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STEICO SE: Half-Year Report 2026 – catch-up effects in the second quarter, along with cost pressures
STEICO SE: Half-Year Report 2026 – catch-up effects in the second quarter, along with cost
About this update from Steico Se
EQS-News: STEICO SE / Key word(s): Half Year Report STEICO SE: Half-Year Report 2026 – catch-up effects in the second quarter, along with cost pressures 20.07.2026 / 21:10 CET/CEST The issuer is solely responsible for the content of this announcement.STEICO SE: Half-Year Report 2026 – catch-up effects in the second quarter, along with cost pressures Feldkirchen near Munich, 20 July 2026 – Today the STEICO Group (ISIN DE000A0LR936) released its Half-Year Report 2026. With the start of the construction season in the second quarter of 2026, demand for STEICO products has risen significantly. At the end of the first half of 2026, the STEICO Group’s turnover stood at €200.3 million, up 0.6% on the same period last year (previous year: €199.1 million), thereby offsetting the weaker first quarter. However, STEICO was confronted with massive cost increases in the second quarter as a result of the US–Iran conflict and the related supply chain disruptions. There are currently no signs of a sustained easing of the situation, and costs are continuing to rise in many areas. Price increases already implemented to offset the cost rises are taking effect with a time lag, which is having a strong impact on margins for the first half of the year. EBITDA after six months therefore stands at €29.0 million, representing a decline of 22.1% compared with the same period last year (PY: €37.2 million). EBIT, at €14.7 million, is 30.8% below the previous year’s figure (PY: €21.2 million). The EBIT margin (as a proportion of total operating revenue) stood at 7.5% at the end of the first half of the year. The Executive Board expects that further growth can be achieved in the second half of the year and that profit margins will continue to improve. Accordingly, the management confirms the forecast for the full year 2026. Provided the economic outlook does not deteriorate further, the management expects revenue for the full year 2026 to grow by between -2% and +4% compared with the previous year. This would correspond to revenue of around € 375 million to € 398 million. EBIT is expected to be between € 30 million and € 38 million. This would correspond to an EBIT margin of 8.0% to 9.5%. The complete financial report can be downloaded at https://www.steico.com/en/investor-relations/Company profile The STEICO Group develops, produces and sells building products made from bio-based...