R. Stahl AG Revises 2025 Forecast Amid Economic Challenges

R. Stahl AG has released preliminary figures for the first half of 2025, leading to a revision of its full-year forecast. The ongoing global economic uncertainty and tariff disputes have impacted customer investments, slowing demand for the company’s explosion protection products in key sectors during the second quarter. Sales reached €151.2 million, marking a 13.1% decline compared to the same period last year, while EBITDA fell sharply from €19.3 million to €8.9 million. Free cash flow also saw a downturn, reaching € -13.1 million from € -7.0 million.

R. Stahl now projects annual sales between €320 million and €330 million, down from an earlier forecast of €340 million to €350 million. EBITDA is expected to be between €25 million and €30 million, a considerable reduction from previous estimates. Measures have been introduced to adjust cost structures in response to falling demand. The company anticipates a slight decline in its equity ratio for the current year.