Stabilus S.A. (SIUAF) Q3 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to our quarter three results call. I would like to start this time around with the key takeaways for you. So first of all, yes, we completed the sale of Fabrika and Trech products. As you all know, starting 1st of May, we had the signing and the closing, signing on 7th of May and the closing was on the 23rd of June in 2026. Also very important to our business is for sure our personal related measures we are taking as a very important pillar to improve our business and to do a business transformation. This transformation program is basically completed, right? All personal measures have been taken and we are enjoying the fruits of this success. Important to know is also that we increased our covenant headroom. So our covenant now is also 3.9 throughout the year 2027. This is just to have some more safety and also to consider the requests of some of the shareholders and analysts who say we are getting too narrow in terms of the headroom we're having. And now we have a sufficient headroom also for the next 12 months in rough waters. This was a great achievement of our team negotiating with our banks. And you've probably read it over the course of the past week. We have intensive work along with Synapticon and are working on robots technology. This is something I will elaborate on at a later stage. Pointing out the two most important numbers. 299, so close to 300 million. That's the revenue number for the past quarter with 10.8% EBIT margin. And yes, the revenues are under pressure. We'll talk a bit throughout the conference why that's the case. And this is something I right away tell you at this page. It's right away driven by China and some China weakness in the market. that we are at the end of the day four, four and a half percent below prior ...