R. STAHL Reports Robust Growth in H1 2024, Enhanced Profitability in Q2

R. Stahl AG announced a 12.4% increase in sales for the first half of 2024, reaching €174.0 million. Despite a slight drop in order intake compared to the previous year, the company saw significant profitability improvements in the second quarter. EBITDA pre exceptionals rose by €2.2 million to €10.9 million from April to June.

The first half of the year reflected robust demand across nearly all regions and industries, notably in the chemical and petrochemical sectors. This demand drove the order backlog up to €121.0 million as of June 30, from €115.1 million at the end of 2023. Sales grew particularly in the Americas (up 36.1%) and the Central region (up 18.3%).

CEO Dr. Mathias Hallmann confirmed the company's positive outlook, expecting sales to rise to between €335 million and €350 million for the full year, with EBITDA pre exceptionals projected between €35 million and €45 million.