Stabilus : Q&A Session - Key Takeaways (Englisch)

KEY TAKEAWAYS

Current forecast for FY2024:

• revenue of €1.3bn - €1.35bn (H1 FY24: c. €1.4bn; Nov 2023: €1.4bn - €1.5bn)
• adj. EBIT margin 11.7% - 12.3% (H1 FY24: c. 13%, Nov 2023: 13% - 14%)

Lower call-off quantities in the Automotive and Commercial Vehicles segments (c. 2/3rd and c. 1/3rd of expected revenue reduction of c. €75m at mid-point,respectively)

Reduction in expected adj. EBIT margin primarily due to lower fixed cost absorption (c. 30% drop-trough rate on revenue reduction, i.e., c. €23m)

DESTACO integration on track, expectation for H2 FY24 c. €100m revenues with c. 19% adj. EBIT margin

Expected net leverage ratio as of Sept 2024 at c. 3.0x; refinancing of the bridge facility on track

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