R. STAHL Shareholders Approve All Agenda Items at Annual General Meeting

R. STAHL AG held its 31st Annual General Meeting in Pfedelbach, with 151 shareholders present. The attendance rate increased to 79.82%, compared to 64.10% the previous year. Including postal votes, 80.34% of the share capital was represented. All agenda items were approved by a clear majority.

The Executive Board and Supervisory Board's actions for the 2023 financial year were ratified. BDO AG was appointed as the auditor for the annual and consolidated financial statements, as well as the sustainability report. Shareholders also endorsed the Executive Board's compensation report and the expanded compensation system.

CEO Dr. Mathias Hallmann highlighted the group's positive performance in 2023 and detailed the EXcellence 2030 strategy. The company plans further investments and international expansion, with significant growth opportunities identified in hydrogen and nuclear markets.

For 2024, R. STAHL expects group sales between €335 million and €350 million and an EBITDA pre exceptionals between €35 million and €45 million. The company also projects a positive free cash flow in the mid single-digit million euro range.