Stabilus S.A. (SIUAF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and a warm welcome, dear ladies and gentlemen, to the Analyst and Investor Web Conference regarding the Stabilus results in the first quarter of fiscal 2026. At this time, all participants have been placed on a listen-only mode. The floor will be open for questions following the presentation. Let me now turn the floor over to your host, Dr. Michael Brixner. Hello and welcome to our quarter one results call of the Stabilus Group. As always, you have our CFO Andreas Jäger and myself, Michael Büchner, being the CEO of the Stabilus Group in the call. And I'm happy to lead you through our results for the first quarter. And then for sure, we'll also have a Q&A session at a later stage. In a nutshell, I would say we hold our course in a very difficult market environment, as you can imagine, in the automotive and also in the industrial space. However, We had a very strong cash generation. If you compare that to the prior year, we've been doing particularly well. And we've been doing particularly well in terms of our operational management of the cash flow. Our cash flow came out with 23.9 million. And yeah, like for like last year comparison, we've been at 8.9 million. So very positive development in that term. Our EBIT margin stays strong with 10.1 percentage points. And as you all know, it's pretty much back and loaded this year round because towards the second half of the year, our efficiency program and the new launches kick in. That's why the year will be for us back and loaded in terms of the margin development and loaded on the second half of the year. Also, A good highlight was the EBIT margin we had in China. As you can imagine, and we always talked about it, the environment in China is getting tougher in terms of competition. And this is why we also to...