on STEICO Aktiengesellschaft (ETR:ST5)
STEICO SE: 9M 2025 Financial Performance Amid Market Challenges
STEICO SE has announced its third-quarter results for 2025. The construction market shows signs of stabilization, but growth is slower than anticipated. A production issue in June at a major facility led to increased delivery times, impacting sales which reached €92.5 million in Q3, down from €100.3 million in Q3 2024.
Cumulative sales for the first nine months rose slightly by 0.8% to €291.6 million. However, EBIT decreased to €29.1 million due to reduced contributions from special effects like currency hedging. Despite this, an efficiency improvement program is boosting operational profitability.
The company revised its annual revenue expectations to rise by 1% to 3%, forecasting between €380 million and €388 million. EBIT is expected to be €30 million to €35 million. Management remains optimistic about stronger growth in 2026.
R. H.
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