Brief: STRATEC Q1 Adjusted Net Profit At EUR 11.9 Mln

Stratec SE

05/05/2022 05:57

May 5 (Reuters) - STRATEC SE  SBSG.DE :
    * POSTS GOOD START TO YEAR AND FURTHER SALES GROWTH IN FIRST
QUARTER OF 2022
    * Q1 ADJUSTED NET PROFIT 11.9 MILLION EUR
    * Q1 ADJUSTED EBIT MARGIN OF 19.9% (Q1/2021: 22.3%)
    * 2022 GUIDANCE CONFIRMED
    * Q1 SALES RISE BY 4.7% TO EUR 75.4 MILLION IN Q1/2022;
+1.8% AT
CONSTANT-CURRENCY (Q1/2021: EUR 72.0 MILLION)
    * Q1 EARNINGS PER SHARE (EUR )0.92
    * AT EUR 15.0 MILLION, ADJUSTED EBIT FOR Q1/2022 ONLY
MODERATELY
BELOW PREVIOUS YEAR'S HIGH PANDEMIC-RELATED BASIS OF COMPARISON
(Q1/2021: EUR 16.0 MILLION)

Source text for Eikon:  ID:nEQ5JcWgxa 
Further company coverage:  SBSG.DE 

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