R. Stahl Aktiengesellschaft · XETR:RSL2

R. Stahl Aktiengesellschaft — R. Stahl — Q2 2025 Earnings Presentation

17 slides from R. Stahl Aktiengesellschaft's earnings presentation, Aug 7, 2025

  1. Slide 1: Q2 2025 Analysts' and Investors' Conference Call

    Q2 2025 ANALYSTS’ AND INVESTORS’ CONFERENCE CALL August 7, 2025 | Waldenburg Dr. Mathias Hallmann | CEO

  2. 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

  3. Slide 3: Agenda

    AGENDA Summary Q2 2025 Financials Q2 2025 Outlook FY 2025 Appendix © R. STAHL Q2 2025 Analysts’ and Investors’ Conference Call – August 07, 2025 3

  4. Slide 4: Global economic uncertainty had negative impact on our business in Q2

    GLOBAL ECONOMIC UNCERTAINTY HAD NEGATIVE IMPACT ON OUR BUSINESS IN Q2 Order intake fell after a very strong Q1 in Q2 to € 67.0m (PY:€ 88.5m ); Central region and Asia/Pacific with significant declines Decreasing Sales in all regions were responsible for a yoy decline of 12.7% to € 77.9m EBITDA pre1)

  5. Slide 5: Agenda

    AGENDA Summary Q2 2025 Financials Q2 2025 Outlook FY 2025 Appendix © R. STAHL Q2 2025 Analysts’ and Investors’ Conference Call – August 07, 2025 5

  6. Slide 6: Sales decreased by 12.7% with declines in all regions

    SALES DECREASED BY 12.7% WITH DECLINES IN ALL REGIONS Sales R. STAHL Q2 2025 vs. Q2 2024 by region Americas Regions, €m Q2 2025 Q2 2024 Change 12% Germany 16.9 20.4 -17.1% Asia/ Pacific 16% Central Q2 2025: 50% region1) Central region1) 39.0 40.6 -4.0% € 77.9m Americas 9.8 11.8 -17.4% 22% Asia/Pacif

  7. Slide 7: Profitability in Q2 suffers from declining total operating performance and higher costs

    PROFITABILITY IN Q2 SUFFERS FROM DECLINING TOTAL OPERATING PERFORMANCE AND HIGHER MATERIAL AND PERSONNEL COSTS Key data of Income Statement €m Q2 2025 Q2 2024 Comments Sales 77.9 89.3 • Higher cost of materials ratio Total operating performance 80.7 87.2 (34.2% (PY: 30.6%)) due to an Cost of materia

  8. Slide 8: Free cash flow decreased in Q2 due to lower profitability

    FREE CASH FLOW DECREASED IN Q2 DUE TO LOWER PROFITABILITY Key data of Cash Flow Statement €m Q2 2025 Q2 2024 Change Comments Net profit -2.5 3.7 -6.2 • Cash flow decreased yoy by Depreciation and amortization 4.6 4.3 +0.3 €4.9m to €2.1m due to negative Other income and expenses without cash flow net

  9. Slide 9: Situation requires structural adjustments

    SITUATION REQUIRES STRUCTURAL ADJUSTMENTS  Workshop in Oslo, Norway, closed and orders transferred to Waldenburg • Reduction of 12 employees – completed  In Germany socially balanced structural personnel adjustments are underway using the tool of a “Transfergesellschaft”: • Employees are transferr

  10. Slide 10: Agenda

    AGENDA Summary Q2 2025 Financials Q2 2025 Outlook FY 2025 Appendix © R. STAHL Q2 2025 Analysts’ and Investors’ Conference Call – August 07, 2025 10

  11. Slide 11: Guidance for FY 2025 was adjusted downwards at the end of July

    GUIDANCE FOR FY 2025 WAS ADJUSTED DOWNWARDS AT THE END OF JULY BECAUSE OF CHALLENGING ECONOMIC ENVIRONMENT Sales forecast at € 320m to €330m (previously: € 340m to € 350m ) RISKS General economic EBITDA pre is expected between € 25m and € 30m development (previously: € 35m to € 40m ) Geopolitical co

  12. 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 Q2 2025 Analysts’ and Investor’s Conference Call – August 07, 2025 | Waldenburg

  13. Slide 13: Half year sales fell by 13.1% – all regions recorded declines

    HALF YEAR SALES FELL BY 13.1% – ALL REGIONS RECORDED DECLINES Sales R. STAHL 6M 2025 vs. 6M 2024 by region Americas Regions, €m 6M 2025 6M 2024 Change 12% Germany 35.5 40.6 -12.5% Asia/ Pacific 15% Central 6M 2025: 50% region1) Central region1) 74.9 80.6 -7.1% € 151.2m Americas 17.8 21.9 -18.4% 23%

  14. Slide 14: Weak profitability in first 6 months due to declining total operating performance

    WEAK PROFITABILITY IN FIRST 6 MONTHS DUE TO DECLINING TOTAL OPERATING PERFORMANCE AND HIGHER MATERIAL AND PERSONNEL COSTS Key data of Income Statement €m 6M 2025 6M 2024 Comments Sales 151.2 174.0 • Cost of materials ratio climbed Total operating performance 160.8 179.0 to 34.2% (PY: 33.3 %) Cost of

  15. Slide 15: Negative free cash flow in first half year due to lower profit

    NEGATIVE FREE CASH FLOW IN FIRST HALF YEAR DUE TO LOWER PROFIT AND BUILD-UP OF WORKING CAPITAL Key data of Cash Flow Statement €m 6M 2025 6M 2024 Change Comments Net profit -5.0 5.8 -10.8 • Cash flow decreased yoy by Depreciation and amortization 9.3 8.6 +0.7 € 9.6m to €3.7m due to Other income and

  16. Slide 16: Issuer, contact and additional information

    ISSUER, CONTACT AND ADDITIONAL INFORMATION ISSUER AND CONTACT ADDITIONAL INFORMATION FINANCIAL CALENDAR 2025 R. STAHL AG ISIN DE000A1PHBB5 Nov 4 Quarterly Statement Q3 2025 Am Bahnhof 30 74638 Waldenburg WKN A1PHBB Germany www.r-stahl.com Deutsche Boerse RSL2 Ticker Bloomberg RSL2 Investor Relations

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