Brief: STRATEC Says Based On Preliminary Figures, Co Generated Sales Of EUR 125.0 Mln In First Half Of 2023

Stratec SE

18/07/2023 19:16

July 18 (Reuters) - Stratec Se  SBSG.DE :
    * EQS-ADHOC: STRATEC POSTS PRELIMINARY RESULTS FOR FIRST
HALF AND
ADJUSTS GUIDANCE FOR 2023 FINANCIAL YEAR
    * EQS-ADHOC: STRATEC POSTS PRELIMINARY RESULTS FOR FIRST
HALF AND
ADJUSTS GUIDANCE FOR 2023 FINANCIAL YEAR
    * SAYS BASED ON PRELIMINARY FIGURES, STRATEC GENERATED SALES
OF
EUR 125.0 MILLION IN FIRST HALF OF 2023
    * ADJUSTED EBIT MARGIN FOR FIRST SIX MONTHS OF 2023 IS
EXPECTED AT
5.6% (H1/2022: 15.4%)
    * GENERATED SALES OF EUR 125.0 MILLION IN FIRST HALF OF 2023
(H1/2022: EUR 137.2 MILLION)
    * SAYS STRATEC STILL EXPECTS ITS SALES TO GAIN FRESH
MOMENTUM IN
SECOND HALF OF YEAR
    * FY ADJUSTED EBIT MARGIN IS NOW EXPECTED AT AROUND 10.0% TO
12.0%

Source text for Eikon:  ID:nEQ5HGX3Na 
Further company coverage:  SBSG.DE 

 ((Reuters.Briefs@thomsonreuters.com;))