on STRATEC SE (isin : DE000STRA555)
STRATEC Reports First Half of 2024 Results
STRATEC SE revealed financial figures for the first half of 2024, showing mixed results. Despite a strong second quarter, H1/2024 sales fell by 4.9% year-over-year to €119.1 million. The company recorded an adjusted EBIT margin increase to 8.2%, up from 5.6% in H1/2023.
The second quarter witnessed a revival in business dynamics, with sales up by 5.3% on a constant currency basis. Service Parts and Consumables sales grew by 17.5%, while Analyzer Systems sales dropped by 34.4% in the same period.
STRATEC affirmed its 2024 guidance, expecting stable or slight growth in sales on a constant-currency basis with an adjusted EBIT margin of 10.0% to 12.0%. The company also announced continued investments in development projects and new cooperations.
R. E.
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