R. Stahl Aktiengesellschaft · XETR:RSL2
R. Stahl Aktiengesellschaft — R. Stahl — Q1 2025 Earnings Presentation
14 slides from R. Stahl Aktiengesellschaft's earnings presentation, May 6, 2025
Slide 1: Q1 2025 Conference Call
Q1 2025 CONFERENCE CALL May 6, 2025 | Waldenburg 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 Q1 2025 Financials Q1 2025 Outlook FY 2025 © R. STAHL Q1 2025 Analysts’ and Investors’ Conference Call – May 6, 2025 3
Slide 4: Strong order intake in Q1 2025 – sales and profitability still weak
STRONG ORDER INTAKE IN Q1 2025 – SALES AND PROFITABILITY STILL WEAK Order intake at record level of €98.8m (PY: €92.3m ); rising demand from shipbuilding, petrochemicals and oil & gas industry Sales fell in all regions as expected due to weak demand in HY2 2024; sales declined yoy by 13.4% to €73.3m
Slide 5: Agenda
AGENDA Summary Q1 2025 Financials Q1 2025 Outlook FY 2025 © R. STAHL Q1 2025 Analysts’ and Investors’ Conference Call – May 6, 2025 5
Slide 6: Sales decreased in all regions due to weak order intake in H2 2024
SALES DECREASED IN ALL REGIONS DUE TO WEAK ORDER INTAKE IN H2 2024 Sales R. STAHL Q1 2025 vs. Q1 2024 by region Americas Regions, €m Q1 2025 Q1 2024 Change 11% Germany 18.6 20.2 -7.9% Asia/ Pacific 15% Central Q1 2025: 49% region1) Central region1) 35.9 40.0 -10.1% €73.3m Americas 8.1 10.1 -19.6% 25
Slide 7: Profitability in Q1 suffers from weak sales development
PROFITABILITY IN Q1 SUFFERS FROM WEAK SALES DEVELOPMENT Key data of Income Statement €m Q1 2025 Q1 2024 Comments Sales 73.3 84.7 • Cost of materials ratio Total operating performance 80.1 91.7 decreased to 34.2% (PY: Cost of materials -27.4 -33.0 35.9%) essentially due to a Personnel costs -37.2 -36
Slide 8: Free cash flow stable in Q1 due to lower build-up of working capital
FREE CASH FLOW STABLE IN Q1 DUE TO LOWER BUILD-UP OF WORKING CAPITAL Key data of cash flow statement €m Q1 2025 Q1 2024 Change Comments Net profit -2.5 2.1 -4.6 • Cash flow decreased yoy by Depreciation and amortization 4.7 4.3 +0.4 €4.7m to €1.6m due to lower Other income and expenses without cash
Slide 9: Agenda
AGENDA Summary Q1 2025 Financials Q1 2025 Outlook FY 2025 © R. STAHL Q1 2025 Analysts’ and Investors’ Conference Call – May 6, 2025 9
Slide 10: Guidance FY 2025
GUIDANCE FY 2025 Sales forecast at €340m to €350m RISKS Geopolitical conflicts EBITDA pre*) between €35m – €40m General economic development Free cash flow to be a mid single-digit positive million euro amount Trade conflicts Slight increase of equity ratio as interest rate level for valuation of pe
Slide 11: Q1 2025 Conference Call
Q1 2025 CONFERENCE CALL May 6, 2025 | Waldenburg 11
Slide 12: Share Information
SHARE INFORMATION SHARE INFORMATION SHAREHOLDERS STRUCTURE R. STAHL SHARE PRICE Number of shares 6,440,000 May 2024 – May 2025 Freefloat Founding families Xetra within the ISIN DE000A1PHBB5 consortium WKN A1PHBB 20% Deutsche Boerse RSL2 Norman 36% Rentrop 10% Bloomberg ticker RSL2 10% 14% 10% Reuter
Slide 13: Issuer, Contact and Financial Calendar
ISSUER, CONTACT AND FINANCIAL CALENDAR ISSUER AND CONTACT FINANCIAL CALENDAR 2025 R. STAHL AG June 03 32nd Annual General Meeting Am Bahnhof 30 74638 Waldenburg Aug 07 Interim Report H1 2025 Germany Nov 04 Quarterly Statement Q3 2025 www.r-stahl.com Investor Relations Judith Schäuble P +49 7942 943
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