on STEICO Aktiengesellschaft (isin : DE000A0LR936)
STEICO SE Reports 2024 Revenue of €376.3 Million
STEICO SE has disclosed its unaudited financial figures for 2024, reporting a revenue of €376.3 million, slightly increasing from the previous year's €365.3 million. The company's EBIT for the year was €36.1 million, up from €30.4 million in 2023. These results are recorded under German GAAP.
The anticipated financial outlook had pegged revenue at approximately €375 million and an EBIT between €38 million and €40 million. However, the EBIT fell short of expectations due to higher-than-anticipated repair and maintenance expenses, additional inventory write-downs, and one-off personnel costs.
STEICO plans to release its audited business figures in the annual report slated for publication in the second half of April.
R. E.
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