DGAP-News: R. STAHL recalls 34,500 Series 6036 and 6149 LED lamps

DGAP-News: R. STAHL recalls 34,500 Series 6036 and 6149 LED lamps

WKN: A1PHBB ISIN: DE000A1PHBB5 R. Stahl AG

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15.07.2019 - 12:56
18.06.2019 16:16:02

DGAP-News: R. Stahl AG / Key word(s): Miscellaneous
R. STAHL recalls 34,500 Series 6036 and 6149 LED lamps

18.06.2019 / 16:16
The issuer is solely responsible for the content of this announcement.


PRESS RELEASE

R. STAHL recalls 34,500 Series 6036 and 6149 LED lamps
 

Waldenburg/Germany, June 18, 2019 - R. STAHL, a leading global supplier of electrical and electronic products and systems for explosion protection, today informed customers and sales partners worldwide about a product recall. A total of 34,500 Series 6036 and 6149 LED lamps manufactured by R. STAHL between December 2017 and March 2019 must be replaced.

The recall was caused by results from ongoing internal quality monitoring. They concern the transparent plastic tube used in the lamps. Thermal durability tests in the laboratory indicate that the required long-term stability of this component cannot be confirmed beyond doubt under the influence of higher temperatures and humidity. These observations have not yet been made in practice. Complaints on this subject are currently not known.

"For us, explosion protection means: No risk, no compromise. This is what our customers can always rely on, and why we are now recalling all the lamps from the relevant batches", said Jürgen Freimüller, Head of Quality Management at R. STAHL.

The lamps manufactured by R. STAHL Schaltgeräte GmbH are used by customers worldwide in explosion-protected environments. The customers affected by the recall are known to R. STAHL. They are informed promptly. A telephone hotline with specially trained employees is available, and a dedicated team will determine the necessary steps for the recall in close consultation with the customer.

The lamps installed at the customer's premises and affected by the recall can be clearly identified by the type nameplate. Each lamp from the production batches concerned will be replaced by a new one.

Based on current knowledge, R. STAHL estimates the costs for the production and supply of the lamps of the lamps to the customer in connection with this measure at a total of EUR 1.9 million. The Executive Board assumes that these costs will be covered by existing provisions. In addition, there will be further costs for installation and removal, which will probably be reimbursed under the existing product liability insurance. In addition, R. STAHL has already started talks with the supplier of the plastic tube in order to assert warranty claims.
 

About R. STAHL - www.r-stahl.com

R. STAHL is the world's leading supplier of electrical and electronic products and systems for explosion protection. These products and systems prevent explosions in hazardous areas and contribute to the safety of people, machines and the environment. The portfolio ranges from products used in switching/distributing, installing, operating/monitoring, lighting and signalling/alarming up to automation. Typical customers operate in growth industries, such as the oil & gas industry, the chemical and pharmaceutical industry and the food industry. In 2018, sales amounting to around EUR 280 million were generated by 1,690 employees.

The shares of R. STAHL AG are traded on the Regulated Market/Prime Standard of Deutsche Boerse (ISIN DE000A1PHBB5).
 

Contact:
R. STAHL AG
Am Bahnhof 30, 74638 Waldenburg (Württ.), Germany

Investor Relations & Corporate Communications
T: +49 7942 943-1395
E: investornews@stahl.de



18.06.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: R. Stahl AG
Am Bahnhof 30
74638 Waldenburg
Germany
Phone: +49 (7942) 943-0
Fax: +49 (7942) 943-4333
E-mail: investornews@stahl.de
Internet: www.r-stahl.com
ISIN: DE000A1PHBB5
WKN: A1PHBB
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Tradegate Exchange
EQS News ID: 826859

 
End of News DGAP News Service

826859  18.06.2019 

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