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Financial Press Release

STRATEC REPORTS RESULTS FOR 2023 FINANCIAL YEAR


  • Consolidated sales in 2023 -3.8% at constant currency to € 261.9 million (2022: € 274.6 million);
    Constant-currency growth of 12.9% in Q4/2023
  • Adjusted EBIT margin of 10.3% (2022: 16.4%) within guidance corridor
  • New product launch and newly concluded development cooperations with partners
  • 2024 guidance: Sales on a constant-currency basis expected to remain stable or grow slightly with adjusted EBIT margin of around 10.0% to 12.0%
  • Very weak start to the year, with strong recovery in sales and earnings performance expected from second quarter of 2024

Birkenfeld, March 28, 2024

STRATEC SE, Birkenfeld, Germany, (Frankfurt: SBS; Prime Standard, SDAX) today announced its financial results and major events for the period from January 1, 2023 to December 31, 2023 with the publication of its 2023 Annual Report.

Read full news here

STRATEC Financial News 2024


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