Q1 2022 R Stahl AG Earnings Call Transcript

May 12, 2022 / 01:00PM GMT
Judith Schauble -

Ladies and gentlemen, welcome also from my side, thank you for joining our today's conference call. Our prepared slides are also available under the Investor Relations section of our website, www.r-stahl.com. A replay of the entire conference will be at the same place shortly after we have finished. Please be aware of our safe harbor statement, which you'll find at the beginning of the slide deck.

And now I pass on to Dr. Mathias Hallmann, our Group CEO, who will walk you through our presentation.

Mathias Hallmann - R. STAHL AG - Chairman of the Executive Board & CEO

Thank you, Ms. Schauble. Welcome, ladies and gentlemen, to our Q1 2022 Analysts and Investors Conference Call.

Let me start with the summary. Our sales are up 4.8% to EUR 61 million, and we benefited from the good orders we had in the second half of '21. EBITDA increased by EUR 400,000 roughly to EUR 3 million, resulting in an EBITDA pre rate of 5%. A negative impact we had from an impairment of our

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