Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. Stabilus S.A.
  6. News
  7. Summary
    STM   LU1066226637

STABILUS S.A.

(STM)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

PRESS RELEASE : Stabilus S.A. drives forward motion control digitalization strategy and enters into partnership with technology company Synapticon

10/07/2021 | 04:01am EST

DGAP-News: Stabilus S.A. / Key word(s): Investment/Alliance Stabilus S.A. drives forward motion control digitalization strategy and enters into partnership with technology company Synapticon 2021-10-07 / 10:00 The issuer is solely responsible for the content of this announcement.

-----------------------------------------------------------------------------------------------------------------------

CORPORATE NEWS

Stabilus S.A. drives forward motion control digitalization strategy and enters into partnership with technology company Synapticon

Luxemburg/Koblenz, October 7, 2021 - Stabilus S.A. (ISIN: LU1066226637), one of the world's leading suppliers of motion control solutions for a wide range of industries, has entered into a partnership with Synapticon GmbH ("Synapticon") as part of its digitalization strategy. In the context of this strategic partnership, Stabilus subscribed a minority stake in Synapticon via a capital increase. The transaction is expected to be completed in October 2021. The parties have agreed not to disclose further financial details of the transaction.

Synapticon is a technology company headquartered in Schönaich, Germany. Founded in 2012, today it also has branches in the USA and China. The company specializes in the development of highly compact, high-performance motion control electronics. The products utilize Synapticon's elaborate proprietary software technology and microchips. The funds provided by Stabilus in connection with the capital increase will allow Synapticon to further develop its product range and grow its operations. The partnership enables Stabilus to expand its digital competence, which offers significant opportunities especially for its POWERISE(R) product line.

Dr. Michael Büchsner, CEO of Stabilus, said: "Digitalization is one of the clear growth drivers of our business. Our motion control solutions of the future will be smarter, provide a higher degree of connectivity and interact with the environment via state-of-the-art sensors. As a result, the range of applications in both the industrial and automotive sectors will be enlarged considerably. The partnership with Synapticon will help us make a significant step towards reaching this goal. Alongside organic growth, strategic investments and acquisitions are an integral part of our corporate strategy. We continuously monitor the market for potential acquisitions that have the potential to extend our product portfolio, expand our geographical coverage and strengthen our existing competencies."

Investor contact: Andreas Schröder Tel.: +352 286 770 21 E-Mail: anschroeder@stabilus.com

Press contact: Peter Steiner Tel.: +49 69 794090 27 E-Mail: stabilus@charlesbarker.de Charles Barker Corporate Communications

About Stabilus Stabilus is one of the world's leading providers of motion control solutions for customers across a broad spectrum of industries including mobility, health, recreation, furniture, energy, construction, industrial machinery and automation. With more than eight decades of demonstrated expertise, Stabilus offers reliable and innovative motion control solutions that enable, enhance and automate opening, closing, lifting, lowering and adjusting actions. The company's customized damping and vibration isolation technology protects against shocks, vibrations and noise. Employing a workforce of more than six thousand worldwide, the company has its operational headquarters in Koblenz, Germany. In the 2020 fiscal year, Stabilus has reported revenues of EUR 822.1 million. Stabilus has a global production network encompassing plants in eleven countries. Additionally, the Group maintains regional offices and relations to sales partners in over fifty countries in Europe, North and South America, as well as in Asia-Pacific. Stabilus S.A. is listed in the Prime Standard segment of the Frankfurt Stock Exchange and included in the SDAX index. www.stabilus.com

About Synapticon Synapticon, headquartered in Schönaich near Stuttgart, Germany, with subsidiaries in Shanghai and Redwood City (Silicon Valley), develops and produces innovative software and hardware for sophisticated motion control in robotics and mechanical engineering.

The company miniaturizes high-performance drive technology and integrates formerly discrete components into highly compact electronic products for distributed motion control. Synapticon's technology replaces factors such as quality, smoothness and precision traditionally realized through mechanical value creation with algorithms, powerful processors and power electronics as well as easy-to-use intelligent tools. This digitalization at the point of motion allows a substantial increase in performance, cost reduction and reduces the development complexity for automation products.

Many of the most innovative manufacturers of robots, automation components and machines use Synapticon to realize better products faster and achieve their most ambitious goals with a reliable and energetic supportive partner. www.synapticon.com

Important Notice This press release may contain forward-looking statements based on current assumptions and forecasts made by Stabilus Group management and other information currently available to Stabilus. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here.

-----------------------------------------------------------------------------------------------------------------------

2021-10-07 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

-----------------------------------------------------------------------------------------------------------------------

Language:     English 
Company:      Stabilus S.A. 
              2, rue Albert Borschette 
              L-1246 Luxembourg 
              Luxemburg 
Phone:        +352 286 770 1 
Fax:          +352 286 770 99 
E-mail:       info.lu@stabilus.com 
Internet:     www.stabilus.com 
ISIN:         LU1066226637 
WKN:          A113Q5 
Indices:      SDAX 
Listed:       Regulated Market in Frankfurt; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, 
              Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1238924 
 
End of News   DGAP News Service 
=------------ 

1238924 2021-10-07

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1238924&application_name=news

(END) Dow Jones Newswires

October 07, 2021 04:00 ET (08:00 GMT)

All news about STABILUS S.A.
11/22Stabilus S.A. enters into partnership with Cultraro Automazione Engineering S.r.l., exp..
EQ
11/15STABILUS : Kepler Cheuvreux reiterates its Sell rating
MD
11/12STABILUS : Receives a Sell rating from Kepler Cheuvreux
MD
11/12STABILUS : Gets a Buy rating from Warburg Research
MD
11/12STABILUS : JP Morgan reiterates its Neutral rating
MD
11/12STABILUS S.A. : Preliminary figures for FY2021 confirm successful fiscal year with growth ..
EQ
11/12Stabilus S.A. Provides Earnings Guidance for the Fiscal Year 2022
CI
11/12Stabilus S.A. Reports Earnings Results for the Fourth Quarter and Full Year Ended Septe..
CI
10/29STABILUS S.A. : Invitation to conference call on preliminary FY2021 results on November 12..
EQ
10/07STABILUS : JP Morgan gives a Neutral rating
MD
More news
Analyst Recommendations on STABILUS S.A.
More recommendations
Financials
Sales 2021 937 M 1 061 M 1 061 M
Net income 2021 75,8 M 85,8 M 85,8 M
Net Debt 2021 119 M 135 M 135 M
P/E ratio 2021 19,6x
Yield 2021 1,58%
Capitalization 1 449 M 1 641 M 1 640 M
EV / Sales 2021 1,67x
EV / Sales 2022 1,50x
Nbr of Employees 6 374
Free-Float 99,7%
Chart STABILUS S.A.
Duration : Period :
Stabilus S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends STABILUS S.A.
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 8
Last Close Price 60,45 €
Average target price 74,13 €
Spread / Average Target 22,6%
EPS Revisions
Managers and Directors
Michael BŘchsner Chief Executive Officer
Mark Wilhelms Chief Financial Officer
Stephan Josef Maria Kessel Chairman-Supervisory Board
Johannes Pink Vice President-Global Operations
Joachim Rauhut Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
STABILUS S.A.1.65%1 633
MISUMI GROUP INC.40.62%11 992
HITACHI METALS, LTD.34.10%7 926
TRELLEBORG AB (PUBL)12.82%6 148
SFS GROUP AG11.24%4 750
GATES INDUSTRIAL CORPORATION PLC25.63%4 680