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STEICO SE: 6M 2024 – Beginning growth trend and improvement in profitability in Q2
STEICO SE: 6M 2024 – Beginning growth trend and improvement in profitability in
About this update from Steico Se
[{"type":"text","content":"\n\n\nEQS-News: STEICO SE\n\n\n / Key word(s): Half Year Report\n\n\n\n\n\nSTEICO SE: 6M 2024 – Beginning growth trend and improvement in profitability in Q2 \n\n\n\n\n\n\n21.07.2025 / 11:55 CET/CEST\n\n\n\nThe issuer is solely responsible for the content of this announcement.STEICO SE: 6M 2024 – Beginning growth trend and improvement in profitability in Q2\n\nFeldkirchen near Munich, 21 July 2025 – Today the STEICO Group (ISIN DE000A0LR936) released its half-year report 2025.\n\nThe construction industry continues to stabilise. Long-term indicators are also developing positively in Germany, the STEICO Group's most important market. Building permits are showing an upward trend for the first time since 2022. From January to April 2025, the number of building permits for single-family homes rose by 15.4% compared to the same period last year.\n\nAfter a strong first quarter, growth momentum slowed in the second quarter of 2025. Revenue of €97.3 million was generated in Q2 (Q1 2025: €101.8 million). However, operating profitability continued to improve in the second quarter, with EBIT amounting to €12.2 million (Q1 2025: €8.9 million).\n\nRevenue for the first half of 2025 rose by 4.4% to €199.1 million (previous year: €190.8 million). EBIT (recognised under German GAAP) amounted to €21.2 million, down 34.0% on the previous year (€32.0 million). It should be noted that the previous year's EBIT was still influenced by positive effects from currency hedging in the amount of €19.8 million, which, as expected, were lower in H1 2025 at € 5.1 million. The EBIT margin (in relation to total operating performance) was 10.4% in the first half of 2025.\n\nThe management confirms its forecast for the full year 2025. Revenue growth of around 3% to 6% is expected compared with the previous year's revenue. This would correspond to revenue of around €388 million to €399 million. Operating profit (EBIT) is expected to be between €29 million and €35 million.\n\nThe complete financial report can be downloaded at www.steico.com/en/investor-relations/investors-information\n\n Company Profile\n\nThe STEICO Group develops, produces and sells building products made from bio-based raw materials. STEICO is the global market leader in the wood fibre insulation materials segment.\n\nSTEICO is positioned as a system provider and is the only manufact...