Stabilus reported third-quarter revenue of approximately €300 million, representing a decline of between 4% and 4.5% compared to the same quarter in the previous year.
The company reported an adjusted EBIT of approximately €32.2 million for the third quarter, with an adjusted EBIT margin of 10.8%.
Stabilus third-quarter results
Divestments and debt management
Stabilus used the proceeds from the sale of the Tech Products and Fabreeka businesses to reduce its total debt from €631 million to €554 million.
The company also renegotiated its debt covenants, raising its maximum leverage ratio to 4.0 for fiscal 2026 and 3.9 for 2027.
Segment performance and regional trends
Stabilus reported organic revenue growth of over 8% in its industrial business, while its automotive business saw an organic decline of about 15% during the third quarter.
Revenue in the aerospace, marine, rail, and defense segment grew by approximately 35%.
In the Asia-Pacific region, revenue declined by 18% year-over-year, which the company attributed to soft economic conditions in China.
Cost savings
Stabilus reported €15.4 million in cost savings achieved over the first nine months of the fiscal year.
