on STRATEC SE (isin : DE000STRA555)
STRATEC Releases 2024 Financial Results
STRATEC SE, the German-based company, reported its financial performance for 2024, showcasing an adjusted EBIT margin increase to 13.0% from 11.2% in 2023, surpassing their forecasts. However, consolidated sales saw a constant currency decline of 4.9% to €257.6 million, impacted by subdued demand due to elevated inventory levels and previous expansion of laboratory capacities during the COVID-19 pandemic.
The company noted strong performances in Service Parts and Consumables with a sales increase of 14.8%. Development and Services grew by 9.2%, contrasting with a decline in Systems sales by 27.8%. Operating cash flow saw a significant rise by 152.3% to €48.7 million, attributed to increased profitability and efficiency gains.
STRATEC's 2025 outlook anticipates modest growth in sales with an adjusted EBIT margin between 10.0% and 12.0%. A dividend of €0.60 per share is proposed for 2024, up from €0.55 in 2023, reflecting confidence in long-term growth.
R. P.
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