EQS-News: Stabilus SE achieves revenue growth of 13.1% in Q3 FY2023 and specifies guidance within forecasted range
Revenue growth of 13.1% to €306.5 million in Q3 FY2023 (Q3 FY2022: €271.1 million)
- Revenue growth of 13.1% to €306.5 million in Q3 FY2023 (Q3 FY2022: €271.1 million)
Profitability gradually increased in FY2023: Adjusted EBIT[1] in Q3 at €41.9 million, after €37.9 million in Q3 FY2022
Q3 result at €21.7 million (Q3 FY2022: €24.3 million) and free cash flow before acquisitions (adj. - Group revenue in the third quarter of FY2023 increased by 13.1% year-on-year to €306.5 million (Q3 FY2022: €271.1 million).
- In EMEA, revenue in Q3 FY2023 increased by 9.7% to €129.9 million (Q3 FY2022: €118.4 million).
- In Asia-Pacific (APAC), the company again recorded above-average revenue growth of 21.1% year-on-year to €66.7 million (Q3 FY2022: €55.1 million).