Stabilus Reports Q2 Revenue Decline but Maintains EBIT Margin Amid Cost Savings
Stabilus reported second-quarter revenue of €304.9 million, a 10% year-over-year decline, though it maintained its EBIT margin at 11.2%. The company attributed the stable margins to cost savings and synergies from DESTACO integration. Regional performance was mixed with Asia-Pacific seeing significant declines.
Tickers: $STM
Topics: cost savings deleveraging ebit margin free cash flow revenue