from STEICO Aktiengesellschaft (isin : DE000A0LR936)
EQS-Adhoc: STEICO SE: STEICO SE: Business figures for the first nine months of the 2024 financial year; adjustment of the annual guidance for 2024
EQS-Ad-hoc: STEICO SE / Key word(s): Change in Forecast
STEICO SE: STEICO SE: Business figures for the first nine months of the 2024 financial year; adjustment of the annual guidance for 2024
21-Oct-2024 / 17:21 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
STEICO SE: Business figures for the first nine months of the 2024 financial year; adjustment of the annual guidance for 2024
Feldkirchen near Munich, 21 October 2024 - (ISIN DE000A0LR936) - The STEICO Group generated revenue of € 291.0 million (prior-year period: € 282.4 million) after nine months of 2024 and an increased EBIT* of € 47.9 million (prior-year period: € 25.7 million).
In addition to a positive business performance, the main reason for the increase in earnings was income from currency hedging totalling € 25.6 million (previous year: € 9.2 million).
Based on this, the Management Board of STEICO SE today reassessed the influencing factors for the remaining financial year 2024 and is adjusting the revenue and earnings forecast for 2024 as a whole. Revenue of around € 375 million is now expected, around 3% above the previous forecast of € 365 million. The full-year EBIT is expected to be between € 53 million and € 55 million (previously € 45 million to € 50 million).
Further information can be found in the interim statement for the third quarter, which will be published on the company's website.
* EBIT = earnings before interest and taxes.
Contact
STEICO SE
Andreas Schulze
Head of Investor Relations
Otto-Lilienthal-Ring 30
85622 Feldkirchen
Phone: +49-(0)89-99 15 51-548
Fax: +49-(0)89-99 15 51-704
E-mail: a.schulze@steico.com
www.steico.com
End of Inside Information
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| Language: | English |
| Company: | STEICO SE |
| Otto-Lilienthal-Ring 30 | |
| 85622 Feldkirchen | |
| Germany | |
| Phone: | +49 - (0)89 - 99 15 51 - 0 |
| Fax: | +49 - (0)89 - 99 15 51 - 700 |
| E-mail: | info@steico.com |
| Internet: | http://www.steico.com |
| ISIN: | DE000A0LR936 |
| WKN: | A0LR93 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange |
| EQS News ID: | 2012817 |
| End of Announcement | EQS News Service |
2012817 21-Oct-2024 CET/CEST