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R Stahl AG (RSL2.DE)

RSL2.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

R. Stahl AG reduces operating EBIT prognosis for 2016
Wednesday, 10 Aug 2016 12:27pm EDT 

R Stahl AG : R. Stahl reduces operating EBIT prognosis for 2016 . R. Stahl's EBIT amounted to 5.3 million euros as of June 30, 2016 (previous year: 6.8 million euros), EBIT-margin reached 3.7% (previous year: 4.2%) . As of June, 2016 generated order intake of 150.2 million euros ($167.82 million) and reached sales revenues of 142.5 million euros . Compared to previous year this signifies a decline in sales of 21.5 million euros . Decline resulted from cutbacks in investments and cost-saving measures of oil and gas industry which suffers from low oil price . Reduces operating EBIT prognosis for entire financial year 2016 from 14 - 20 million euros to 11 - 15 million euros . Expects an additional burden on sales and margins from downstream business .Now expects values of 275 - 285 million euros for order intake and sales revenues.  Full Article

R. Stahl Q1 sales down at 71.7 million euros
Tuesday, 10 May 2016 03:10am EDT 

R Stahl AG : Q1 earnings before interest and taxes (EBIT) reached 3.3 million euros ($3.76 million) (previous year: 4.1 million euros) . In Q1 at 71.7 million euros, sales was as planned (previous year: 82.2 million euros) . Q1 order intake reached 70.8 million euros (previous year: 88.4 million euros) .Full-Year forecast confirmed.  Full Article

R Stahl confirms FY 2016 outlook
Friday, 22 Apr 2016 03:33am EDT 

R Stahl AG:Outlook on FY 2016 confirmed.  Full Article

R Stahl proposes dividend payment of EUR 0.60/shr
Thursday, 21 Apr 2016 08:59am EDT 

R Stahl AG:Supervisory board and executive board of R. Stahl AG propose a dividend payment of 0.60 euros per share.  Full Article

R Stahl comments on FY 2016 outlook
Friday, 26 Feb 2016 03:06am EST 

R Stahl AG:For FY 2016, assumes sales between 280 million to 290 million euros, with an EBIT margin between 5 pct and 7 pct​.FY 2016 revenue estimate 282.33 million euros - Thomson Reuters I/B/E/S.FY 2016 EBIT margin estimate 5.1 pct - Thomson Reuters I/B/E/S.  Full Article

R Stahl and Steute announce partnership in Brazil​
Tuesday, 22 Dec 2015 06:16am EST 

R Stahl AG:R Stahl and Steute announce partnership in Brazil​.  Full Article

R Stahl comments on FY 2015 and FY 2016 outlook
Thursday, 5 Nov 2015 03:10am EST 

R Stahl AG:For FY 2015, anticipates a forecast corridor for order intake and sales of 300 million to 310 million euros and expects an EBIT amounting to 2 million up to 5 million euros.With a smaller sales volume of 280 million euros up to 290 million euros, anticipates improvements in profitability and thus a significant increase of EBIT margin to 5 pct up to 7 pct in FY 2016.  Full Article

R Stahl AG reduces FY 2015 forecast, to cut 225 jobs worldwide
Monday, 5 Oct 2015 10:48pm EDT 

R Stahl AG:Reduces its forecast for 2015 and adopting a comprehensive set of measures to safeguard competitiveness over the long term.Reason for reducing forecast is due to continuously low oil price.FY expectations for EBIT are reduced from between 16 million euros and 20 million euros down to between 2 million euros and 5 million euros.For fiscal year 2015, executive board is adjusting forecast corridor for order intake and sales from between 320 million euros and 330 million euros down to between 300 million euros and 310 million euros.Expecting a decline in order intake as well as sales and earnings during second half of 2015.Seeing sharpest decline in investments from customers since oil crisis 30 years ago.Low oil price resulted in oil and gas industry customers significantly reducing its investments.No recovery of oil and gas market is foreseeable for 2016.For 2016 is anticipating a sustained low investment volume in oil and gas industry and is therefore planning sales in range of 280 million euros to 290 million euros with an EBIT margin in amount of 5 pct to 7 pct.During fiscal year 2016, company expects to yield cost-savings in amount of about 20 million euros.A total of 225 jobs will be cut worldwide as a result of personnel measures.  Full Article

R Stahl closes syndicated loan agreement
Friday, 25 Sep 2015 09:16am EDT 

R Stahl AG:Closes syndicated loan agreement.Contract provides for a credit line of 80 million euros in cash and 15 million euros in guarantees.Syndicated loan's total credit volume thus amounts to 95 million euros with an enhancement option of 25 million euros.Bilateral loan agreements in amount of 45 million euros expire on Sept. 30.  Full Article

German stocks - Factors to watch on August 8

FRANKFURT, Aug 8 The DAX top-30 index looked set to open 0.2 percent lower on Tuesday, according to premarket data from brokerage Lang & Schwarz at 0615 GMT.