Stabilus stock rises after lower 2030 targets and FY2026 figures
Published on 11/10/2026 at 11:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSLower Targets, Weaker Annual Metrics
- Preliminary fiscal 2026 figures met Stabilus' revised forecast despite lower revenue and cash flow.
- Management reduced its 2030 growth ambition as automotive demand and investment conditions weakened.
- Final fiscal 2026 figures are due on December 7, followed by a shareholder vote on the proposed dividend in February.
Stabilus SE met its revised fiscal 2026 forecast but lowered its medium-term growth ambition on Thursday, November 5. In a release carried by EQS News and published by Placera, the company said preliminary results for the fiscal year ended September 30 were in line with its updated forecast.
Stabilus reported fiscal 2026 revenue of 1,197.6 million euros, down from 1,296.1 million euros a year earlier. The adjusted EBIT margin fell to 10.4% from 11.0%, while adjusted free cash flow declined to 96.1 million euros from 119.0 million euros. All three measures met the revised targets of about 1.15 billion euros in revenue, a 10% adjusted EBIT margin and 90 million euros of adjusted free cash flow.
Impairment weighs on reported earnings
Around 67 million euros of non-cash goodwill impairments in the Americas region weighed on reported EBIT. Stabilus expects fiscal 2026 EBIT of 63.7 million euros, compared with 84.3 million euros in fiscal 2025. The charge reduces reported earnings but does not affect liquidity or adjusted free cash flow.
Fourth-quarter revenue fell 4.4% year on year to 302.1 million euros. Adjusted EBIT was 28.9 million euros, producing an adjusted margin of 9.6%, compared with 34.0 million euros and 10.8% in the prior-year quarter. Fourth-quarter adjusted free cash flow fell to 39.5 million euros from 58.7 million euros.
Automotive weakness resets 2030 plan
Stabilus now targets 2030 revenue of 1.5 billion euros, compared with its previous ambition of 2.0 billion euros. The adjusted EBIT margin target is now 12% to 15%, versus 15% previously. The company cited lower revenue expectations in automotive markets in China and North America and weaker investment appetite for automotive manufacturing equipment.
Chief Executive Michael Büchsner said the automotive industry was facing particular challenges, while the group's broader positioning across industrial applications, robotics, automation and defense should support resilience. The company also plans to reduce debt and is targeting a net debt ratio below 2.0.
Dividend and final results ahead
Management proposed a fiscal 2026 dividend of 0.22 euros per share, down from 0.35 euros for fiscal 2025. The proposal requires approval by the Supervisory Board and the Annual General Meeting scheduled for February 3, 2027.
Stabilus plans to publish its final fiscal 2026 figures and annual report on Monday, December 7, at 7:00 a.m. CET. An analyst and investor web conference is scheduled for 10:30 a.m. CET the same day, when the company is also expected to provide fiscal 2027 guidance.
Stabilus stock traded at 15.52 euros on Lang & Schwarz at 11:43 CET on Tuesday, November 10, 3.47% above the Xetra close of Monday, November 9.
Stabilus SE
- Company: Stabilus SE
- ISIN: DE000STAB1L8
- Ticker: STM.DE
- Exchange: Xetra
- Lang & Schwarz price: 15.52 euros at 11:43 CET on November 10, 2026
- Change versus Xetra close: 3.47% above the 15.00-euro close on November 9, 2026
- Fiscal 2026 revenue: 1,197.6 million euros preliminary
- Fiscal 2026 adjusted EBIT margin: 10.4% preliminary
- Index: SDAX
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