Report
Klaus Ringel ...
  • Michael Foundoukidis

Stabilus SE : Key takeaways from the analyst call on the FY 2023-24 guidance cut

>Bracing for a softer summer season - Stabilus held an analyst call on their recent newsflow, as there were obviously still many questions in the market. They specified that they are now expecting c. €75m lower sales at the mid-point of their new guidance vs their old sales target. Two-thirds of the lost volumes are said to be in Automotive (i.e. ~€ 50m) and one-third in Commercial Vehicles (~€ 25m). Slow demand of end-customers has led to increased inventories of up ...
Underlying
STABILUS SE

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Klaus Ringel

Michael Foundoukidis

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