STEICO SE Q1 2024: Solid Business Stability with Positive Earnings Growth

• STEICO SE released its interim report for Q1 2024, with a stable business situation and positive earnings performance.
• The company's revenue for Q1 2024 was €95.9 million, a slight decrease of 0.7% compared to Q1 2023.
• EBITDA for Q1 2024 was €17.8 million, a significant increase of 38.5% compared to the previous year.
• EBIT for Q1 2024 was €10.8 million, showing a growth of 85.1% compared to Q1 2023.
• The company expects the market situation to stabilize further and predicts sales in 2024 to remain at the previous year's level of around €365 million.
• STEICO SE is a global market leader for wood fibre insulation materials and offers an integrated wooden construction system.

The price of Steico at the time of the news was 29,18EUR and was up +4,29 % compared with the previous day.
10 minutes after the article was published, the price was 29,00EUR this corresponds to a minus of -0,60 % since publication.

Steico

-3,28 %

+4,79 %

+26,71 %

+25,37 %

-21,90 %

-57,19 %

+60,53 %

+415,36 %

+91,14 %

ISIN:DE000A0LR936WKN:A0LR93

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