R. Stahl Aktiengesellschaft · XETR:RSL2
R. Stahl Aktiengesellschaft — R. Stahl — Q3 2025 Earnings Presentation
17 slides from R. Stahl Aktiengesellschaft's earnings presentation, Nov 4, 2025
Slide 1: Q3 2025 Analysts', Investors' and Press' Conference Call
Q3 2025 ANALYSTS’ , INVESTORS’ AND PRESS’ CONFERENCE CALL November 4, 2025 | Waldenburg Dr. Mathias Hallmann | CEO 1
Slide 2: Disclaimer
DISCLAIMER This presentation was prepared by R. STAHL AG and is solely for information purposes. It may not be reproduced, distributed or published without the prior consent of R. STAHL AG. This presentation contains forward-looking statements. Such forward-looking statements are based on certain as
Slide 3: Agenda
AGENDA Summary Q3 2025 Financials Q3 2025 Outlook FY 2025 Appendix © R. STAHL Q3 2025 Analysts’, Investors’ and Press' Conference Call – November 04, 2025 3
Slide 4: Global economic uncertainty burdens our business in Q3 – profitability increases
GLOBAL ECONOMIC UNCERTAINTY BURDENS OUR BUSINESS IN Q3 – PROFITABILITY INCREASES Order intake in Q3 remains at a low level of €72.2m (PY: €74.4m ) due to weak demand from nearly all customer industries Decreasing Sales in all regions were responsible for a yoy decline of 10.1% to €78.6m EBITDA pre1)
Slide 5: Agenda
AGENDA Summary Q3 2025 Financials Q3 2025 Outlook FY 2025 Appendix © R. STAHL Q3 2025 Analysts’, Investors’ and Press' Conference Call – November 04, 2025 5
Slide 6: Sales decreased by 10.1% with declines in all regions
SALES DECREASED BY 10.1% WITH DECLINES IN ALL REGIONS Sales R. STAHL Q3 2025 vs. Q3 2024 by region Americas Regions, €m Q3 2025 Q3 2024 Change 11% Germany 18,1 21.6 -15.9% Asia/ Pacific 18% Central Q3 2025: 48% region1) Central region1) 37.9 39.3 -3.5% € 78.6m Americas 8.9 10.0 -11.4% 23% Asia/Pacif
Slide 7: Profitability in Q3 benefits from cost-cutting measures introduced in Q2
PROFITABILITY IN Q3 BENEFITS FROM COST-CUTTING MEASURES THAT HAVE BEEN INTRODUCED IN Q2 Key data of Income Statement €m Q3 2025 Q3 2024 Comments Sales 78.6 87.4 • Slightly higher cost of materials Total operating performance 86.3 86.2 ratio of 34.5% (PY: 34.1%)) due Cost of materials -29.8 -29.4 to
Slide 8: Free cash flow decreased in Q3 due to build up of working capital
FREE CASH FLOW DECREASED IN Q3 DUE TO BUILD UP OF WORKING CAPITAL Key data of Cash Flow Statement €m Q3 2025 Q3 2024 Change Comments Net profit 2.6 1.8 +0.7 • Cash flow decreased yoy by Depreciation and amortization 4.9 4.6 +0.3 €1.8m to €7.7m due to lower Other income and expenses without cash flow
Slide 9: Situation requires structural adjustments
SITUATION REQUIRES STRUCTURAL ADJUSTMENTS In Germany socially balanced structural personnel adjustments are underway using the tool of a “Transfergesellschaft”: • 73 Employees are / will be transferred into the Transfergesellschaft until Feb 2026 (agreements signed) • Total one-time cost of appr. €
Slide 10: Agenda
AGENDA Summary Q3 2025 Financials Q3 2025 Outlook FY 2025 Appendix © R. STAHL Q3 2025 Analysts’, Investors’ and Press' Conference Call – November 04, 2025 10
Slide 11: Guidance FY 2025
GUIDANCE FY 2025 Sales forecast at €320m to €330m RISKS General economic EBITDA pre is expected between €25m and €30m development Geopolitical conflicts Free Cashflow to be balanced Environmental risks Slight decrease of equity ratio as interest rate level for valuation of pension provisions stays s
Slide 12: Thank you for your attention – let's start the Q&A session
THANK YOU FOR YOUR ATTENTION – LET’S START THE Q&A SESSION Q3 2025 Analysts’, Investor’s and Press’ Conference Call – November 04, 2025 | Waldenburg 12
Slide 13: Nine month sales fell by 12.1% – all regions recorded declines
NINE MONTH SALES FELL BY 12.1% – ALL REGIONS RECORDED DECLINES Sales R. STAHL 9M 2025 vs. 9M 2024 by region Americas Regions, €m 9M 2025 9M 2024 Change 12% Germany 53.6 62.1 -13.7% Asia/ Pacific 16% Central 9M 2025: 49% region1) Central region1) 112.8 119.9 -5.9% € 229.8m Americas 26.7 31.9 -16.2% 2
Slide 14: Weak profitability in first 9 months mainly caused by declining total operating performance
WEAK PROFITABILITY IN FIRST 9 MONTHS MAINLY CAUSED BY DECLINING TOTAL OPERATING PERFORMANCE Key data of Income Statement €m 9M 2025 9M 2024 Comments Sales 229.8 261.4 • Cost of materials declined but Total operating performance 247.1 265.2 the ratio slightly increased to Cost of materials -84.8 -89.
Slide 15: Negative free cash flow in first 9 months due to lower profit and build-up of working capital
NEGATIVE FREE CASH FLOW IN FIRST 9 MONTH DUE TO LOWER PROFIT AND BUILD-UP OF WORKING CAPITAL Key data of Cash Flow Statement €m 9M 2025 9M 2024 Change Comments Net profit -2.4 7.7 -10.1 • Cash flow decreased yoy by Depreciation and amortization 14.2 13.2 +1.0 €11.3m to €11.4m due to Other income and
Slide 16: Issuer, contact and additional information
ISSUER, CONTACT AND ADDITIONAL INFORMATION ISSUER AND CONTACT ADDITIONAL INFORMATION FINANCIAL CALENDAR 2026 R. STAHL AG ISIN DE000A1PHBB5 4 Feb. Hamburg Investors Day/HIT Am Bahnhof 30 24 Feb. Preliminary Figures for FY 2025 74638 Waldenburg WKN A1PHBB 16 April Annual Report FY 2025 Germany www.r-s
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