Overview
Germany diagnostics systems maker's Q1 revenue fell 11.5% yr/yr, adjusted EPS turned negative
Company attributes declines to lower Service Parts and Consumables sales, in line with planning
Outlook
Stratec confirms 2026 guidance for constant-currency sales growth in medium to high single digits
Company sees 2026 adjusted EBIT margin around 2025 level of 10.0%
Result Drivers
SERVICE PARTS AND CONSUMABLES - Lower sales in this segment due to logistics optimization measures at customers weighed on overall revenue
PRODUCT MIX - Lower share of high-margin Service Parts and Consumables sales contributed to the decline in operating profitability
Company press release: ID:nEQ2lR81ga
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 53.43 mln
Q1 Adjusted EPS
-EUR 0.09
Q1 Adjusted Net Income
-EUR 1.11 mln
Q1 Adjusted EBIT
EUR 691,000
Q1 Adjusted EBIT Margin
1.30%
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the advanced medical equipment & technology peer group is "buy"
Wall Street's median 12-month price target for Stratec Se is €30.50, about 72.3% above its May 8 closing price of €17.70
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 12 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)