STEMMER IMAGING Overcomes Q1 2024 Market Challenges, Sees Positive Order Intake & Confirms Full-Year Forecast

• STEMMER IMAGING AG reports challenging market environment in Q1 2024 but confirms full-year forecast
• Order intake increased to EUR 33.1 million, despite a 31.9% reduction in revenue to EUR 27.5 million compared to Q1 2023
• Gross margin increased to 39.9% and EBITDA margin stood at 14.9%, with EBITDA at EUR 4.1 million
• Operating cash flow increased by 70.6% to EUR 9.4 million
• The company successfully closed the acquisition of Phase 1 Technology Corp., New York, USA
• Despite challenging market conditions, the Executive Board expects a continued positive trend in order intake and confirms the EBITDA forecast of EUR 24 to 31 million.

The next important date, Publication of Quarterly Report (Cut-off date Q1), at STEMMER IMAGING is on 08.05.2024.

The price of STEMMER IMAGING at the time of the news was 34,10EUR and did not change compared to the previous day.
17 minutes after the article was published, the price was 34,05EUR this corresponds to a minus of -0,15 % since publication.

STEMMER IMAGING

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ISIN:DE000A2G9MZ9WKN:A2G9MZ

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