Brief: STO Adjusts Medium-Term Forecast And Postpones The Achievement Of Current Aims From 2025 To 2027

STO SE & Co KGaA

19/03/2024 13:19

March 19 (Reuters) - STO SE & CO KGAA  STOG_p.DE :
    * ADJUSTS MEDIUM-TERM FORECAST AND POSTPONES THE ACHIEVEMENT
OF
CURRENT AIMS FROM 2025 TO 2027
    * REDUCTION OF COMMUNICATED AIMS FOR 2025 TO A GROUP
TURNOVER OF
1.9 BILLION EUR
    * 2025 AIM : A RETURN ON SALES WITH RESPECT TO EARNINGS
BEFORE
TAXES (EBT) BETWEEN 7.6 % - 9.2 %
    * ACHIEVEMENT OF MEDIUM-TERM FORECAST WITH A TURNOVER IN STO
GROUP
IN AMOUNT OF 2.1 BILLION EUR
    * RETURN ON SALES WITH RESPECT TO EARNINGS BEFORE TAXES
(EBT) OF
10 % FOR STO GROUP FIRST EXPECTED IN 2027
    * A RETURN ON SALES WITH RESPECT TO EARNINGS BEFORE TAXES
(EBT) OF
10 % FOR STO GROUP FIRST EXPECTED IN 2027
    * PREVIOUS MEDIUM-TERM FORECAST SHALL BE POSTPONED BY TWO
YEARS

Source text for Eikon:  ID:nEQ1bztLpa 
Further company coverage:  STOG_p.DE 

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