Group sales EUR 137.2 million ^
DGAP-Ad-hoc: STRATEC SE / Keywords: Initial result
STRATEC REPORT PRELIMINARY FIGURES FOR THE FIRST HALF OF 2022 AND
CONFIRMED FINANCIAL FORECAST
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07/25/2022 / 18:21 CET / CEST
Publication of confidential information pursuant to Art. 17 of the Regulation
(EU) No 596/2014, provided by DGAP – EQS Group AG service.
The issuer / publisher is responsible for the content of the application.
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STRATEC REPORT PRELIMINARY FIGURES FOR THE FIRST HALF OF 2022 AND
CONFIRMED FINANCIAL FORECAST
Birkenfeld, July 25, 2022
Based on preliminary data, STRATEC expects the first half of 2022.
Group sales of EUR 137.2 million (H1 2021: EUR 155.8 million). Compared to
In the previous year, this corresponds to a decrease in sales of 11.9% (Fx adj.)
15.2%). As expected, the limited growth in sales is due to
high base from the previous year due to the pandemic, especially the second one
quarter, as well as significant backlogs in connection with
further deterioration in supply chains.
In addition, planned sales from development projects
partially postponed to the third quarter of 2022.
Adjusted EBIT margin is expected for H1 2022.
15.4% (H1 2021: 22.1%) and is 670 basis points below
previous year’s level. In addition to the negative economies of scale associated with
also with temporarily reduced sales volume
weaker mix of products and sales and negative impact on earnings
Valuation effects from some of the years
currency exchange rate hedging transactions. It also exists
necessary price adjustments for STRATEC products in connection with
increased input costs, some are still in the implementation phase.
STRATEC assumes that the result in the first half of 2022 will be
to be able to catch up in the next few months. Additionally
due to marketed products and generally lower
year-on-year comparison, increased dynamics of revenues in the second half of the year
expected in 2022. Against this background and on a current basis
STRATEC confirms orders and order forecasts from customers
their financial guidelines for the financial year 2022. Based on the constants
exchange rates, sales are therefore expected to remain at the previous year’s level.
Adjusted EBIT margin remains unchanged at around 16.5%
Forecast 18.5% (2021: 18.9%).
Half-year financial statements with complete data for the first half of the year
STRATEC will publish 2022 on August 10, 2022. Furthermore, it states
teleconference / audio webcast in English on August 10, 2022
instead.
FOR MORE INFORMATION, CONTACT:
STRATEC SE
Jan Keppeler | Investor relations, sustainable development and corporate communication
Telephone: +49 7082 7916-6515
[email protected]atec.pl
www.stratec.pl
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German
Company: STRATEC SE
shopping street 37
75217 Birkenfeld
Germany
Telephone: +49 (0) 7082 7916 0
Fax: +49 (0) 7082 7916 999
E-mail: [email protected]
Internet: www.stratec.com
ISIN: DE000STRA555
WKN: STRA55
Indices: SDAX
Exchanges: Regulated market in Frankfurt (Prime Standard);
Open market in Berlin, Dusseldorf, Hamburg, Hannover,
Munich, Stuttgart, Tradegate Exchange
EQS NewsID: 1405449
End of news DGAP news service
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1405449 07/25/2022 CET / CEST
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