Germany's Stabilus prelim Q4 EBIT impacted by impairment charges
Overview
Germany motion control firm's preliminary Q4 EBIT is expected to be significantly below prior year's figure of €5.5 mln
Company took €67 mln non-cash impairment charge due to weaker Americas demand, reducing EBIT
Company proposes FY2026 dividend of €0.22 per share, down from prior year
Outlook
Company did not provide specific financial guidance for upcoming quarters or full year in its press release
Result Drivers
AMERICAS DEMAND - Weaker-than-expected demand in Americas led to €67 mln non-cash goodwill impairment
IMPAIRMENTS - Impairments are non-cash and do not affect liquidity or adjusted free cash flow
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Revenue | Beat | EUR 1.20 mln | EUR 1.16 bln (6 Analysts) |
FY Adjusted EBIT Margin | 10.4% | ||
Proposed FY Dividend | EUR 0.22 |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the industrial machinery & equipment peer group is "buy"
Wall Street's median 12-month price target for Stabilus SE is €22.00, about 36% above its November 5 closing price of €16.18
The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 5 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)