Brief: STRATEC Posts Preliminary Figures For Q1, Raises Guidance For 2021 FY

Stratec SE

26/04/2021 19:37

April 26 (Reuters) - Stratec SE  SBSG.DE :
    * DGAP-ADHOC: STRATEC POSTS PRELIMINARY FIGURES FOR FIRST
QUARTER
AND RAISES GUIDANCE FOR 2021 FINANCIAL YEAR
    * ADJUSTED EBIT FOR Q1 OF 2021, BASED ON PRELIMINARY
FIGURES, IS
EXPECTED TO RISE YEAR-ON-YEAR BY 109.4% TO EUR 16.0 MILLION
    * DECIDED TO RAISE ITS FINANCIAL GUIDANCE FOR 2021
    * BASED ON PRELIMINARY FIGURES, CO EXPECTS TO REPORT
CONSOLIDATED
SALES OF EUR 72.0 MILLION FOR Q1 OF 2021 (PREVIOUS YEAR: EUR
56.5 MILLION)
    * FOR 2021 NOW EXPECTS CONSTANT-CURRENCY SALES GROWTH AT
LEAST IN
A HIGH SINGLE-DIGIT PERCENTAGE RANGE
    * FOR 2021 EXPECTS ADJUSTED EBIT MARGIN OF AROUND 17.5% TO
18.5%

Source text for Eikon:  ID:nEQ3ty227a 
Further company coverage:  SBSG.DE 

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