SIUAF - Stabilus: A New Wave In Auto Components Business Concentration
Stabilus (OTC: SIUAF) is a German industrial company specialized in gas springs, dampers and automatic opening and closing systems. Its expertise in these technologies is applied to a wide range of industries, especially the automotive industry which represents 60% revenue. The following diagram shows data from the 2018 fiscal year, where the details for commercial furniture were reported - not in the case of 2019 data -, but the weight of each segment in 2019 was similar:
*Data from 2018 Annual Report
Powerise is the new relevant segment in the automotive section and