Brief: STRATEC SE Q3 Adjusted EBIT Margin Of 14.8%

Stratec SE

27/10/2023 05:58

Oct 27 (Reuters) - STRATEC SE  SBSG.DE :
    * STRATEC REPORTS RESULTS FOR FIRST NINE MONTHS OF 2023
    * SIGNIFICANT INTRA-YEAR IMPROVEMENT IN PROFITABILITY IN Q3
OF
2023
    * ADJUSTED EBIT MARGIN OF 14.8% IN Q3/2023
    * SALES PERFORMANCE STILL ADVERSELY AFFECTED BY EXCESS
MOLECULAR
DIAGNOSTICS CAPACITIES BUILT UP DURING PANDEMIC;
CONSTANT-CURRENCY SALES -9,1% IN 9M/2023
    * FINANCIAL GUIDANCE FOR 2023: SALES GUIDANCE SLIGHTLY
ADJUSTED
AND MARGIN TARGET CONFIRMED

Source text for Eikon:  ID:nEQ3kRXkWa 
Further company coverage:  SBSG.DE 

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