Interim Report

Q3 2O2O

R. STAHL - Interim Report Q3 202010

This report is available in German and English language. Both versions can also be found online on our corporate website www.r-stahl.comunder Corporate/Investor Relations/Financial Reports. It contains forward-looking statements based on assumptions and estimates of R. STAHL's management. Although we assume that the expectations of these forward-looking statements are realistic, we cannot guarantee that these expectations will prove to be correct. The assumptions may involve risks and uncertainties that could cause the actual results to differ materially from the forward-looking statements. Factors that may cause such discrepancies include: changes in the macroeconomic and business environment, exchange rate and interest rate fluctuations, the roll-out of competing products, a lack of acceptance of new products or services, and changes in business strategy. R. STAHL does not plan to update these forward-looking statements nor does it accept any obligation to do so.

The contents of this press release are intended to address all genders. For the sake of readability and without any intent to discriminate, only the male form will be used.

Rounding differences and rates of change

Percentages and figures in this report may include rounding differences. The signs used to indicate rates of change are based on economic aspects: improvements are indicated by a "+" sign, deteriorations by a "-" sign. Rates of change >+100% are shown as >+100%, rates of change <-100% as "n/a" (not applicable).

R. STAHL - Interim Report Q3 202010

R. STAHL GROUP

Key Figures

Change

Change

in € million

Q3 2020

Q3 2019

in %

9M 2020

9M 2019

in %

Sales

59.6

71.3

-16.4

184.4

204.3

-9.7

Germany

15.5

15.7

-1.7

47.3

46.4

+2.0

Central region 1)

26.8

31.8

-15.8

84.6

91.5

-7.5

Americas

6.0

9.6

-37.9

18.6

25.4

-26.6

Asia/Pacific

11.3

14.1

-19.7

33.8

41.0

-17.5

Order backlog as of 30 September

74.2

71.2

+4.2

EBITDA pre exceptionals 2)

5.0

10.4

-52.0

13.6

23.5

-42.0

EBITDA margin pre exceptionals 2)

8.3%

14.5%

7.4%

11.5%

EBITDA

4.9

9.0

-45.9

13.1

19.4

-32.7

EBIT

0.8

4.6

-81.6

0.7

6.5

-88.7

Net profit

-0.6

3.3

n/a

-3.2

2.6

n/a

Earnings per share (in €)

-0.09

0.50

n/a

-0.50

0.40

n/a

Cash flow from operating activities

7.3

6.1

+19.7

9.8

16.2

-39.2

Depreciation and amortization

4.0

4.4

-9.1

12.3

13.0

-4.8

Capital expenditures

3.7

3.2

+16.6

8.7

7.9

+10.2

30 Sep.

31 Dec.

Change

2020

2019

in %

Total assets

256.8

259.4

-1.0

Equity

50.2

58.4

-14.0

Equity ratio

19.6%

22.5%

Net financial debt 3)

8.6

4.2

>+100

Net financial debt incl. lease liabilities pursuant to IFRS 16

36.1

36.0

+0.5

Employees 4)

1,688

1,669

+1.1

  1. Africa and Europe excl. Germany
  2. Exceptionals: restructuring charges, non-scheduled depreciation and amortization, charges for design and implementation of IT-projects, M&A costs as well as profit and loss from the disposal of non-current assets no longer required for business operations
  3. excl. pension provision and excluding lease liabilities
  4. excl. apprentices

R. STAHL - Interim Report Q3 202010

1

INTERIM REPORT

of R. Stahl Aktiengesellschaft for the period 1 January 2020 through 30 September 2020

CONTENTS

2

3

Key topics in the reporting period

Group management report

10 Consolidated financial statements

15 Selected explanatory notes

17

Financial calendar and contact

R. STAHL - Interim Report Q3 202010

2

KEY TOPICS IN THE

REPORTING PERIOD

  • First virtual shareholders meeting at R. STAHL ap- proves all the agenda items - Harald Rönn elected as a new member of the Supervisory Board

First virtual shareholders meeting at R. STAHL approves all agenda items - Harald Rönn elected as a new member of the Supervisory Board

The 27th Ordinary Shareholders Meeting at

R. STAHL AG, which was held for the first time as a virtual event on 30 July 2020, concluded with the approval of all the agenda items. As well as the approval of the Executive Board and the Supervisory Board, Mr Harald Rönn was elected as a new member of the Supervisory Board. Moreover, the auditing company BDO AG, Hamburg was re-elected as the auditor of the Financial Statements and the Consolidated Financial Statements for the year 2020. The shareholders also commissioned the company to acquire own shares with a volume of up to 10% of the share capital by July 2025.

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original document
  • Permalink

Disclaimer

R. Stahl AG published this content on 15 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 April 2021 06:30:04 UTC.