R. STAHL AG Reports Earnings Results for the First Quarter Ended March 31, 2022
May 11, 2022 at 09:26 pm EDT
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R. STAHL AG reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was EUR 62.48 million compared to EUR 59.47 million a year ago. Revenue was EUR 66.54 million compared to EUR 61.31 million a year ago. Net loss was EUR 5.41 million compared to EUR 2.51 million a year ago. Basic loss per share from continuing operations was EUR 0.84 compared to EUR 0.39 a year ago.
R Stahl AG is a Germany-based technology company. It offers a range of products and systems for explosion protection, such as explosion protected switches, pushbuttons and light fittings. Its product portfolio comprises lighting solutions, installation equipment, control stations and control devices, installation equipment and accessories, signaling devices, load discount switches and motor starters, components for system solutions, applications for low voltage systems, isolators, safety batteries, operating and monitoring systems, components for heating systems, camera and surveillance systems, wireless solutions, marine solutions, and software solution Product Environmental Compliance (PEC). It serves customers from the gas and oil industry and the chemical and pharmaceuticals industry, as well as for sewage treatment plants, water conditioning plants and distilleries.