DGAP-News

STEICO SE: Continued growth with margins soaring - Seite 3

I-joists and laminated veneer lumber contributed to the renewed revenue growth. Earnings also enjoyed pleasing growth and were up substantially year on year.

KPI	Q1 2017	Q1 2016
Revenue	54.2 Mio. EUR	46.9 Mio. EUR
Total operating revenue (TOR)	54.9 Mio. EUR	49.2 Mio. EUR
EBITDA	8.5 Mio. EUR	8.1 Mio. EUR
EBITDA-Margin in % TOR	15.5 %	16.5 %
EBIT	4.6 Mio. EUR	4.1 Mio. EUR
EBIT-Margin in % TOR	8.4 %	8.3 %
Profit of the period	2.9 Mio. EUR	2.7 Mio. EUR

The company's management believes that the positive growth will continue and is forecasting fiscal year 2017 to be strong.

Outlook

If the economy does not deteriorate, the company's management is aiming for year-on-year revenue growth in the upper single-digit percentage range. In terms of both EBITDA and EBIT, slightly above average growth in the low single-digit percentage range is forecast for 2017.

The complete financial reports can be downloaded at www.steico.com/ir

Company Profile:

STEICO develops, produces and markets ecological construction products made of renewable raw materials. STEICO is the European market leader for wood fiber insulation materials.