Stabilus SE (XTER:STM)
€ 30.45 -0.25 (-0.81%) Market Cap: 752.12 Mil Enterprise Value: 1.49 Bil PE Ratio: 10.48 PB Ratio: 1.13 GF Score: 80/100

Full Year 2024 Stabilus SE Earnings Call Transcript

Nov 11, 2024 / 09:30 AM GMT
Release Date Price: €38.1 (+0.93%)

Key Points

Positve
  • Stabilus SE (WBO:STA2) achieved record sales and a strong free cash flow in fiscal 2024, despite challenging macroeconomic conditions.
  • The integration of the recent acquisition, Dako, is on track, contributing significantly to revenue and margin improvements.
  • The company reported a 14% sales growth in the Asia Pacific region, highlighting strong performance in that market.
  • Stabilus SE successfully refinanced a 250 million bridge loan, which was oversubscribed, securing favorable rates.
  • Innovations in product offerings, particularly in automation and electrification, are well-received by the market, driving future growth.
Negative
  • The economic situation in EMEA and the Americas was soft, impacting overall performance in these regions.
  • Organic revenue experienced a downtrend of 2.4% globally, excluding recent acquisitions.
  • Adjusted EBIT margin decreased from 14% to 12.5% in Q4, partly due to negative FX impacts.
  • The company faced significant inflation-related increases in labor costs, particularly in regions like Mexico and Romania.
  • There was a notable reduction in profit due to purchase price allocation and increased interest expenses from higher debt levels.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

STM1.DE - Stabilus SE
Full Year 2024 Stabilus SE Earnings Call
Nov 11, 2024 / 09:30AM GMT

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Presentation
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Unidentified_1 [1]
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Good morning, ladies and gentlemen and welcome to the Stabilus Se Web conference. Regarding the preliminary results in fiscal 2024.

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 Michel Buchsner.

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Unidentified_2 [2]
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Yeah, good morning and welcome to our call today. Also from our side. As always, you have our CFO Stefan Bhe and myself, Michel Buchsner being the CEO of the Stasco on the call.

Yeah, 2024
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