Brief: Stratec Reports Preliminary Figures For H1 Of 2022 And Confirms Financial Guidance

Stratec SE

25/07/2022 17:25

July 25 (Reuters) - Stratec SE  SBSG.DE :
    * DGAP-ADHOC: STRATEC REPORTS PRELIMINARY FIGURES FOR FIRST
HALF
OF 2022 AND CONFIRMS FINANCIAL GUIDANCE
    * SAYS STRATEC EXPECTS TO REPORT CONSOLIDATED SALES OF EUR
137.2
MILLION FOR FIRST HALF OF 2022
    * SAYS BUDGETED RECOGNITION OF SALES FOR DEVELOPMENT
PROJECTS HAS
IN SOME CASES BEEN POSTPONED TO Q3 OF 2022
    * SAYS ADJUSTED EBIT MARGIN FOR FIRST HALF OF 2022 IS
EXPECTED TO
AMOUNT TO 15.4% (H1/2021: 22.1%)
    * CO EXPECTS TO BE ABLE TO MAKE UP IN MONTHS AHEAD FOR
DELIVERY
BACKLOGS WHICH AROSE IN FIRST HALF OF 2022
    * SAYS STRATEC CAN CONFIRM ITS FINANCIAL GUIDANCE FOR 2022
FINANCIAL YEAR
    * SAYS ON A CONSTANT-CURRENCY BASIS, FY SALES ARE STILL
EXPECTED
TO MATCH PREVIOUS YEAR'S FIGURE
    * STRATEC - SALES MOMENTUM IN H2 2022 IS EXPECTED TO BE
BOOSTED BY
PRODUCT LAUNCHES AND BY LOWER OVERALL BASIS OF COMPARISON WITH
PREVIOUS YEAR

Source text for Eikon:  ID:nEQX7nxYa 
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