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STEICO SE Confirms 2024 Financial Growth with Final Results

Stock price chart of STEICO Aktiengesellschaft (EBR:ST5) showing fluctuations.

STEICO SE released its Annual Report for 2024, confirming preliminary figures. Despite a challenging market, revenue grew by 3.0% to €376.3 million, and total operating revenue reached €380.2 million.

Increased profitability marked the year, with EBITDA rising 38.4% to €79.8 million, and EBIT improving by 18.6% to €36.0 million. Furthermore, the EBIT margin increased from 8.5% to 9.5%. Net profit rose by 14.5% to €19.3 million, leading to earnings per share of €1.37.

For 2025, STEICO predicts a modest industry outlook with expected revenue growth of 3% to approximately €388 million. EBIT is anticipated to range between €27 million and €35 million, with a margin between 7% and 9%.

R. H.

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