Brief: Steico SE Says H1 2021 Revenues Were Up 29.6% Year-On-Year At EUR 186.8 Million

Steico SE

19/07/2021 19:37

July 19 (Reuters) - Steico SE  ST5G.DE :
    * DGAP-NEWS: STEICO SE: H1 2021: REVENUES UP BY AROUND 30%.
EBIT
LIFTS 2.5-FOLD YEAR-ON-YEAR.
    * H1 2021 REVENUES WERE UP 29.6% YEAR-ON-YEAR AT EUR 186.8
MILLION
    * H1 2021 EBIT IMPROVED BY 155.1% TO EUR 31.1 MILLION
    * DUE TO FRIENDLY MARKET ENVIRONMENT, GROWTH IS EXPECTED TO
CONTINUE IN SECOND HALF OF 2021
    * NET INCOME FOR PERIOD IN FIRST SIX MONTHS LIFTED BY 181.5%
TO
EUR 21.1 MILLION
    * REVENUES OF EUR 96.2 MILLION WERE RECORDED IN Q2 (PREVIOUS
YEAR:
EUR 69.7 MILLION)
    * BELIEVES THAT IN 2021 REVENUES WILL LIFT BY AROUND 20%
WITH AN
EBIT RATIO BETWEEN 14.0% AND 17.0%
    * EBITDA IN Q2 INCREASED BY 93.3% TO EUR 22.4 MILLION
(PREVIOUS
YEAR: EUR 11.6 MILLION)
    * Q2 EBIT LIFTED BY 180.7% TO EUR 17.3 MILLION
    * Q2 EBITDA MARGIN IS 23.0% (PREVIOUS YEAR: 16.6%)
    * Q2 EBIT MARGIN IS 17.8% (PREVIOUS YEAR: 8.9%)

Source text for Eikon:  ID:nEQ2NwJd2a 
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