago. Net income was EUR 1.83 million compared to net loss of EUR 0.867 million a year ago. Basic earnings per share from continuing operations was EUR 0.29 compared to basic loss per share from continuing operations of EUR 0.13 a year ago.
For the six months, sales was EUR 156.89 million compared to EUR 131.34 million a year ago. Revenue was EUR 161.75 million compared to EUR 133.87 million a year ago. Net income was EUR 5.72 million compared to net loss of EUR 6.28 million a year ago. Basic earnings per share from continuing operations was EUR 0.89 compared to basic loss per share from continuing operations of EUR 0.97 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.
R. STAHL AG 
