R. Stahl Ag Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 02:14 am EST
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R. STAHL AG announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was EUR 59.588 million compared to EUR 71.299 million a year ago. Operating income was EUR 4.852 million compared to EUR 8.972 million a year ago. Net loss was EUR 617,000 compared to net income of EUR 3.219 million a year ago. Basic loss per share was EUR 0.09 compared to basic earnings per share of EUR 0.5 a year ago. For the nine months, sales was EUR 184.420 million compared to EUR 204.324 million a year ago. Operating income was EUR 13.077 million compared to EUR 19.430 million a year ago. Net loss was EUR 3.233 million compared to net income of EUR 2.570 million a year ago. Basic loss per share was EUR 0.5 compared to basic earnings per share of EUR 0.4 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 
