DGAP-News
STRATEC WITH DOUBLE-DIGIT GROWTH IN SALES AND EARNINGS IN FIRST NINE MONTHS OF 2020
DGAP-News: STRATEC SE / Key word(s): Quarter Results/Quarterly / Interim Statement STRATEC WITH DOUBLE-DIGIT GROWTH IN SALES AND EARNINGS IN FIRST NINE MONTHS OF 2020 |
- Sales in 9M/2020 rise year-on-year by 13.1% to € 179.1 million (9M/2019: € 158.3 million)
- Adjusted EBIT in 9M/2020 up 40.7% to € 28.1 million (9M/2019: € 20.0 million)
- Adjusted EBIT margin improves year-on-year by 310 basis points to 15.7%
- Well-filled development pipeline and key development milestones achieved
- Financial guidance for 2020: Sales and margin expected at upper end of forecast ranges
Birkenfeld, November 5, 2020
STRATEC SE, Birkenfeld, Germany, (Frankfurt: SBS; Prime Standard, SDAX) today announced its financial results and major events for the period from January 1, 2020 to September 30, 2020 with the publication of its Quarterly Statement 9M|2020.
KEY FIGURES 1
€ 000s | 9M/2020 | 9M/20192 | Change | 9M/2020 | 9M/20192 | Change |
Sales | 179,082 | 158,336 | +13.1% | 59,715 | 49,732 | +20.1% |
Adj. EBITDA | 35,821 | 26,776 | +33.8% | 12,284 | 9,451 | +30.0% |
Adj. EBITDA margin (%) | 20.0 | 16.9 | +310 bps | 20.6 | 19.0 | +160 bps |
Adj. EBIT | 28,121 | 19,985 | +40.7% | 9,708 | 7,180 | +35.2% |
Adj. EBIT margin (%) | 15.7 | 12.6 | +310 bps | 16.3 | 14.4 | +190 bps |
Adj. consolidated net income3 | 23,765 | 15,931 | +49.2% | 8,170 | 5,476 | +49.2% |
Adj. earnings per share (€)3 | 1.97 | 1.33 | +48.1% | 0.67 | 0.46 | +45.7% |
Earnings per share (€)3 | 1.55 | 0.72 | +115.3% | 0.54 | 0.24 | +125.0% |