DGAP-News
STRATEC POSTS NEW RECORD LEVEL OF SALES AND EARNINGS IN FIRST HALF OF 2021
DGAP-News: STRATEC SE / Key word(s): Half Year Results STRATEC POSTS NEW RECORD LEVEL OF SALES AND EARNINGS IN FIRST HALF OF 2021 |
- Sales up by 36.0% at constant currency to € 155.8 million in H1/2021; nominal +30.5%
(H1/2020: € 119.4 million)
- Adjusted EBIT in H1/2021 rises by 87.1% to € 34.5 million (H1/2020: € 18.4 million)
- Adjusted EBIT margin improves by 670 base points to 22.1% (H1/2020: 15.4%)
- New products launched and important development milestones achieved
- Recently raised guidance for 2021 confirmed: Constant-currency sales growth of at least 12.0% and adjusted EBIT margin of around 17.5% to 18.5%
Birkenfeld, August 6, 2021
STRATEC SE, Birkenfeld, Germany, (Frankfurt: SBS; Prime Standard, SDAX) today announced its financial results and major events for the period from January 1, 2021 to June 30, 2021 with the publication of its Half-Year Financial Report H1|2021.
KEY FIGURES 1
€ 000s | H1/2021 | H1/2020 | Change | Q2/2021 | Q2/2020 | Change |
Sales | 155,765 | 119,367 | +30.5% | 83,770 | 62,863 | +33.3% |
EBITDA | 40,274 | 23,537 | +71.1% | 21,434 | 13,395 | +60.0% |
EBITDA margin (%) | 25.9 | 19.7 | +620 bps | 25.6 | 21.3 | +430 bps |
Adj. EBIT | 34,457 | 18,413 | +87.1% | 18,412 | 10,755 | +71.2% |
Adj. EBIT margin (%) | 22.1 | 15.4 | +670 bps | 22.0 | 17.1 | +490 bps |
Adj. consolidated net income | 28,547 | 15,5952 | +83.1% | 15,400 | 9,3492 | +64.7% |
Adj. earnings per share (€) | 2.36 | 1.302 | +81.5% | 1.27 | 0.782 | +62.8% |
Earnings per share (€) | 2.08 | 1.012 | +105.9% | 1.12 | 0.642 | +75.0% |
Adj. = adjusted