on STEMMER IMAGING AG
STEMMER IMAGING Presents Preliminary Results for Fiscal Year 2023
On February 28, 2024, STEMMER IMAGING AG published its preliminary figures for the financial year 2023, revealing strong profitability despite a difficult market environment. The company saw a 5.8% drop in revenue to €146.3 million, a performance in line with forecasts. Despite this, STEMMER IMAGING recorded a record gross margin of 39.7% and a slightly reduced EBITDA to 27.0 million euros due to one-off effects.
The EBITDA margin reached a historic level of 18.4%. After adjusting for exceptional expenses, EBITDA stood at 28.3 million euros, surpassing the results of the previous year. These performances reflect the company's success in a context marked by an economic slowdown and a temporary drop in orders due to overcapacity among customers.
STEMMER IMAGING thus confirms its strategic orientation towards a transformation into a systems house for the computer vision industry. Final results for fiscal year 2023 and forecasts for 2024 will be released on March 28, 2024.
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