STRATEC REPORTS RESULTS FOR 2024 FINANCIAL YEAR
Adjusted EBIT margin for 2024 at 13.0% (2023: 11.2%) significantly above the forecast corridor
Consolidated sales in 2024 -4.9% at constant currency to €257.6 million (2023: € 270.4 million, restated from € 261.9 million)
Operating cash flow increased by 152.3% to € 48.7 million (2023: € 19.3 million).
Development pipeline further strengthened by new development cooperations with partners
Outlook 2025: Consolidated sales expected to increase in a low to medium single-digit percentage range at constant currency with an adjusted EBIT margin of approximately 10.0% to 12.0%
Dividend proposal for 2024 of € 0.60 per share (2023: € 0.55 per share)
STRATEC SE, Birkenfeld, Germany, (Frankfurt: SBS; Prime Standard) today announced its financial results and major events for the period from January 1, 2024 to December 31, 2024 with the publication of its 2024 Annual Report.