Brief: STRATEC H1 Sales Up At Constant Currency To EUR 155.8 Mln

Stratec SE

06/08/2021 05:57

Aug 6 (Reuters) - STRATEC SE  SBSG.DE :
    * H1 SALES UP BY 36.0 % AT CONSTANT CURRENCY TO EUR 155.8
MILLION
IN H1/2021; NOMINAL +30.5 % (H1/2020: EUR 119.4 MILLION)
    * H1 ADJUSTED EBIT IN H1/2021 RISES BY 87.1 % TO EUR 34.5
MILLION
(H1/2020: EUR 18.4 MILLION)
    * H1 ADJUSTED EBIT MARGIN IMPROVES BY 670 BASIS POINTS TO
22.1 %
(H1/2020: 15.4 %)
    * RECENTLY RAISED GUIDANCE FOR 2021 CONFIRMED:
CONSTANT-CURRENCY
SALES GROWTH OF AT LEAST 12.0%  AND ADJUSTED EBIT MARGIN OF
AROUND 17.5 % TO 18.5 %

Source text for Eikon:  ID:nNDL4Vgdst 
Further company coverage:  SBSG.DE 

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