STRATEC: Sales decline in 2024 - Hope for strong final quartal!

STRATEC: Sales decline in 2024 - Hope for strong final quartal!

Gewerbestr. 37, 75217 Birkenfeld, Deutschland - The Stratec SE from Birkenfeld, Germany, presented its results for the first nine months of 2024 today, and the numbers are a mixed picture! With a drop in sales from currency adjusted, 6.0% to 176.3 million euros compared to the previous year - a dramatic signal! The adjusted EBIT margin fell slightly to 8.4%, which almost corresponds to the previous year's level of 8.6%. Despite this decline, the company is optimistic and expects clear sales and results improvement in the fourth quarter.

essential key figures speak a clear language: Group sales fell by 6.1%, and the adjusted result per share fell to EUR 0.67 after EUR 0.80 in the previous year. The EBITDA margins also suffered, falling to 14.9% compared to 21.3%. In the first nine months, however, sales with services and consumables could be increased. This is due to the positive development of the installed basis with increasing levels of use.

outlook on 2024 and strategic initiatives

The outlook for 2024 is still stable, albeit slightly declining, with a forecast adjusted EBIT margin of around 10.0% to 12.0%. Stratec plans investments in factory systems of 6.0% to 8.0% of sales, which indicates that the company is expansion and further growth. In addition, new projects have been worked intensively in recent months to strengthen the market position, especially in the United States and Asia. Stratec is therefore well positioned to master the challenges of the industry and prepare for future successes.