BRÈVE

sur R. Stahl AG (ETR:RSL2)

R. Stahl AG Faces Challenges Amid Weak Demand

Graphique de l'évolution du cours de l'action R. Stahl AG (EBR:RSL2).

R. Stahl AG reported a 9.1% decline in sales for 2025, reaching €313.0 million, impacted by global and geopolitical uncertainties. The company witnessed a decrease in order intake to €306.5 million, affecting its free cash flow which fell to €-0.3 million. EBITDA before exceptionals remained stable at €34.4 million, aided by temporary positive one-time items.

The NEXUS program, launched in February 2026, aims to enhance profitability and develop R. Stahl into a global provider in explosion protection and harsh environments. Despite declining sales forecasts for 2026, ranging from €285 million to €300 million, the Executive Board anticipates a stabilization of business.

R. Stahl faces a challenging economic environment, with expected further decline in investment in German and European markets, driven by uncertainties in geopolitical issues and supply chain disruptions.

R. E.

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