Parent group hails encouraging result for Stahl despite quiet August

28/10/2024

Chemicals group Stahl achieved sales revenues of €687.9 million in the first nine months of this year, an increase of 1.6% compared to the same period last year.

Parent group Wendel said Stahl had achieved an encouraging result “in a context of tougher markets in automotive and luxury goods”. It pointed out that Stahl had suffered a fall of sales revenues of 4.7% in the third quarter.

Wendel said August had been “a particularly quiet month this year” owing to reduced activity in tanneries.