ISIN:DE000STAB1L8

EQS-News: Stabilus SE concludes acquisition of DESTACO

Retrieved on: 
Mittwoch, April 10, 2024

Koblenz, April 1, 2024 – Stabilus SE (WKN: STAB1L, ISIN: DE000STAB1L8), one of the world's leading suppliers of motion control solutions for a wide range of industries, today announced the closing of the signed acquisition of DESTACO of October 2023, effective Mach 31, 2024.

Key Points: 
  • Koblenz, April 1, 2024 – Stabilus SE (WKN: STAB1L, ISIN: DE000STAB1L8), one of the world's leading suppliers of motion control solutions for a wide range of industries, today announced the closing of the signed acquisition of DESTACO of October 2023, effective Mach 31, 2024.
  • Michael Büchsner, CEO of Stabilus, said: "We are delighted to welcome DESTACO and its employees under the Stabilus umbrella.
  • Industrial automation is one of the megatrends of our time, and with DESTACO we are significantly expanding our offering in this sector.
  • Stefan Bauerreis, CFO of Stabilus, commented: "The closed acquisition and the resulting initial consolidation as of March 31, 2024 is an important milestone for us in the expansion of our industrial business.

EQS-News: Stabilus SE receives all necessary regulatory approvals for the acquisition of DESTACO

Retrieved on: 
Mittwoch, März 13, 2024

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • Koblenz, March 5, 2024 – Stabilus SE (WKN: STAB1L, ISIN: DE000STAB1L8), one of the world's leading suppliers of motion control solutions for a wide range of industries, has received the necessary regulatory approvals for the acquisition of the DESTACO Group.
  • Stabilus expects the transaction to be completed by the end of March.

EQS-News: Stabilus S.E.: Annual General Meeting approves a dividend of €1.75 per share and the election of an additional member of the Supervisory Board

Retrieved on: 
Mittwoch, Februar 7, 2024

Koblenz, February 7, 2024 – The Annual General Meeting (AGM) of Stabilus S.E.

Key Points: 
  • Koblenz, February 7, 2024 – The Annual General Meeting (AGM) of Stabilus S.E.
  • The company will thus pay an unchanged dividend for the 2023 fiscal year (which ended on September 30, 2023) of €1.75 per share.
  • The Annual General Meeting also approved the agenda item relating to the expansion of the Supervisory Board from five to six members, and Susanne Heckelsberger was elected as a new member of the Supervisory Board.
  • The management consultant has been a member of the Supervisory Board of Villeroy & Boch AG since July 2020 and of Vitesco Technologies Group AG since September 2021.

EQS-News: Stabilus SE: Invitation to a web conference on Q1 FY2024 results on January 29, 2024

Retrieved on: 
Dienstag, Januar 30, 2024

Stabilus SE: Invitation to a web conference on Q1 FY2024 results on January 29, 2024

Key Points: 
  • Stabilus SE: Invitation to a web conference on Q1 FY2024 results on January 29, 2024
    The issuer is solely responsible for the content of this announcement.
  • Stabilus SE: Invitation to a web conference on Q1 FY2024 results on January 29, 2024
    Koblenz, January 22, 2024 - Stabilus SE (WKN: STAB1L, ISIN: DE000STAB1L8) invites investors and analysts to a web conference on January 29, 2024, 10:30 a.m. CET, on the occasion of the publication of its Q1 FY2024 results.
  • In the web conference, the management board of Stabilus SE will present the company’s development in the first quarter of fiscal 2024 (ends September 30, 2024) by means of a presentation.
  • The Q1 statement and the corresponding presentation will be available on the company’s website at ir.stabilus.com on January 29, 2024, at 7:00 a.m. CET.

EQS-News: Stabilus SE makes a solid start to fiscal 2024 and confirms forecast

Retrieved on: 
Dienstag, Januar 30, 2024

Group revenue increased to €305.4 million in the first quarter of fiscal 2024 from €290.7 million in the same period last year, corresponding to year-on-year revenue growth of 5.1%.

Key Points: 
  • Group revenue increased to €305.4 million in the first quarter of fiscal 2024 from €290.7 million in the same period last year, corresponding to year-on-year revenue growth of 5.1%.
  • In the first quarter, we again recorded strong growth in APAC and also made significant gains in EMEA.
  • In the EMEA region, revenue increased by 8.2% to €118.2 million in Q1 FY2024 (Q1 FY2023: €109.2 million).
  • In Q1 FY2024, profit was €12.2 million (Q1 FY2023: €15.5 million) and adjusted free cash flow[1] €36.2 million (Q1 FY2023: €32.7 million).