EQS-News: 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 Q2

Feldkirchen near Munich, 21 July 2025 – Today the STEICO Group (ISIN DE000A0LR936) released its half-year report 2025.

The 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.

After 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).

Revenue 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.

The 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.

The complete financial report can be downloaded at www.steico.com/en/investor-relations/investors-information

 Company Profile

The 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.

STEICO is positioned as a system provider and is the only manufacturer in the industry to offer an integrated timber construction system in which innovative timber structures and bio-based insulation materials complement each other.

The insulation materials include flexible wood fibre insulation bats, stable wood fibre insulation boards and air-injected insulation materials made from wood fibres and cellulose. Laminated veneer lumber and I-joists form the structural components of the system. Sealing products for the building envelope and plaster components for façade insulation round off the overall system.

The STEICO Group offers its customers a wide range of products, including the prefabrication of complete components for timber element construction.

The Munich-based company's products are suitable for both new builds and the renovation of roofs, walls, ceilings, floors and façades. STEICO products can contribute to the construction of future-proof, energy-efficient buildings with a particularly high quality of living. They help to permanently improve protection against cold, heat and noise.

Contact
Andreas Schulze
STEICO SE
Otto-Lilienthal-Ring 30
85622 Feldkirchen
Fon: +49-(0)89-99 15 51-548
Fax: +49-(0)89-99 15 51-704
E-Mail: a.schulze@steico.com
www.steico.com