2025 ahead ayondo Franchise coming soon
Happy 
xMas Holidays
xMas Holidays
xMas Holidays
|
DGAP-Ad-hoc: STRATEC SE / Key word(s): Preliminary Results STRATEC REPORTS PRELIMINARY FIGURES FOR FIRST HALF OF 2022 AND CONFIRMS FINANCIAL GUIDANCE Birkenfeld, July 25, 2022 Based on preliminary figures, STRATEC expects to report consolidated sales of € 137.2 million for the first half of 2022 (H1/2021: € 155.8 million). This corresponds to a year-on-year reduction in sales by 11.9% (constant currency: 15.2%). Consistent with expectations, this subdued sales performance is due to the previous year’s high pandemic-related basis of comparison, particularly for the second quarter, as well as to significant delivery backlogs relating to a further intensification in the supply chain situation. Furthermore, the budgeted recognition of sales for development projects has in some cases been postponed to the third quarter of 2022. The adjusted EBIT margin for the first half of 2022 is expected to amount to 15.4% (H1/2021: 22.1%) and thus to fall 670 basis points short of the previous year’s figure. Alongside negative economies of scale in connection with the temporary reduction in sales volumes, this key figure was also affected by a weaker product and sales mix, as well as by the negative earnings impact of measurement items for currency hedges, some of which involving multiyear transactions. Moreover, adjustments to the prices of STRATEC products to account for higher input costs are in some cases still being implemented. STRATEC expects to be able to make up in the months ahead for the delivery backlogs which arose in the first half of 2022. In addition, the company’s sales momentum in the second half of 2022 is expected to be boosted by product launches and by the lower overall basis of comparison with the previous year. In view of these factors and based on current orders and order forecasts received from customers, STRATEC can confirm its financial guidance for the 2022 financial year. On a constant-currency basis, sales are therefore still expected to match the previous year’s figure. Adjusted EBIT is still forecast without amendment at around 16.5% to 18.5% (2021: 18.9%). STRATEC will publish its Half-Year Financial Report with the complete figures for the first half of 2022 on August 10, 2022. Moreover, a conference call/audio webcast will be held in English on August 10, 2022. FURTHER INFORMATION IS AVAILABLE FROM:
25-Jul-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | STRATEC SE |
| Gewerbestr. 37 | |
| 75217 Birkenfeld | |
| Germany | |
| Phone: | +49 (0)7082 7916 0 |
| Fax: | +49 (0)7082 7916 999 |
| E-mail: | info@stratec.com |
| Internet: | www.stratec.com |
| ISIN: | DE000STRA555 |
| WKN: | STRA55 |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1405449 |
| End of Announcement | DGAP News Service |
|
|
1405449 25-Jul-2022 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.
