Brief: STRATEC Postpones Annual Report Release Due To Auditor Change
19/03/2025 15:21
March 19 (Reuters) - STRATEC SE SBSG.DE: ANNOUNCES CHANGES TO 2025 FINANCIAL CALENDAR ANNOUNCING A POSTPONEMENT IN PUBLICATION DATE FOR ITS 2024 ANNUAL REPORT. PUBLICATION IS NOW SCHEDULED FOR APRIL 29, 2025 THIS POSTPONEMENT IS TO BE VIEWED IN CONNECTION WITH INCREASED TIME AND COORDINATION REQUIRED DUE TO CHANGE OF EXTERNAL AUDITOR (INITIAL AUDIT), AS WELL AS WITH CAPACITY BOTTLENECKS, SOME OF WHICH SICKNESS-RELATED, IN FINANCE DEPARTMENT PRIOR TO PUBLICATION OF ITS ANNUAL REPORT, STRATEC PLANS TO PUBLISH ITS PRELIMINARY RESULTS FOR 2024 FINANCIAL YEAR TOGETHER WITH ITS GUIDANCE FOR 2025 EXACT DATE FOR THIS PUBLICATION WILL BE ANNOUNCED IN ADVANCE EXPECTS THAT TARGETS FORMULATED FOR 2024 FINANCIAL YEAR, NAMELY CONSOLIDATED SALES TO REMAIN STABLE OR DECLINE SLIGHTLY (ON A CONSTANT-CURRENCY BASIS) AND AN ADJUSTED EBIT MARGIN OF AROUND 10.0% TO 12.0%, HAVE BEEN MET 2025 ANNUAL GENERAL MEETING WILL NOW BE HELD ON JUNE 17, 2025 Source text: ID:nEQ5SHvWsa Further company coverage: SBSG.DE (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))