R. STAHL AG Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 06, 2023 at 09:06 pm EST
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R. STAHL AG reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EUR 87.01 million compared to EUR 74.92 million a year ago. Revenue was EUR 89.25 million compared to EUR 75.96 million a year ago. Net income was EUR 6.21 million compared to EUR 5.2 million a year ago. Basic earnings per share from continuing operations was EUR 0.96 compared to EUR 0.8 a year ago.
For the nine months, sales was EUR 243.9 million compared to EUR 206.26 million a year ago. Revenue was EUR 251 million compared to EUR 209.83 million a year ago. Net income was EUR 11.93 million compared to net loss of EUR 1.07 million a year ago. Basic earnings per share from continuing operations was EUR 1.85 compared to basic loss per share from continuing operations of EUR 0.17 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 
