DGAP-News: Stabilus S.A. continues profitable growth in fiscal year 2015 and increases revenue by 20.5% to EUR 611.3 million according to preliminary figures


DGAP-News: Stabilus S.A. / Key word(s): Preliminary Results
Stabilus S.A. continues profitable growth in fiscal year 2015 and increases
revenue by 20.5% to EUR 611.3 million according to preliminary figures

27.11.2015 / 07:00
The issuer is solely responsible for the content of this announcement.

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CORPORATE NEWS                        Luxembourg/Koblenz, November 27, 2015

Stabilus S.A. continues profitable growth in fiscal year 2015 and increases
revenue by 20.5% to EUR 611.3 million according to preliminary figures
  - Revenue +20.5% to EUR 611.3 million

  - Adjusted EBITDA +16.0% to EUR 107.3 million

  - Adjusted EBIT +17.1% to EUR 76.2 million

Luxembourg/Koblenz, November 27, 2015 - Stabilus S.A. (ISIN: LU1066226637,
"Stabilus"), the globally leading developer and producer of gas springs and
hydraulic dampers, has once again presented record figures. According to
preliminary figures for the fiscal year ending September 30, 2015, the
company increased revenue by 20.5% to EUR 611.3 million (previous year: EUR
507.3 million).

The company, which is listed in the SDAX, has once again demonstrated
strong growth in all regions and in all end markets. According to
preliminary figures, the European region contributed revenue of EUR 308.5
million to group revenue, an increase of 15.4% compared with EUR 267.3
million in the previous year. In fiscal year 2015, NAFTA turnover grew by
29.7% to EUR 229.3 million compared to EUR 176.8 million in fiscal year
2014. In the Asia/Pacific and RoW (Rest of World) region, Stabilus
increased its revenue from EUR 63.2 million in the previous year to EUR
73.5 million in fiscal year 2015 (+16.3%). Besides a positive operating
performance, the, in annual comparison, stronger US dollar contributed to
the dynamic revenue growth of 20.5% in fiscal year 2015 (previous year:
revenue growth of 10.3%).

With regard to its end markets, Stabilus achieved the strongest growth in
the automotive sector, where revenue was expanded by 27.4% to EUR 434.2
million in fiscal year 2015 compared to EUR 340.8 million in the previous
year. In the automotive sector, the strongest driver of growth continued to
be the Powerise system, which is used to automatically open and close
tailgates - in fiscal year 2015, this system contributed EUR 139.8 million
to revenue in the automotive sector (+62.9% compared to revenue of EUR 85.8
million in fiscal year 2014). Turnover with gas springs and hydraulic
dampers also increased in the automotive sector by 15.5% to EUR 294.4
million. The markets Industrial (+4.9% to EUR 149.3 million) and Swivel
Chair (+14.5% to EUR 27.7 million) also saw solid growth rates.

According to preliminary figures, EBITDA (adjusted for non-recurring
effects) increased by 16.0% to EUR 107.3 million compared to EUR 92.5
million in the previous year. Adjusted operating profit (adjusted EBIT)
increased by 17.1% to EUR 76.2 million compared to EUR 65.1 million in the
previous year. At 12.5%, the adjusted EBIT margin was thus within the
targeted corridor of 12% and 13% as planned.

Dietmar Siemssen, CEO of Stabilus, said: "We are very pleased with the
performance of our company in fiscal year 2015. We see an unbroken trend
towards increased usage of gas springs, hydraulic dampers and
electromechanical drives in a variety of industries. We plan to continue to
consistently implement our successful strategy, expand our market shares in
existing markets and tap new sales markets through innovative new solutions
and a convincing product pipeline. In order to accomplish these goals, we
have significantly invested in the expansion of our global production
capacities and in the area of research & development in the past fiscal
year. Additionally, we will opportunistically scan the market for possible
targeted acquisitions in fiscal year 2016 which could further add to our
planned organic growth."

Mark Wilhelms, CFO of Stabilus, added: "To prepare ourselves for our future
growth, we have renewed our setup on the financing side and have created
additional leeway in line with our improved profitability. In December
2014, we took advantage of the attractive interest rate environment for a
long-term refinancing, which we used to redeem our high yield bond in June
2015. As a result, our interest burden will be reduced by around 13 million
euros annually compared to the previous structure. Already in the current
fiscal year, the lower interest charges will have a significant positive
effect on earnings."

For fiscal year 2016, Stabilus S.A. expects to generate revenue of around
EUR 660 million with an adjusted EBIT margin between 12% and 13%.

Further information and a presentation on the preliminary figures for
fiscal year 2015 are available online in the Investor Relations area.
Stabilus S.A. will publish the final figures and the annual report for
fiscal year 2015 on December 21, 2015.

<pre>

Press Contact:                               Investor Relations Contact:
Charles Barker Corporate Communications GmbH Andreas Schröder
Tobias Eberle                                Tel.: +352 286 770 21
Tel.: +49 69 794090 24                       E-Mail:
E-Mail: Tobias.Eberle@charlesbarker.de       anschroeder@stabilus.com




</pre>

About Stabilus

As a globally active automotive and industrial supplier, Stabilus develops
and produces electromechanical drives (POWERISE) as well as gas springs and
hydraulic dampers. Employing approximately 4,000 people worldwide, the
company has its operational headquarters in Koblenz. In the fiscal year
2015, Stabilus generated revenue of around EUR 611 million according to
preliminary figures. Stabilus operates eleven production plants across nine
countries and distributes its products in over 50 countries in Europe,
North, Central and South America and Asia Pacific via its regional offices
and sales partners. Stabilus has been listed in the Prime Standard segment
of the Frankfurt Stock Exchange since May 2014 and was taken up in the SDAX
index in September 2014.

Important Notice

This press release may contain forward-looking statements based on current
assumptions and forecasts made by Stabilus Group management and other
information currently available to Stabilus. Various known and unknown
risks, uncertainties and other factors could lead to material differences
between the actual future results, financial situation, development or
performance of the company and the estimates given here.


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   Language:    English                                                    
   Company:     Stabilus S.A.                                              
                2, rue Albert Borschette                                   
                L-1246 Luxemburg                                           
                Grand Duchy of Luxembourg                                  
   Phone:       +352 286 770 1                                             
   Fax:         +352 286 770 99                                            
   E-mail:      info.lu@stabilus.com                                       
   Internet:    www.stabilus.com                                           
   ISIN:        LU1066226637                                               
   WKN:         A113Q5                                                     
   Indices:     SDAX                                                       
   Listed:      Regulated Market in Frankfurt (Prime Standard); Regulated  
                Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,  
                Stuttgart                                                  
 
 
   End of News    DGAP News Service  
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