EQS-News

STS Group AG with noticeable market recovery in Europe in the nine-month period - Significant improvement of EBITDA in the third quarter 2022 - Seite 3

Key figures in the first nine months of 2022

in mEUR		9M/2022		9M/2021
Revenues		172.1		177.9
EBITDA		7.0		13.5
Adjusted EBITDA		7.3		13.8
Adjusted EBITDA margin		4.2%		7.8%

 

About STS Group:

STS Group AG, www.sts.group (ISIN: DE000A1TNU68), is a leading system supplier to the automotive industry. It employs more than 1,500 people worldwide and generated sales of 242.0 mEUR in the financial year 2021. STS Group ("STS") produces and develops at its twelve plants and three development centers in France, Germany, Mexico, China and, in the future, also in the USA plastic injection moulding and components made of composite materials (Sheet Molding Compound - SMC), such as solid and flexible vehicle and aerodynamic trim, entire interior systems, as well as lightweight construction and battery components for electric vehicles. STS is considered as a technology leader in the manufacture of plastic injection moulding and components made of composite materials. STS has a large global footprint with plants in three continents. The customer portfolio comprises leading international manufacturers of commercial vehicles, passenger cars and electric vehicles.