Brief: Steico SE Publishes Interim Report On Q3 2021

Steico SE

13/10/2021 19:41

Oct 13 (Reuters) - Steico SE  ST5G.DE :
    * DGAP-NEWS: STEICO SE: NEW RECORDS FOR REVENUES, EARNINGS
AND
PROFITABILITY
    * Q3 PRETAX PROFIT ROSE 56.9 PERCENT TO 18.7 MILLION EUR
    * Q3 EBITDA ROSE 35.3 PERCENT TO 24.1 MILLION EUR
    * Q3 NET PROFIT ROSE 51.7 PERCENT TO 14.1 MILLION EUR
    * 9-MONTH REVENUES WERE UP 27.0 % YEAR-ON-YEAR AT EUR 288.6
MILLION
    * EBIT IN Q3 TOTALLED EUR 19.0 MILLION, UP 54.9% (Q3 2020:
EUR
12.3 MILLION)
    * BOARD EXPECTS FOR 2021 AS A WHOLE SALES GROWTH ABOVE 20 %
AND AN
EBIT RATIO BETWEEN 14.0 % AND 17.0 % (IN TERMS OF TOTAL
OPERATING REVENUE)
    * AS A RESULT OF HIGH LEVEL OF DEMAND, EXECUTIVE BOARD
BELIEVES
THAT 2022 WILL ALSO BE A VERY POSITIVE YEAR
    * STEICO - IF RECENT DYNAMIC GROWTH IN COSTS FOR MATERIALS &
ELECTRICITY DOES NOT CONTINUE, CO BELIEVES PROFITABILITY WILL
CONTINUE TO BE STABLE

Source text for Eikon:  ID:nEQ1VXKTDa 
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